Thursday, November 05, 2009

what next

Methinks Judge Wettick was at least waiting for the election to be done with before poking at assessments..  If so keep an eye out for his ruling on how to implement his ruling on a new assessment for Allegheny County.

update:  speaking of Judge W...  check out one Mr. Bill Maro who appears to have submitted and had printed the virtually same letter to the editor in both the PG and Trib today.

Casino watch update...  a tick up in revenues per machine last week, but still way below expectations.  Not sure why there isn't more angst over the fact that Ohio approved its own casino referendum on Tuesday.  I wonder how that may impact casino revenues here? Both Indiana and Michigan expect to see their gaming revenue go down as a result of the new Ohio casinos....  Maybe Pennsylvania will be an exception?


Blogger Tacitus said...

"Maybe Pennsylvania will be an exception?"

What evidence is there to suggest The River's revenue wouldn't decrease (even further) as a result of Ohio's referendum?

Remember also that The Rivers isn't exactly AC where droves of the elderly (used to) pile onto buses to gamble.

Here's a question to the economist: Do planners account for the possibility of other cities/states legalizing gambling?

Thursday, November 05, 2009 12:04:00 PM  
Anonymous Mermaid said...

Weren't millage rates adjusted during the last re-assessment? I remember that my home's assessment went up quite a bit, but my tax bill rose only moderately because the millage dropped. I don't have my tax returns for that year on hand to verify, though. I also don't think it's a bad idea to be re-assessed yearly because this would capture changing home values better. Plus, I think it's easier to budget for modest yearly tax increases than it is to suddenly have to scrape up the money for a reassessment-related spike.

A bigger issue is that counties surrounding Allegheny are in even worse shape than us when it comes to putting off re-assessments. We already have people fleeing Allegheny for Butler County in search of greener property tax pastures. Of course, I'm not sure if they are really saving money given the expense of longer commutes, buying and equipping a new house, etc. An Allegheny County-only re-assessment would accelerate this.

Monday, November 09, 2009 11:38:00 AM  

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