The Shikellamy School Board set the budget at $34.62 million for 2007-2008. The board levies a variety of taxes to support its programs. Taxes include 62.5 mills real estate tax in 2007. Per capita taxes are $5 per resident. An earned income taxes of one-half of 1 percent of income yields a revenue of approximately $1.8 million. Additionally, the real estate transfer tax of one-half percent (Northumberland Borough, Point Township, Rockefeller Township) and one percent (Snydertown borough) is levied on real estate transfers.