Viewing a single comment thread. View all comments

burritoace t1_j9tbel5 wrote

Reply to comment by tesla3by3 in Tables turn on Allegheny County assessments, as new math favors owners over tax collectors, schools by RadioChris1

It's all abstract which is part of the problem. The 80% is probably too high in some areas and way too low in others. A county-wide CLR doesn't accurately represent the situation and still leaves winners and losers.

2

tesla3by3 t1_j9thptx wrote

Oh I agree 100%. There should be a full reassessment every4-5 years, with an interim update every year based on comparable sales in areas where enough sales occurred. If not enough sales occurred, use a more neighborhood specific version of a CLR

This would even out the burden, and negatively impact long time home owners in areas where values are rising.

So along with this would have to be some changes to the homestead exemption. Maybe increase the reduction based on years you have owned and occupied the home.

1