Tuesday, January 27, 2015

Study: Philadelphia's property tax overhaul effort is rare

The Pew Charitable Trusts Philadelphia Research Initiative issued a report today that evaluates the city's property tax system and its eventual overhaul also known as the Actual Value Initiative (AVI).

Study: Philadelphia's property tax overhaul effort is rare

A view of the city´s Delaware River waterfront. (Jonathan Wilson / File Photo)
A view of the city's Delaware River waterfront. (Jonathan Wilson / File Photo)

The Pew Charitable Trusts Philadelphia Research Initiative issued a report today that evaluates the city’s property tax system and its eventual overhaul also known as the Actual Value Initiative (AVI).

City Council is expected to move forward with Mayor Nutter’s proposal to shift to a property tax system based on market values next year. Council decided in the spring to delay AVI for a year after members became increasingly concerned about data from the administration that continued to change.

The report titled, The Actual Value Initiative: Overhauling Property Taxes in Philadelphia describes the city’s property tax reform effort as unique and unlike any task taken by any other city –in the absence of state mandates and court orders. It also compares the city's property tax system to several cities including Baltimore, Pittsburgh, Washington D.C. and Boston.

The report does not speculate on what the new tax rate could be or what neighborhoods would see huge tax increases or decreases.

Pennsylvania is one of nine states that do not impose reassessment timetables or methods of assessment on local governments, the report states. The report explains some of the difficulties the city faces in establishing a new property tax system including the state's uniformity clause which requires that all types of properties be taxed at the same level. 

For more check out the report here.

 

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William Bender, a Drexel graduate who landed at the Daily News in 2007, has covered everything from South Philly mobsters to doomsday hucksters. He occasionally writes about local food trucks and always eats everything on his plate, whether it be a bloody rib eye or a corrupt politician. E-mail tips to benderw@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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David Gambacorta, has been a reporter with the Daily News since 2005, covering crime, police corruption and all of the other bizarre things that happen in Philadelphia. Now he’s covering the 2015 mayor’s race, because he enjoys a good circus just as much as the next guy. He’s always looking to get a cup of coffee. Send news tips and other musings on life to gambacd@phillynews.com
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