Tuesday, May 21, 2013
Tuesday, May 21, 2013

State lawmakers crash property-tax party

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State lawmakers crash property-tax party

POSTED: Tuesday, June 5, 2012, 3:25 PM
A party! (AP)

The last two years, when the city debated property tax hikes, state lawmakers from the Philadelphia area were not major players. But this year, as the mayor and Council consider a property tax reassessment — and the possibility of collecting $94 million from taxpayers for the School District — state lawmakers are all up in the city's business. Four different lawmakers have sought to stop the city from collecting more in property taxes after the reassessment.

One of those lawmakers, state Sen. Larry Farnese, withdrew his proposal to require the city to vote on the reassessment and sending more money to the School District separately, because City Council agreed to do so regardless.

Still, Harrisburg lawmakers have very much crashed the city's property tax party this year. What gives? Listen to this week's It's Our Money podcast to find out.

Holly Otterbein and Doron Taussig @ 3:25 PM  Permalink | Post a comment
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Every year, city government spends slightly more than $4 billion. Where does all that money come from? More importantly, where does it go? Are we getting the most bang for our tax buck? “It's Our Money” is a joint project between Philadelphia Daily News and WHYY, funded by the William Penn Foundation, designed to answer these questions.

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