To obtain more information about this tax, call the Tax Office. Real Estate Taxes Real estate taxes are based on the assessed value of your property, as determined by the Centre County Board of Assessment. The County, School District and Borough each levy taxes on real estate. Borough and School District real estate taxes are paid to the State College Borough Tax Office. If payment is made within the first two months after the billing date, a 2 percent discount is allowed.
Payments made during the following two months are due at face value.
A 10 percent penalty is assessed on payments made more than four months after the billing date. Tax bills are mailed to the last known address of the property owner. Failure to receive a tax bill does not relieve the taxpayer of responsibility for paying taxes on time. If you have other questions regarding the real estate tax, contact the Tax Office in the State College Municipal Building. You may be one of the many property owners who pay their real estate taxes through your mortgage payment.