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Property Tax Reduction Allocations
Special Session Act 1 of 2006As required by law, the Commonwealth’s Budget Secretary certified on April 15, 2024, that $931,000,000 will be available in 2024-2025 for state-funded local tax relief.
The 2024-2025 Homestead/Farmstead assessed value exclusion is $32,792 resulting in a reduction of school property taxes in the amount of $729.62 for approved Homesteads and Farmsteads.
Who will receive tax relief: For property owners to receive tax relief, they would have had to file their Homestead/Farmstead Exclusion Application with the Monroe County Assessment Office prior to March 1st and receive notification that their application was approved.
What happens to property owners who did not apply for the Homestead/Farmstead Exclusion: For those property owners who have not filed their Homestead/Farmstead Exclusion application, we encourage them to do so in order to be eligible for property tax relief. If they apply after the March 1st deadline, and their application is approved, they will not qualify for the current year's property tax relief but will qualify for the subsequent year's tax relief when funding is available.
Homestead/Farmstead Exclusion Application
Mail completed application to:
Monroe County Administrative Center
One Quaker Plaza, Room 102
Stroudsburg PA 18360