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Home / State Revenue / PDE account 7340

State Property Tax Reduction Allocation

$2,311,259

2026-2027

Revenue received from the Commonwealth of PA designated for school district property tax reduction. Payments are made in accordance with section 505 of Special Session Act 1 of 2006. Funding source - 204

Change over time

Adopted general fund amounts from published PASD budgets

2021-2022

↑ 0.9% from prior year

$1,411,635

2022-2023

↑ 20.0% from prior year

$1,693,389

2023-2024

↓ 2.7% from prior year

$1,647,412

2024-2025

↑ 24.8% from prior year

$2,056,714

2025-2026

↑ 13.6% from prior year

$2,336,389

2026-2027

↓ 1.1% from prior year

$2,311,259

Budget trend

Year-over-year adopted amounts. Hover a bar to read change notes.

Year-by-year detail

Fiscal year Amount Change Since 17-18 Note
2017-2018 $1,306,945 +0.0%
2018-2019 $1,329,119 +1.7% +1.7%
2019-2020 $1,381,316 +3.9% +5.7%
2020-2021 $1,398,450 +1.2% +7.0%
2021-2022 $1,411,635 +0.9% +8.0%
2022-2023 $1,693,389 +20.0% +29.6%
2023-2024 $1,647,412 -2.7% +26.1%
2024-2025 $2,056,714 +24.8% +57.4%
2025-2026 $2,336,389 +13.6% +78.8%
2026-2027 $2,311,259 -1.1% +76.8%