Monday, August 6, 2012

Some Potter County Homeowners Received Special Tax Credit

Potter County homeowners who applied for the “homestead exemption” received a credit on their school taxes this summer, reflecting the discount for owner-occupied homes. School districts will be reimbursed the amount from the gaming monies. In Coudersport, the tax cut was $176, almost the same as the $179 reduction in 2011. Tax credits in Oswayo Valley were $151.  Many homeowners in local school districts have not applied for the homestead exemption. Those who may qualify will receive another notice/application by mail later this year.

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