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Current as of January 01, 2022 | Updated by FindLaw Staff
After any such acquisition, the municipal officers of such county or township, authorized by law as aforesaid, shall, from year to year, at the time of their annual levy of taxes for county, township, or road purposes, certify to the Auditor General the rate of levy of such taxes for the ensuing fiscal year. Thereupon the Auditor General shall ascertain the amount of taxes which would have been collected upon the assessed valuation, certified as hereinbefore provided, at the rate of the levy so certified. Upon the ascertainment of such amount, the same shall be paid by the Commonwealth, from time to time, to the county or township entitled thereto from funds appropriated for such purposes.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 5502. Annual certification of rate of tax levy; payment of amount by which taxes are diminished - last updated January 01, 2022 | https://codes.findlaw.com/pa/title-72-ps-taxation-and-fiscal-affairs/pa-st-sect-72-5502/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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