Former Gov. Ed Rendell talked at a 2005 statewide teleconference about $1 billion in property tax relief for Pennsylvanians that would come from legalized slots play. (File/The Patriot-News)File/The Patriot-News
It has been 20 years since then Gov. Ed Rendell promised an annual $1 billion in property tax relief would be coming in a few years — and depending on how you count it, the day may have finally arrived.
Budget Secretary Uri Monson on Monday certified that a record $900 million will be available from the state’s 34% slot machine tax to lower next year’s school property tax bills, or in Philadelphia’s case, the wage tax. That includes projected slots revenue expected to come in through Oct. 15.
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