Property

Property owners in West Oak Lane said the city’s recent property evaluations have left them with financial stress. The reassessments are part of the Actual Value Initiative. This will result in a property tax hike for

https://vimeo.com/60753734] Many people are concerned about the re-evaluation of all 579,000 properties in Philadelphia, including those that are tax exempt, with some questioning whether the benefits of nonprofit tax exemptions and residential tax abatements outweigh