A package of bills designed to reduce the sticker shock associated with the overhaul of Philadelphia’s property tax structure has cleared a state House committee.
Mayor Nutter wants to get the schools an extra $60 million, but after two years of property tax hikes, he is clearly hesitant to go in that direction again.
Officials had expected about 30,000 requests of first level reviews. The Nutter Administration’s spin on the lower tally: many people are on board with their new value.
Dozens of residents filed into the auditorium at Neumann-Goretti High School in South Philadelphia to have some of their AVI questions answered at a public outreach session.
Tonight brings two meetings — the first of dozens expected this month — staged by the Nutter Administration to reach residents who are confused or upset by their new property assessments.
Sixty-seven-year-old Charles Sherd has lived in his home on Cantrell Street in South Philadelphia for more than 35 years.
City officials insist that the phones have not exactly been ringing off the hook in response to the new property assessments that appeared in the mail last week.
Aides to the mayor were in the hot seat Wednesday as city council members grilled them over the controversial new property assessments that have some residents fuming.
Northern Liberties and the Graduate Hospital area are among the neighborhoods likely to be hardest hit by the city’s new property tax system.
One week from tomorrow, new property assessments for all Philadelphia homeowners get mailed out. In advance of that, the Nutter Administration on Wednesday briefed Council members on the numbers — at least some of them.
Two weeks before Philadelphia homeowners are due to receive updated property assessments, Mayor Michael Nutter has announced new efforts to crack down on those who avoid paying their property taxes.
Katz voiced concern that sticker shock could be in store for young families who bought in to gentrifying neighborhoods. “And if en masse large numbers of them put ‘For Sale’ signs out, it’s going to drive the value of housing down,” Katz said.
Also looming is the continued financial woes of the school district, and the debate over the planned closure of 37 school buildings.
Last week the mayor gave out just the first assessment figure: $96.5 billion, the new total value of all properties in the City of Philadelphia.
One day after briefing city council on the overhaul of Philadelphia’s property tax system, Mayor Nutter said the change will not be used to increase total revenues overall. But he readily admits some individual homeowners will end up paying more.