for Immediate Release
to Control Property Taxes for Hard-Working Pennsylvania Families
Governor Tom Corbett talked with Huntingdon County residents and members of the
agriculture community at a farm outside Tyrone today discussing the hardships
they are facing due to rising property taxes driven by increasing pension
stop was part of continuing statewide meetings calling on the state legislature
to pass meaningful pension reform legislation to bring property tax relief to
are facing a pension crisis,” Gov. Corbett said. “Across Pennsylvania,
homeowners, especially our farmers, are facing rising property taxes due to
out-of-control pension costs.
fact, pension costs in Huntingdon County school districts have increased by
more than $2 million – more than 230 percent – in the past 10 years. These
escalating costs are absolutely not sustainable.”
Huntingdon County school districts will raise property taxes over their index
for the 2014-15 school year, citing pension costs as a primary reason.
urge the citizens of Pennsylvania to join in this fight and demand that the
legislature address pension reform. It is the most important fiscal challenge
facing the commonwealth,” Gov. Corbett said. “Pennsylvania families and
taxpayers deserve solutions from their elected officials.”
the governor today were farmer and former Huntingdon County Commissioner Bill
Hoover, his wife Deb, and farmers representing school districts from across the
governor made clear that the current pension reform plan under consideration
will not change benefits for any current state or public school employees, nor
will it change any benefits for retirees.
governor outlined the fiscal strain on the state as a result of the pension
taxes are rising: One
hundred sixty-three school districts requested exemptions to increase
property taxes, 99.4 percent of which cited pension costs as the reason
for the exemption.
costs mean less money for important programs and services: Pension costs are consuming more than 60 cents of every
new dollar of state general fund revenues.
pension debt is growing quickly:
Pennsylvania’s pension costs are approximately $50 billion, and in just
three years, those costs will rise to $65 billion. Each Pennsylvania
taxpayer would need to contribute approximately $13,000 to eliminate the
the pension reform conversation on Twitter at #PensionReformPA.
Owen McEvoy, 717-783-1116