Midland County district aims to improve property tax returns for retirees

The Mifflin County School District (MCSD) held a budget meeting on April 15, 2025, focusing on various financial aspects affecting the district's revenue and expenditures. The meeting began with a discussion on property tax relief programs available for retired individuals, emphasizing that applications for these programs are due by June 30. Participants noted that retirees can claim 50% of their Social Security income and still earn up to $46,000, providing a significant opportunity for tax relief.

The meeting then shifted to a review of the district's real estate tax history, highlighting a steady decline in local revenue due to increased state funding. The discussion included a detailed analysis of earned income tax, which has shown significant growth, reflecting an improving local economy in Midland County. This positive trend was contrasted with the real estate transfer tax, which has plateaued since early 2022 due to limited housing inventory despite decreasing interest rates.

A concerning point raised was the outstanding delinquent real estate taxes, which currently total approximately $2 million. The district typically collects around $1.5 million annually, indicating a need for improved collection strategies.

Interest income was another focal point, with a notable increase in 2022, generating over $2 million. However, as interest rates decline, the district anticipates a reduction in this revenue stream. The meeting concluded with a review of overall revenue trends, indicating that while local revenue remains stable, it is not experiencing significant growth. The district's reliance on fundraising for projects, such as the stadium, was also discussed, with projections indicating a contribution of $2.1 million from fundraising efforts.

Overall, the meeting underscored the challenges and opportunities facing the MCSD as it navigates its budget for the upcoming year, with a clear emphasis on the need for strategic financial planning to address stagnant local revenue and outstanding tax collections.