Tuesday, September 1, 2015

With AVI assessments in the mail, Nutter says it's a 'historic day'

The Actual Value Initiative, or AVI, seeks to fix the city's highly inaccurate tax rolls, which for years have been the scorn of Philadelphians who received unpredictable and often unfair tax bills because of outdated assessments.

With AVI assessments in the mail, Nutter says it's a 'historic day'

0 comments
Mayor Nutter said the unveiling of the new effort against tax deadbeats was not timed to coincide with the release of reassessment data. (Alejandro A. Alvarez / Staff Photographer)
Mayor Nutter said the unveiling of the new effort against tax deadbeats was not timed to coincide with the release of reassessment data. (Alejandro A. Alvarez / Staff Photographer)

As the city began mailing out its assessments of every plot of taxable land in the city on Friday - a major step in executing the new property-tax system slated for next year - Mayor Nutter said it was a “historic day” for Philadelphia.

“The broken system that unfairly undervalued or over-assessed residential, commercial and industrial properties in Philadelphia for decades will now be a thing of the past,” he said. “The old system is dead,” he said at a press conference. “For the first time, our property-tax system will be an accurate reflection of the real value of our properties.”

The Actual Value Initiative, or AVI, seeks to fix the city’s highly inaccurate tax rolls, which for years have been the scorn of Philadelphians who received unpredictable and often unfair tax bills because of outdated assessments.

For two years, city workers have canvassed Philly and reevaluated every plot of land. They determined that the city’s roughly 590,000 taxable properties are worth close to $100 billion in total.

On Friday, the result of their work will start making its way to taxpayers, most of whom should soon receive a notice indicating what the city thinks their land is worth. Residents can appeal the new valuations if they feel the city overshot by filing a complaint with the Office of Property Assessment. Instructions should be included in the mailings.

About 60 percent of residential property owners could be seeing a tax increase under the new system, although most increases will be small. Many commercial property owners, however, could see a decrease because there was less inaccuracy in recent assessments for those plots.

Nutter cautioned residents not to confuse the assessments with their tax bills. City Council must set a tax rate and consider exemptions - including ones to provide relief for homeowners - before actual bills based on the new system can be determined.

The mayor also said that the tax bill for his house, a two-and-a-half story home in Wynnefield, will actually go down, possibly by $460 to $588 depending on what Council decides.

Nutter said he and his wife will donate to the School District's accelerated programs in the amount of the difference in their tax bill.

0 comments
We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
Help us moderate this thread by flagging comments that violate our guidelines.

Comment policy:

Philly.com comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by Philly.com staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Read 0 comments
 
comments powered by Disqus
About this blog
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
 Follow William on Twitter

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
 Follow David on Twitter

PhillyClout Team
Also on Philly.com
letter icon Newsletter