Fiscal Note

HB 462 — Fiscal Note/Fee Impact

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Mentions of “Revenue” — 3 found

… ool district may not use different rates for residential and non- residential properties. 3. The loss of local school revenue can be estimated by multiplying the reduction of the non- residential property tax rate by the assessed value of non-r …

… f non-residential properties within each district. District Non-Residential Rate Reduction Loss of Local School Revenue Appoquinimink School District 0.086 $1,677,473 Christina School District 0.072 $6,081,399 New Castle Vocational- T …

… in constant through Fiscal Year 2029 as the next reassessment is not required until 2030. Cost: Loss of Local School Revenue Fiscal Year 2027: $13,343,276 Fiscal Year 2028: $13,343,276 Fiscal Year 2029: $13,343,276 Prepared by Russell Ames …

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