How exactly will the reductions work on tax statements?
All eligible and qualified property owners in the district will receive a credit known as a Homestead / Farmstead Exclusion. The exclusion will show up on a tax bill as a separate line item under the original assessed value of the property. The exclusion will then be subtracted from the original value to produce a new net assessment.

To compute taxes due, the district millage, or tax rate, will be applied to the new, reduced value of a property. Therefore, the actual property tax reduction will be the difference between the tax rate applied to the new reduced assessment and the tax rate applied to the unreduced assessment.

Show All Answers

1. Who can apply for property tax relief?
2. How does property tax relief work for “mixed use” properties?
3. Why is it necessary to apply?
4. How and when must property owners apply?
5. How will property owners know when applications are approved?
6. Is there a fee to apply?
7. If an application is denied, is it possible to appeal?
8. How exactly will the reductions work on tax statements?
9. Will it be necessary to re-apply for a homestead/farmstead every year?
10. What is the contact information for the Chester County Homestead Office?