Tioga County Tax Abatement Program
Tax Abatement Activity I Participating Municipalities I Tax Abatement Application I Procedures Packet Form
Participating Taxing Bodies I Fact Sheet
Objectives & General Information
On May 10, 2005 the Tioga County Commissioners adopted Ordinance 2005-01, "Tioga County Preferential Tax Assessment Plan". This new five (5) year abatement program was developed to assist industries and businesses locating or expanding in Tioga County. The Plan is structured to reduce the real estate taxes based on only three (3) conditions:
1) On New Building Construction; and/or
2) Major Restoration to Existing Real Estate which will Result in an Increased Real Estate Assessment.
3) Municipalities must designate the area where Tax Abatement applies. See adopted ordinances for municipalities and
Application must be made before the Tioga County Commissioners and the participating municipality and school district for each individual development project. The Tioga County Development Corporation encourages companies to utilize the Tioga County Preferential Tax Assessment Plan and is available to assist you in securing the benefits of the Program. TCDC administers the Tax Abatement Program and initial contact should be with TCDC.
The Program extends to the municipality and school district in which the project is located. (See Participating Municipalities above). Approval of each of these taxing bodies is required.
For Tioga County Participation
A request in writing to the Tioga County Commissioners (Tioga County Courthouse, 118 Main Street, Wellsboro, Pennsylvania 16901) must be completed to be approved to participate in the Program. Your written request should include: Company name, address, nature of your capital development project, application and the formal request.
For Borough/Township Participation
Request in writing to the Municipality in which your project is located. Provide the same information submitted to the County and include a copy of the letter to the Commissioners and the School District (if available).
For School District Participation
Request in writing to the School District in which your project is located. Provide the same information submitted to the County and include a copy of the letter to the Commissioners and the Municipality (if available).
The Program extends to the municipality and school district in which each project is located. Each taxing body must individually approve the abatement for it to apply in their jurisdiction. The Abatement will take effect in those taxing bodies that approve the project. The Municipality and/or the School District may have other provisions which they require for participation. You should contact them directly.
The Tioga County Tax Preferential Five (5) Year Plan applies to the following percentages:
Year 1 90% Reduction Collection of 10% of R/E Tax
Year 2 80% Reduction Collection of 20% of R/E Tax
Year 3 60% Reduction Collection of 40% of R/E Tax
Year 4 40% Reduction Collection of 60% of R/E Tax
Year 5 20% Reduction Collection of 80% of R/E Tax
Year 6 Full Assessment Collection of 100% of R/E Tax