Now that AVI dust is settling, the mass hysteria is dying down as owners of Philadelphia Real Estate realize that some people’s taxes have gone up, while others have gone down. Property owners also are beginning to recognize that 1) a millage rate still must be determined and 2) City Council has all of 2013 to remedy inequities caused by the implementation of the AVI. The intention, by all accounts, is for the AVI to be revenue neutral in 2014.
Here are some of the newest links pertaining to the AVI. It’s very important that this information is distributed so property owners are informed with actual facts and data.
What AVI teaches Philly taxpayers:
Philadelphia real estate agents nervously await the effect of new property assessments: http://www.philly.com/philly/news/homepage/20130220_Philadelphia_real_estate_agents_nervously_await_the_effect_of_new_property_assessments.html
AVI Tax Changes By Neighborhood
Tax Changes From AVI