|Derry Township School District|
Millage Rate Calculator
|Assessed Property Value || ||Enter the assessed value of your property. Type over the number presently displayed, which represents the average assessment in Derry Township. Do not include a dollar sign. Also remember to use the assessed value (the taxable worth) of your home, not the market value, which is the projected re-sale price of a building.|
|Millage Rate || ||Enter a millage rate. A 17.9227 mill rate has been adopted for the 2014-2015 year. As points of comparison, you may also way to look at two other millage rates to see what your tax bill would look like if DTSD taxed under different scenarios:|
• 18.14 This would be the current millage rate if DTSD annually opted to impose the maximum allowable tax increase established each year under Act 1. Through conservative budgeting, DTSD has been able to set a lower tax rate than the state index (even freezing the millage rate in 2009-2010). This approach preserves educational excellence while remaining sensitive to the local tax base.
• 19.52 This figure represents the average millage rate of the 12 school districts within Dauphin County this year.. Only four school districts in the county have lower millage rates than DTSD and each of those districts receive a much higher percentage of their revenue from state and federal subsidies. Further, four of those districts impose an Earned Income Tax rate as much as 3.6 times DTSD's EIT rate.
|Annual Cost Per Mill || ||This is what each mill of tax represents on your annual real estate tax bill, based on the assessed value entered above.|
|Your Total Levy|| ||This is the total amount of a real estate tax bill based on the millage rate and assessment entered into the calculataor above.|