Philadelphia Property Taxes
In recent days both city controller Alan Butkovitz and councilman Mark Squilla have claimed that inaccuracies in the AVI assessments exceed the industry-accepted margin of error. But Mayor Nutter begs to differ.
Second District councilman Kenyatta Johnson says his district is among those that will be hardest hit by the move to the so-called Actual Value Initiative (“AVI”).
If you have questions about the assessment, you can call the Office of Property Assessment at 215-686-9200, or go to phila.gov/opa.
The Nutter Administration is mailing out more than 500,000 assessments to property owners — the first wholesale remaking of property values in Philadelphia in many years.
Sources tell KYW Newsradio that at the meeting, the total value of all city properties was put at just under $100-billion.
With Philadelphia’s property tax overhaul apparently on hold for a year, the state House has advanced legislation that would protect tax revenues for the city and school district in the interim.
The mayor concedes that some of the Philadelphia school cuts will be difficult but says the district’s future requires “shared sacrifice.”
The ruling could cost the city and the school district millions of dollars.
Philadelphia property owners, residential and commercial, brace yourself: Mayor Nutter is unveiling a new budget while laying out a plan that will mean higher property taxes for many.
Property tax bills in Philadelphia use 32-percent, but the state says Philadelphia’s ratio should be much lower — 18.1 percent. The city is asking the state to reconsider.
“We don’t set the market, new chief assessment officer Richie McKeithen says. “We just follow the activity that occurs.”
A Philadelphia Common Pleas Court judge has granted a union request to force schools superintendent Arlene Ackerman to rescind 1,500 teacher layoffs for the time being.
Philadelphia Mayor Michael Nutter is proposing a tax on soda and other sugary drinks as he and City Council continue trying to help bail out the cash-starved Philadelphia school district.
Mayor Michael Nutter is looking to revive his failed plan to tax sodas, and to raise property taxes and rates for on-street parking, in order to help bail out the School District of Philadelphia from a deficit topping $600 million.
The long-running confusion over the city’s system of assessing property values was again front and center as City Council began its review of the mayor’s budget. The question: what happens when the latest tax hike gets rolled back?