Home   |    Employment Opportunities   |    Projects   |    Smart Growth Quiz   |    Search:    
Local
E-News Signup


Route 30 Master Plan


Home > News > Local News
Local News

<< Back

Local Real Property Tax Base and Marcellus Shale: 2007 to 2009

Date: 3/16/2012

by Timothy W. Kelsey, Riley Adams, and Scott Milchak


Over the past few years, Marcellus shale has been generating a great amount of interest throughout Pennsylvania. Marcellus shale development is still in the initial stages of growth, and many questions about its economic implications have surfaced. There has been much discussion about the impact of gas development on local tax collections, and local officials so far generally are not reporting large increases in revenue due to the activity (Jacobson and Kelsey, 2011; and Kelsey and Ward, 2011).


Directly examining the impact of Marcellus activity on the local real property tax base and on aggregate market values at the local level can provide another perspective on the local fiscal impacts of gas development. If the local tax base is increasing due to gas development, local real property tax collections will increase with no change in tax rates, giving local governments and school districts more dollars to manage impacts of Marcellus shale development.


For more see --


http://aers.psu.edu/research/centers/cecd/publications 



(direct link is: http://aers.psu.edu/research/centers/cecd/publications/marcellus/real-property-tax-base-market-values-and-marcellus-shale-2007-to-2009/at%5Fdownload/file )



 

Web Design by Nauticom Internet Services, Pittsburgh PA
Copyright by SGPWC, any reproduction is prohibited