City will start mailing AVI assessments to residents on Feb. 15
The city on Feb. 15 will start mailing notices to land owners about what the assessed value of their properties will be under the Nutter administration's new property tax system, which is slated to go into effect next year, officials said Tuesday.
City will start mailing AVI assessments to residents on Feb. 15
Sean Collins Walsh
FILE - In this Dec. 5, 2011 file photo mail is loaded into bins for transport at the Capitol Station, in Springfield, Ill. The U.S. Postal Service is proposing to cut its rates for one of the nation's top direct marketing companies, a move that threatens the newspaper industry's biggest money-maker ( Seth Perlman
)
The city on Feb. 15 will start mailing notices to land owners about what the assessed value of their properties will be under the Nutter administration's new property tax system, which is slated to go into effect next year, officials said Tuesday.
Those assessments will not include what tax bills will be because Council has to approve tax rates, which it is supposed to do by summer time.
Council members will receive information on how the new assessments impact specific neighborhoods within the next eight days, city Finance Director Rob Dubow said Tuesday. That information will become public soon after.
With the Feb. 15 mailing, property owners will also receive information on how to appeal their new assessments to the Office of Property Assessment. The deadline to do so is March 31. If, upon hearing back from OPA, you're still unhappy with the decision, you can appeal to the city Board of Revision of Taxes by Oct. 1. After that, residents will have to take the city to court to change get their assessments changed.
The Actual Value Initiative seeks to fix Philly's problematic property-tax system, which bills thousands of properties based on outdated assessments, by determining the current value of every plot in the city. Nutter has said the purpose is to create a fairer system, not to raise revenue.
The administration also said Tuesday that the total taxable value of properties in Philadelphia, according to the new assessments, has reached $98.5 billion, up incrementally from the past estimate. Under the current system, the total value of the city's taxable land is worth $38 billion.
Only 5,000 properties haven't been assessed yet. Owners of those plots may be notified in a separate mailing later in February or March.
Comments (31)
Dollar to a donut Mayor Mutt will be vacationing in Florida that week.— Wilhelm Von Humboldt- The Northeast will get screwed as usual.— fozziebear
- and of course for those of us with mortgages, we'll never get to see that mailing until our bills go up!— rabbit23
- So it gives you time to sell your house and find an apartment.— JOSEYWALES
- So who is collecting all the property taxes that the deadbeats still haven't paid??? I guess thats those crickets I'm hearing now. The city of Philadelphia is a JOKE !!— TheRealDeal
- Homies will be "My house is Fo hun-ed a month" "I rent this Mo Fo"— bmax
- To all you poor homeowners in Philly, welcome to the new reality. The middle class are being driven from their homes with taxes and ever increasing bills that cannot be paid for. It's a sad day in America. And no, I will not buy your house for even half the price.— neddyflanders
- apparently, your perception of middle class is misguided. How can you be a poor homeowner and middle class? — mmcf1414
- Camden here we come...the city will empty out.— DEBBY1958
- Really? I'll help you move. This Saturday work for you? — jonline
"The administration also said Tuesday that the total taxable value of properties in Philadelphia, according to the new assessments, has reached $98.5 billion, up incrementally from the past estimate. Under the current system, the total value of the city's taxable land is worth $38 billion."
so numb nut nutter wants to triple our property taxes? why am i not surprised he's turned out to be just another tax-and-spend liberal from the '60s and '70s?
keep voting democrat, philadelphia— hannibal barca- think about the words you post: do you really think any politician would attempt to raise the taxes by 3x as their 2x term legacy? I think not. New system= current market value x lesser tax rate than current 9.7%; discussions have indicated 1.3-1.4% new rate. It's a trade off, raise values to what they would be expected to sell for in today's market (rather than a fractional system, 32% of "market value")and lower the rate to offset the market value increase. As others have said, it's going to be revenue neutral with the exception of those neighborhoods that rapidly gentrified over the last decade. — mmcf1414
- This will push middle-class people out of the city. Why pay $4000 in taxes in this city for terrible schools when you can move to the suburbs and actually get something for your tax money?— roguefiftyone
- Say goodbye to the taxpayers. Only people who will stay will be those who've already accounted for the $500 Million in uncollected taxes. You reap what you sow and the years of bloated BPT, Phila. Wage tax, and now our AVI tax increase, will be the final straw that broke the proverbial tax paying camel's back.— Talon1125
- Not especially helpful information w/o the tax rate.— akelsey
- hannibal barca - you're excused for not understanding, even though it sounds as though you went to suburban schools and should know better. Tax rate will be adjusted way down, supposedly to the 1.3-1.4% range while it is now over 9.5% I think. Nobody's taxes should triple except those who were drastically under-assessed for years.— philorchphilsphan
- Do you think with the new assessment of taxable properties jumping from 38 to 98 billion dollars that most peoples' property taxes will drop 80%? You don't have to be an economics major to figure out that your scenario will not happen. Nutter even said that the reassessment wasn't to raise revenue, but to make things more fair. Fair for who? Certainly not the people stuck paying the bill- only the unemployed voting contingency who put the democrats in office. Property owners, expect your taxes to skyrocket. Secondly, it was 9.5% before the PSD announced their 600 million dollar deficit, I believe. Not sure, but didn't the city tack on another 3.5% to property owners to make up for that disaster? I bought my first home in Oklahoma in 2012, and property tax is 1%. 9-13% is outrageous, no matter where you live.
— kjuggs77 - correct — mmcf1414
- The only way to get "actual value" assessments is to actually sell a property for some actual value: in other words, measure property values by what you can sell them for in the market - nothing new. It is amazing how this AVI results in residents having to pay more and more for a place that keeps getting more dangerous and ghetto. All of this while 40% of the whole city is vacant. The AVI might actually be way off the actual value.— freemarkets
- Does anyone seriously think the politicians are going to let this be fair? I bailed due to lack of services, horrid crime, and outrageous wage and property taxes. Philly has already lost people that'll never come back and damned few are going to want to move there unless they're coming from something worse and *have no choice*. So the more likely outcome and reason for the tax "re-evaluation" is to make up for all the lost revenue somehow.
So how will it shake out? It's quite likely that worthless properties will see a cut, while somewhat more desirable properties will see a hefty jump. From 38 billion to 98 billion is about 2.5 times the amount, so it's not going to be made up from large businesses who will move. My guess is the residences downtown and eastern side of the city will be getting the brunt of this with large "favors" on certain properties of connected people.— CujoDeSoque - Nutter is not the answer!— Chief_Negotiator
- Looks like the Democrats that all U middle class folk vote for year in and out,and say they're not gonna raise ur taxes are raising ur taxes, U should be enjoying it U voted for it.— Faadoogled
- New rule then, you can only sell your house for its current assessment. So that 3 bedroom row home you have in Northern Liberties is only worth 90 thousand dollars. Whats that crying I hear? Oh, you want to be able to sell your house for more than its being taxed.
For real though, people should probably pay a little more in property taxes, but nothing drastic. People who make money in this city don't actually get anything from their tax money. It has to be kept artificially low, but raise a little. Property taxes in the burbs are out-frickin-rageous, but they get good schools etc. I'm thinking about 1 percent of value as fair.— Capsulef - laughable, wage tax, biz priv tax, net profit, gross profit, now HUGE increase in property tax, Nutbag special, who in their right mind will pay these taxes when they can move to burbs for the same amount yet go to good schools, not have to deal with the BROTHERS AND SISTERS who run the city, not have to deal with the crime, the shootings,
— coolbreeze - The city is screwing the middle class while actually cutting taxes to on blight properties to $100 a year. A little gift to the dependent class from the Democrat machine. Paid for by new residents who invested in the city over the last 15 years.
City council actually prefers more blight, less investment, fewer taxpayers. In short, more dumb Democrats. The AVI "homestead" exemption with a $100 minimum tax is the policy to help keep philly poor and stupid.— samac - what does the value of the house have to do with the tax. They get the same services, same bad schools, same trash pickup. I am working at a house down town, they paid $400K,taxes are 1900. It's a box with no parking , you can just about get a van down the street. Now tax will be $5,000. What a joke. Fishtown, Port Richmond, you think they have an extra 2500 a year. It will kill most people living pay to pay. Home values will crash. You think people are under water now. People will just walk away, I know atleast 3 Cops that have done it, and they have good jobs.— BushisGood
- CA- CHING !— eddiot
- the city is assessing at the absolute ebb of property value prices are way down everyone's going to appeal it going to end up in the state supreme court costing more tax dollars if the city is successful many will move out prices will again dip residence can the ask to be reassessed and surprise tax revenue goes down the only way to make sense of an avi would be to fix the assessment at the time of sale— donatoplepore
- I wonder if all the corporations (like comcast) will be getting an AVI bill? Oh, I forgot, their bills will be reduced (if comcast paid anything at all) so that the middle class will pay for them. Nutter does what the corporate world tells him to do.— wiredalot
- somebody has to pay for shaka zulu's charter schoool, of which he pockets ten percetn of our tax dollars, someone has to pay for councilwoman browns stealing of money, ans somebody has to pay to keep her house out of foreclosure, somebody has to pay for the utter waste of space that is called city hall, somebody has to pay for all the busineeses that wont step foot in philly, and the businesses that leave the city bc of tax structures,
so the city taxes the exisitng tax base!!!!! genius know we all have an excuse to leave— coolbreeze - Tired of incompetence in city hall? Get rid of the corrupt ones 1st! Start with Council woman Blondell Reynolds Brown. Start the recall now: www.recallblondellreynoldsbrown.org— SPENDSPEND
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Chris Brennan, a native Philadelphian and graduate of Temple University, joined the Daily News in 1999. He has written about SEPTA, the Philadelphia School District, the legalization of casino gambling, state government, the mayor, the governor, City Council and political campaigns. E-mail tips to brennac@phillynews.com
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David Gambacorta spent a small eternity writing about cops, drug dealers and serial killers. Now he’s writing about power and politics – which sometimes reminds him of the old crime beat. He joined the Daily News in 2005. And yes, he knows you’re not quite sure how to pronounce his last name. E-mail tips to gambacd@phillynews.com
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Jan Ransom, a native New Yorker, joined the Daily News in 2010 after graduating from Howard University. She has since written about the difficulty of filing police complaints, tax deadbeats and life after violent home invasions. She joined the Daily News City Hall Bureau in 2011 and has plunged headfirst into reporting on administration budget battles and City Council shenanigans. E-mail tips to ransomj@phillynews.com
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Sean Collins Walsh is from Bucks County and went to Northwestern University. He joined the Daily News copy desk in 2012 and now covers the Nutter administration. Before that, he interned at papers including The New York Times, The Dallas Morning News and The Seattle Times. E-mail tips to walshSE@phillynews.com
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Follow Chris on Twitter
David Gambacorta spent a small eternity writing about cops, drug dealers and serial killers. Now he’s writing about power and politics – which sometimes reminds him of the old crime beat. He joined the Daily News in 2005. And yes, he knows you’re not quite sure how to pronounce his last name. E-mail tips to gambacd@phillynews.com
Follow Dave on Twitter.
Jan Ransom, a native New Yorker, joined the Daily News in 2010 after graduating from Howard University. She has since written about the difficulty of filing police complaints, tax deadbeats and life after violent home invasions. She joined the Daily News City Hall Bureau in 2011 and has plunged headfirst into reporting on administration budget battles and City Council shenanigans. E-mail tips to ransomj@phillynews.com
Follow Jan on Twitter
Sean Collins Walsh is from Bucks County and went to Northwestern University. He joined the Daily News copy desk in 2012 and now covers the Nutter administration. Before that, he interned at papers including The New York Times, The Dallas Morning News and The Seattle Times. E-mail tips to walshSE@phillynews.com
Follow Sean on Twitter
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