realestate

State College Homeowners to See 35% Real Estate Tax Increase in Budget

State College homeowners face a 35% real‑estate tax hike in next year’s borough budget.

S
tate College residents could see a 35% rise in property taxes under the upcoming borough budget, according to WJAC. Officials say the town must restore a structurally balanced budget, a goal unmet for years. A $300,000 home with a homestead exemption would add roughly $34 monthly. The total projected budget tops $73 million.

State College homeowners face 35% real estate tax hike in budget.