Mayor Nutter's Next City Budget Will Include 9% Property Tax HikeKYW Newsradio has learned that Mayor Nutter will propose a hefty increase in city property taxes in order to give the cash-starved Philadelphia School District an extra $100 million.
Low-Income Advocates Urge City Flexibility on New Property Tax ProgramsJennifer Schultz, of Community Legal Services of Philadelphia, testified that the new assessment system known as "AVI" (Actual Value Initiative) left many homeowners confused and scared.
City Council Looks To Change LOOP ProgramCity Council will take a look at extending exemptions for longtime Philadelphia residents whose property taxes jumped tremendously under last year's reassessments.
Phila. Councilman Wants Annual Salaries For Tax Board Members Restored"We need the BRT right now," Councilman Mark Squilla says. "We need them to have these hearings. We need them to make sure they're fair and as soon as possible."
Philadelphia Launches Property Tax Gentrification Relief ProgramIt 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.
City Council Presses Nutter To Sell Property Tax Liens To Collection AgenciesThe sponsor of the measure, Councilman Bill Green, says selling tax liens on foreclosed properties would bring millions to the school district that the city otherwise would never see.
City Hall Warns Property Owners of Delays in Assessment ReviewsThe initial reviews of about 25,000 property assessments won't be completed before the deadline to file a formal appeal, so the city is urging property owners to proceed without waiting.
Phila. Councilman Revamps His Ten-Year Tax Abatement Overhaul ProposalCouncilman Wilson Goode, who had originally proposed reducing the abatement slightly, is now pushing a plan to scale back the abatement more drastically.
Controversial, Contentious Budget Was Hallmark of Phila. Council's Legislative SeasonAfter months of debate, Council president Darrell Clarke says he's proud of the final version of the Actual Value Initiative that Council has approved.
Nutter Proposes $95M Additional Funding For Philadelphia SchoolsThe city plans to increase taxes on smokers and drinkers, and redouble its collection efforts on property taxes.
Philadelphia Controller Says New Property Assessments Are Even Less AccurateAnd tAlan Butkovitz says the administration needs to reassess its reassessments.