Tuesday, September 2, 2014
Inquirer Daily News

Councilman Seeks To Ease Property Tax Transition

Following the release of "actual value" property tax assessments from the Board of Revision of Taxes to City Council and the Mayor, Councilman Frank DiCicco today plans to introduce legislation that he says could ease the the impact of new tax bills on residents.

Councilman Seeks To Ease Property Tax Transition

Following the release of "actual value" property tax assessments from the Board of Revision of Taxes to City Council and the Mayor, Councilman Frank DiCicco today plans to introduce legislation that he says could ease the the impact of new tax bills on residents.

DiCicco said he wanted to "begin a discussion on addressing what we anticipate could be a significant increase."

There are two measures DiCicco wants the city to look at. One is taxing residents based on a five-year average of their tax bills, which would theoretically ease people into their new tax rates. The other would be to base property taxes on a "floating tax rate" -- meaning the city would determine how much revenue they need from property taxes and set rates accordingly.

Both measures may require state authorization.

Also, in property tax news, Controller Alan Butkovitz is calling on the BRT to publicly release the data they provided to elected officials yesterday.

 

 

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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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Jenny DeHuff is a 2005 graduate of the University of Rhode Island, where she cut her teeth in journalism. A South Philly transplant from New England, she joined the Daily News City Hall Bureau in 2013. For the past several years, she has worked as an investigative reporter exposing corruption in suburban politics, covering sometimes ghastly criminal court cases and following the people’s money and how its spent. In addition to being a dogged news hound, she enjoys reading and writing about travel, animals, Irish whiskey and aviation. E-mail tips to dehuffj@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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