If you're still trying to figure out what will happen under Mayor Nutter's proposed property tax overhaul -- known as the Actual Value Initiative (AVI) -- this is a helpful tool. The folks at the Philadelphia Public Interest Information Network have taken recent property sales data and applied the possible AVI tax rate to those homes to show where bills may be heading.
As we've reported, many of the more recently gentrified neighborhoods like Northern Liberties, Bella Vista and Graduate Hospital could see major increases under a tax system based on accurate market values and this map bears that out. We should stress that the tax rate for AVI has not yet been set.
For now, it looks like City Council wants to delay AVI until the 2013-14 fiscal year.
Here's a link to the PPIN map.