Tax Benefits for the Pocono School District

Total annual revenues will be up to $24,031,590 less service costs estimated at $939,631, resulting in an annual surplus of approximately $23,091,959 plus one-time revenue of $1,401,275.

A breakdown of the Pocono School district summary of Estimated Revenues is as follows:

• Annual Estimated Total Real Estate revenue…………….$23,675,152
• Annual total Earned Income Tax (EIT)………………..$269,594
• Annual Estimated Recurring Real Estate Transfer Tax Revenue……………$86,844

Annual Estimated Revenues…..$24,031,590

• One-Time Construction Employee Earned Income Tax (EIT)…….$18,900
• One/First-Time Real Estate Transfer Tax………………………..$160,650
• One/First-Time Estimated Real Estate Transfer Tax……………..$1,240,625

One-Time Estimated Revenues…………$1,401,275

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