Jan. 23 --The board of Pittsburgh Public Schools Board voted Wednesday to increase property taxes by 2 percent to help offset a projected $10 million shortfall in real estate taxes. The increase of 0.19 mills -- from the current 9.65 mills to 9.84 mills -- does not exceed the Act 1 index increase limit set by the state Department of Education , school spokeswoman Ebony Pugh said. The budget shortfall is expected as a result of pending real estate assessment appeals, Pugh said. The board voted last month to approve a 2014 general budget of $529.1 million , an increase of $7.3 million from the 2013 budget. The board also set the Homestead-Farmstead Exemption at $29,131 for 2014. The exemption is the mandated distribution of $15.6 million of state gambling revenue for school property tax relief. Michael Hasch is a staff writer for Trib Total Media . He can be reached at 412-320-7820 or at firstname.lastname@example.org . ___ (c)2014 The Pittsburgh Tribune-Review (Greensburg, Pa.) Visit The Pittsburgh Tribune-Review (Greensburg, Pa.) at www.pittsburghlive.com/x/pittsburghtrib Distributed by MCT Information Services
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