New calculations show which municipalities on the whole are experiencing the most shifting of value because of Luzerne County’s reassessment.
The figures, compiled by reassessment company 21st Century Appraisals Inc., analyze how much more or less each municipality will be contributing toward county government taxes (not school and local) under the new tax base.
Tim Barr, of 21st Century, said the figures also indicate which areas have realized the biggest real estate value gains since the last reassessment in 1965.
Harveys Lake has the largest increase – 120 percent – followed by Penn Lake Park, at 78 percent.
The biggest drop occurred in Laflin, which will see a 19 percent decrease in overall county tax contributions. Wright Township came in second, with an 18-percent decrease.
It’s important to note that these percentages factor in all values for the municipality, which means that individual property owners may experience different percentage increases or decreases.
Here are the other municipalities that went up in value, based on their future county tax contributions, followed by the percentages:
Nuangola, 41; Lake Twp., 25; Lehman Twp., 24; Jeddo, 21; Pringle, 19; Fairmount Twp. and Ross Twp., 18; Jackson Twp., 16; Black Creek Twp., Franklin Twp., Luzerne, Shickshinny, Slocum Twp. and Union Twp., 15; Bear Creek Twp. and Huntington Twp., 14; New Columbus, 13; Dennison Twp., Exeter Twp. and Hunlock Twp., 12; Buck Twp., Dorrance Twp., Forty Fort, Plymouth Twp. and Bear Creek Village, 11; Avoca, Foster Twp. and Kingston Twp., 10; Swoyersville, 9; Conyngham Twp., Dallas, Duryea, Rice Twp. and West Pittston, 8; Courtdale and Newport Twp., 7; Ashley, 6; Nanticoke, 5; Nescopeck and Pittston, 4; Dallas Twp. and Sugar Notch, 3; Freeland, Larksville and Plymouth, 2; and West Wyoming, 1.
Four municipalities – Edwardsville, Kingston, Wyoming and White Haven – had zero change, which means they’ll be contributing about the same for county taxes on the whole.
On the flip side, here are the other municipalities that had overall decreases:
West Hazleton, -16; Conyngham, -15; Hanover Twp., -14; Pittston Twp., -12; Hazle Twp., Warrior Run and Yatesville, -11; Salem Twp., -9; Jenkins Twp. and Sugarloaf Twp., -8; Wilkes-Barre Twp., -7; Exeter, Laurel Run and Wilkes-Barre, -6; Hughestown and Nescopeck Twp., -5; Butler Twp. and Plains Twp., -4; Dupont, Hollenback Twp. and Hazleton, -3; and Fairview Twp., -2.
The percentages are subject to change in coming weeks as the county continues to flush out the impact of thousands of formal assessment appeal rulings set to be issued at the end of December.
For example, the Harveys Lake share of county taxes was projected to increase 133 percent when the new assessed values were originally issued, but assessment reductions since then have pulled back that percentage to 120.
Buck Township was originally second in increases at 108 percent when the original values were issued, but significant assessment reductions have lowered its hike to 11 percent.
In comparison, Wilkes-Barre Township originally had a 9 percent reduction in county tax contributions, but the reshifting from assessment appeals has now placed the township at -7 percent.
Barr also publicly released a breakdown of old and estimated new millage rates on Friday to help property owners figure out their new tax bills and understand that millage rates will be drastically reduced to comply with an anti-windfall reassessment mandate.
Taxing bodies may only increase revenue 10 percent in the year after reassessment, which means they must lower millage rates to compensate for the drastic rise from modernizing assessments.
|Municipality||Old school/county/local millage rate combined||New estimated school/county/local millage rate combined|
|Black Creek Twp.||283.292||11.849|
|Bear Creek Twp.||391.900||16.531|
|Penn Lake Park||301.200||12.115|
|Bear Creek Village||396.900||16.714|
NOTE: The municipal portion of tax millages was not factored into the before or after rates for Pittston Township, Wilkes-Barre City or Pittston City because figures were not available. Millage rates for these three municipalities include only school and county taxes.
How to use these numbers:
To calculate your future estimated tax bills, take your new assessed value, divide it by 1,000 and then multiply it by the new millage rate in the last column.