Published October 31. 2013 12:00AM
T he state's 2006 plan to use gaming revenue to help offset school taxes, known as the Taxpayer Relief Act, levies a 34 percent tax on slot machine revenues.
This year, school districts are expected to receive about $611.5 million of that money to offset property taxes. The money goes to school districts, and is used to reduce tax bills for property owners enrolled in the homestead/farmstead exclusion program. The average homeowner sees about $200 shaved from her bill.
According to the state Department of Education, school districts received $615.6 million in gaming revenue last year. In 2011-12, it was $612 million; in 2010-11, $616.5 million; in 2009-10: $613 million; and in 2008-09: $612.8 million.
Allentown School District will get $9.6 million ($538 per tax bill); Salisbury, $500,000 ($119 per tax bill); Bethlehem, $4.7 million($180 per tax bill); Easton, $3.3 million ($211 per tax bill); and Saucon Valley, $932,091 ($183 per tax bill).