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AVI

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Time Is Running Out To Apply For Program That Allows Homeowners To Defer Portion Of Real Estate Taxes

Low-income Philadelphia homeowners have less than a month left to apply for a program that lets them defer a portion of their real estate taxes.

01/25/2014

(Flanked by other city officials, Mayor Nutter speaks to reporters about the Actual Value Initiative, AVI.  Credit: Mike Dunn)

2013 IN REVIEW: AVI Becomes Reality For Philadelphia Homeowners

The Actual Value Initiative, or “AVI” became the most battled-over program in City Hall during 2013.

12/29/2013

(City officials including Mayor Nutter announce the city's new tax relief program for gentrified properties.  Photo by Mike Dunn)

Philadelphia Launches Property Tax Gentrification Relief Program

It is the second major relief program to result from the new property assessments that were mailed out earlier this year, for tax bills that are due early next year.

12/04/2013

File Photo (Credit: Alex Wong/ Getty Images)

State Senate Approves Tax Measures Sought By Mayor Nutter

Okayed in the State Senate and now heading to the governor were two key measures, sought by the mayor and City Council, stemming from AVI.

11/21/2013

(credit: Pew Charitable Trusts)

Pew Report: Philadelphians Wary About City’s New Property Tax System

A report from the Pew Charitable Trusts says Philadelphians are ‘wary’ about the city’s new “AVI” property tax system.

10/13/2013

(City Council president Darrell Clarke, in Council chambers.  File photo by Steve Tawa)

Controversial, Contentious Budget Was Hallmark of Phila. Council’s Legislative Season

After months of debate, Council president Darrell Clarke says he’s proud of the final version of the Actual Value Initiative that Council has approved.

06/20/2013

(credit: John Ostapkovich)

Council Gives Preliminary Approval To 1.34% Tax Rate

Philadelphia’s controversial new property tax system is now a step closer to reality, following a preliminary vote Wednesday in City Council.

06/06/2013

(credit: John Ostapkovich)

Philadelphia Councilman Calling For Cap On Tax Abatement For New Construction

As City Council struggles with setting a new property tax rate for homeowners, the lawmakers face a related question: whether to modify the long-controversial tax abatement for new construction.

06/01/2013

(The Pennsylvania capitol, in Harrisburg.  File photo)

Measures To Ease Philadelphia’s Transition To AVI Pass In State House

The state House has passed and sent to the Senate a pair of bills that would ease the impact of Mayor Michael Nutter’s initiative to overhaul property taxes in Philadelphia.

05/16/2013

(Philadelphia city controller Alan Butkovitz with Prof. Robert Strauss.  Credit: Paul Kurtz)

Philadelphia Controller Says New Property Assessments Are Even Less Accurate

And tAlan Butkovitz says the administration needs to reassess its reassessments.

05/08/2013

(Credit: Mike Dunn)

Property, Wages, or…? Stakeholders Argue Philadelphia’s Tax Policy

The discussion, titled “Philadelphia Taxes — Past, Present and Future.” was organized by the Pew Charitable Trusts and Temple University’s Center on Regional Politics.

05/03/2013

(Philadelphia city councilman David Oh.  File photo by Mike Dunn)

Councilman Wants To Subpoena Nutter Administration Over Property Revaluations

Councilman at-large David Oh says questions abound over the accuracy of the new assessments, and he says the methodology released last week did not clear up how the new property values were calculated.

05/02/2013

(credit: John Ostapkovich)

Homestead Exemption Application Deadline Extended

City officials have extended the Homestead Exemption application deadline to September 13th.

05/02/2013

(credit: Tim McLaughlin)

City Council Asks OPA To Release AVI Formulas

City Council members are inching closer to getting the nitty-gritty on how the Nutter Administration came up with new assessments for every property in the city.

04/24/2013

(Councilman Wilson Goode Jr., in 2011 file photo.  Image from City of Phila. TV)

Councilman Goode Proposes Changes For Tax Abatement Program

“We’re giving away money (through the abatement) that we don’t necessarily need to give away,” Goode said. “And at the same time, driving up tax bills for everyone else.”

04/24/2013

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