Local

Review Process Open To Philadelphia Homeowners Hit By Property Tax Assessment

(Mayor Nutter, with other city officials, stresses the importance of the "Actual Value Initiative."  Credit: Mike Dunn)

(Mayor Nutter, with other city officials, stresses the importance of the “Actual Value Initiative.” Credit: Mike Dunn)

Mike Dunn Mike Dunn
Mike Dunn is City Hall bureau chief for KYW Newsradio 1060. He covers...
Read More

By Mike Dunn

PHILADELPHIA (CBS) – An early appeal may be the first recourse for thousands of Philadelphia homeowners if they take issues with new property assessments that were mailed out by the city Friday (see related story).

“I want to remind everyone that your assessment is not a bill,” said mayor Nutter.

He pointed out that when you get this new property assessment, don’t try to guess next year’s tax bill based on the current tax rate.

Nutter and City Council will settle on a new rate and possibly some degree of buffers for homeowners over the next few months. Only then will you know precisely the hit you’ll take under the new system.

Chief Assessor Richie McKeithen said if you don’t agree with the assessment, ask for a review with the included form.

“Fill out the reason why you feel as though your property is either assessed too high or too low,” McKeithen explained.

But that review can’t be based on ability to pay, only on your belief that the assessment is out of line.

Top Content On CBSPhilly

Follow

Get every new post delivered to your Inbox.

Join 33,992 other followers