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
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Value Initiative seeks to fix Philly's problematic property-tax system, which bills thousands of properties based on outdated assessments, by determining the current value of every plot in the city.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.
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
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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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