Philadelphia’s chief real estate assessor says that large-scale annual reassessments will become the norm in years to come now that the Actual Value Initiative for property taxes is fully implemented.
So how much more will it cost you to live or do business in Philadelphia in the next fiscal year? Almost 10 percent more, according to Mayor Michael Nutter’s final city budget.
Marvin Lewis was one of the lucky ones, or, so he thought. The Fairfield Street resident in November was informed that the assessment on his home would be knocked down almost $14,000.
On Monday, Chris Artur got a letter from the Board of Revision of Taxes that made him laugh.
Taylor's take on the Philadelphia land bank.
Realtor Chris Artur is appealing the new values the city this year put on properties he owns on Levick Street and Frankford Avenue.
If you’re going to appeal your property’s new city assessment, you don’t have much time left to do it.
Homeowners who asked the city to lower their new property assessments should start checking their mailboxes and calendars.
City tax revenues rose $200 million during the fiscal year that just ended, the city controller said Monday.