Saying he needed to "restore trust" in the Board of Revision of Taxes, Mayor Nutter today called on the seven BRT board members to voluntarily resign their positions.
Nutter said he had personally spoken to board Chairwoman Charlesretta Meade about the request. "She listened very attentively," he said. But he added "I do not know at the moment what any one of the members may or may not do."
Nutter also announced that he is sending two pieces of legislation to City Council that would impact the BRT's finances. The first ordinance would strip BRT board members of their salaries. The second would move the BRT funding from the agency to the city Finance Director.
"The time for change has arrived," said Nutter, who said these steps were just the beginning of his moves to reform the BRT. He repeated that he plans to work with City Council to overhaul or dispand the agency.
An Inquirer series this week has raised questions about the management of the BRT and the accuracy of assessments. The agency last week provided the mayor with a new set of “actual value” property assessments, but it isn’t clear when these assessments will take effect.
The city currently uses a "fractional" system, assessing Philadelphia's 450,000 residential and 125,000 commercial properties at 32 percent of their value and then applying a tax rate. In the actual-value system, approved by the BRT in July, properties will be assessed at 100 percent of their value but taxed at a lower rate.
Nutter's five-year financial plan, designed to close a $1.4 billion deficit, calls for a two-year increase in the city's property-tax rate: a 19 percent increase on July 1 and a 14.5 percent increase in July 2010.
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