Confused about the new property tax system? Curious about how your property taxes or rent will be affected by the Actual Value Initiative (AVI)? There’s a good opportunity to learn more and have some of your questions answered at a neighborhood meeting on the property tax overhaul that will take place this Wednesday, March 13, at 7 p.m. at the Griffith Hall of the University of the Sciences (Woodland Ave & 43rd St). The meeting is organized by Cedar Park Neighbors, Garden Court Community Association, Spruce Hill Community Association, Walnut Hill Community Association, and Woodland Terrace Homeowners Association.
The meeting will include: a representative from the Office of Property Assessment (OPA), Councilwoman Jannie Blackwell’s Office, Dr. Kevin Gillen, Economist, University of Pennsylvania, Patrick Kerkstra, journalist, moderator.
The AVI was devised as a way to make the tax burden more fair citywide: Some residents’ property taxes are going up, others are coming down. The initiative included a mass reassessment of the city’s building stock.