Some residents haven’t received the new 100 percent market valuations of their properties from the city yet and the deadline for asking for a review of a new assessment is March 31. However, a spokesman for Mayor Michael Nutter said last week that property owners will have a month from receipt of their new assessments to ask for reviews of numbers they don’t like.
Michael Wauhop last week got some good news about his property taxes.
Philadelphia Mayor Michael Nutter today proposed a $3.75 billion budget for 2014 and proposed setting the city’s property tax rate at 1.32 percent, which is higher than the 1.25 percent that had been speculated.
The Federal Trade Commission is warning small business owners to be wary of e-mails that say they’re from the FTC.
A Northeast Philadelphia Republican legislator has his own idea of how the state can stop selling booze and still protect the private businesses that already have pieces of that business.
City Council is considering a bill aimed at helping — and prodding — delinquent property taxpayers to start paying their shares of the more than half-billion bucks in back taxes Philadelphia is owed.
State Rep. Kevin Boyle said that among the questions and gripes he has heard about property reassessments were complaints from residents who feel the city has undervalued their homes.
City officials say the Actual Value Initiative’s aim is fairness. The reassessments property owners have been receiving since mid-February are supposed to be what owners would get for their properties if they sold them now.
Senior citizens who meet income requirements can fend off property tax increases by applying for “the senior freeze” by Oct. 14.