Real Estate Taxes
If you do not receive your tax bill, it is your responsibility as a homeowner to contact your elected tax official. (See "Local Tax Collection Law" section below.) Real estate taxes received paid by August 31 are entitled to a 2% discount. After August 31, all real estate taxes are due payable to your tax collector by October 31 at face value, any payments made after October 31 will incur a 10% penalty (added to face value).
Current Real Estate Tax
Real Estate Tax is the main source of revenue for funding the operation of the
The millage rate for Methacton School District residents is 28.74.
The millage rate is the rate which the Board of School Directors sets for the taxation of the assessment on a property. The assessment value is determined by the Montgomery County Board of Assessments. Your current school district real estate tax can be calculated by taking the millage rate and multiplying it by your property assessment. If you believe that your property is assessed incorrectly, you can contact the Montgomery County Board of Assessments at 610-278-3761.
Interim Real Estate Tax
Interim taxes are levied under Act 544 of 1952 (Section 677.1) on the increase in assessed valuations of local property as a result of construction or improvements to that property during the middle of the school tax year. This tax does not appear on the tax duplicate until the next year when it is added to the total.
Assessment changes are made monthly by the Montgomery County Board of Assessments. You will receive an interim bill once your construction or improvement project has been completed and the assessor has had the opportunity to reassess your property. The time period for payment of your interim bill will vary from your current real estate tax bill depending upon when the change is processed by the County.
Delinquent Real Estate Taxes
Delinquent taxes are those taxes that were not collected during the original tax period in which they were issued with the result being a lien on the property to collect the delinquent taxes. Included here are the applicable interest, penalties, and tax revenue classified as delinquent.
When payments are not received by the December 31st deadline, they are considered delinquent and placed on lien status with the Montgomery County Tax Claim Bureau. Once a property has been sent to lien, all payments are made directly to the Bureau and the school district and tax collectors are no longer involved in the payment process. Residents may call the Tax Claim Bureau for further information at 610-278-1217.
Real Estate Transfer Tax
Transfer tax is levied under Act 511 at the rate of one half of one percent (.5%) of the value on the transferring of real estate or interest in real property situated within the boundaries of the School District.
Individuals with tax related questions or concerns may contact the Business Office at 610-489-5000, ext. 15005 or send e-mail correspondence to email@example.com.