Approved 2021 Budget
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The 2021 approved budget projects total real estate tax revenue of $5,175,772, representing an 89–90% collection rate and a decrease of $1,165,921 from the prior year budget. The budget includes resident taxes of $30,000 (Ordinance 1949, $5 per resident over 21), per capita tax of $175,000 (Ordinance 1933, $10 per resident with income over $5,000), earned income tax of $2,632,000 (split between regular 1% EIT and Act 47 special designation), real estate transfer tax of $275,000 (city's share of 2.5% transfer tax), and local service tax of $345,000. Real estate tax collections are administered by Luzerne County's Agent, Northeast Revenue, with earned income taxes collected by Berkheimer Services.
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More budgets from Hazleton
The Hazleton Area School District's Financial and Single Audit Reports for the fiscal year ended June 30, 2025 present a comprehensive audit of the district's financial statements, including district-wide statements, fund financial statements for governmental, proprietary, and fiduciary funds, and required supplementary information on pension and OPEB (Other Post-Employment Benefits) liabilities. The report includes an independent auditor's assessment of the district's financial position and compliance with federal and state regulations, along with schedules detailing expenditures of federal and state awards and findings related to the audit.
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