Two weeks ago we wrote about the plans of the City of Altoona to increase its real estate tax for the 2017 budget year. That increase might go to the maximum allowed under Act 93 of 2010, which stipulates the guidelines for tax increases following a countywide reassessment. Altoona is located in Blair County, which last reassessed in 1958.
The County government itself announced the possibility that it too might increase its real estate tax rate up to the maximum 10% following the establishment of a revenue neutral millage rate. Based on comments made in an article on the proposed tax increase, the revenue from the hike would be going toward the county’s pensions. And based on the County’s data on tax rates, the millage rate for County purposes has been on quite a rollercoaster ride in the past five years.