WHEREAS the Neshaminy School District has provided a local Tax Assistance Program for senior citizens since 1977; and

WHEREAS the District funding for this program has increased nine times since its inception, including increases in both rebate amounts and income levels which determine eligibility; and

WHEREAS, since 1977, the District has distributed more than $2.6 million to qualifying senior citizens in our community; and

WHEREAS the District continues to be concerned with the increased burden on senior citizens caused by escalating real estate taxes; and

WHEREAS the District recognizes that a number of senior citizens have become ineligible due to small increases in social security income over a number of recent years;

NOW, THEREFORE, BE IT RESOLVED that the Neshaminy Board of School Directors hereby approves the modification of the Neshaminy Senior Citizens Tax Assistance Program so as to increase the maximum income eligibilty from $19,999 to $24,999 and incorporate the following chart for tax rebate purposes: