With the reassessment of property values due to the Actual Value Initiative, some lifelong residents are seeing their property taxes go up. Several assessments have tripled the property value, and some residents are worried they [continue reading…]
With the Actual Value Initiative (AVI) raising property taxes throughout the city, many Philadelphia homeowners are wondering exactly why and how this is happening. The main goal of AVI was supposed to be a reassessment [continue reading…]
One possibility that City Council is considering is the gradual application of the property tax reassessments throughout the course of three years. A bill proposed by Councilman Mark Squilla of the 1st District would do [continue reading…]
The primary election for the city’s chief financial auditor is May 21. There are two candidates on the forefront of AVI. Incumbent Alan Butkowtiz said his office believes that there are more errors with property [continue reading…]
Residents of University City discuss their projected tax increases and how it will affect their political positions. [continue reading…]
Residents throughout Graduate Hospital have expressed concern about the lack of fairness and accuracy in property value reassessments under AVI, regardless of how long they have resided in the neighborhood. “I was born and raised [continue reading…]
University City is projected to see some of the most dramatic property tax increases in the city under Actual Value Initiative. For the University City District, it isn’t exactly clear what the overall effects of [continue reading…]
In order to protect low-income senior citizens from increases in their property value and the tax rate, the city provides an application to freeze property tax at its current level. But not all citizens who [continue reading…]
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 [continue reading…]
When Charles Burke, a junior architecture major at Penn University, first heard about the Actual Value Initiative – the reassessment of every property in the city of Philadelphia done with the intention of rooting the [continue reading…]
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