Tuesday, November 10, 2009

WW: CPA = zero

Thar she blows....   Reassessment ruling filed.   'he' I suppose.  CPA as in this... not a dis on our accountant friends.


Anonymous MH said...

Two things I got from this:

1. I don't have to pay higher taxes until 2011 at the soonest.

2. Is the four-district plan designed as anything but a punishment for not doing a complete re-assessment by 2012? Parts of it make sense (i.e. you can keep staff longer and work out bugs), but politically it would seem to keep property taxes as a wound that can never scab-over. Plus, it seems confusing (separate city/school and county valuations) to figure out how to file the appeal of your valuation.

Tuesday, November 10, 2009 1:13:00 PM  
Blogger EdHeath said...

I have to say this strikes me as the wisdom of Solomon, although perhaps I am missing things. But it seems to me that the county can divide its properties in such a way that there are three fairly easy districts and Pittsburgh. The easiest will probably be the poorest, where County revenues might go down a little but the residents will not have the sort of political power to stop the process. Each year they do this they will get better at it. They will only have to deal with a quarter of the County at a time in terms of appeals, until they get to Pittsburgh.

With the barest of reads, and no other source of opinion, this looks like a good decision.

So of course now we will hear why it is the worst decision.

Tuesday, November 10, 2009 1:53:00 PM  
Anonymous MH said...

Each year they do this they will get better at it.

Concrete dates to Romans. Asphalt to the 19th century. They haven't gotten any better at that.

Tuesday, November 10, 2009 2:02:00 PM  
Anonymous MH said...

On reading a bit more carefully, I think they are going to re-set only the valuation for the municipal/school taxes until the whole county gets new values. Which would make EH's idea of starting with the poorest area first seem like bad PR. Declining values would translate immediately into rising millages and that would make everybody else very nervous.

Tuesday, November 10, 2009 2:24:00 PM  
Blogger n'at said...

Which council districts will be grouped together to produce the four assessment districts? Assuming that there will be no bond measure to pay for this, which departments will lose funding?

What's the line on the county submitting an alternative plan for reassessing by 2012?

Tuesday, November 10, 2009 3:34:00 PM  
Blogger Bram Reichbaum said...

OMG you guys, this was my idea.

"There can be no doubt that reassessments entail serious work and significant costs. However, I do not see why reassessments can not be scheduled for say every other odd-numbered year, and millage recalculations can not go into effect every other even-numbered year, resulting in a manageable four-year cycle. And/or sectional rotation can be employed, with manageable-sized portions of the county being updated continually on a pinwheel. Either way, this would at least be an effort to confront what are clear challenges, rather than bury them in a time capsule or pass the buck until someone else fashions a solution." ... Feb 12, 2009.

Actually parts of mine were a bit more sophisticated, but apparently Judge Wettick wasn't interested in addressing the revenue windfalls also.

Tuesday, November 10, 2009 4:41:00 PM  
Blogger C. Briem said...

Folks need to slow down.. and I am perpexed by the judge on this. The use of trienially assessments was the core of the problem in the past that resulted in Judge Papadakos taking over the county's property assessment system in the 1980's. I have not had time to parse the ruling to tell how different what he has ordered is from what was in use in the past. At first glance, it sure looks and smells like implementing a similar system. Very curious since I am sure the judge knows that history.

and again.. without reading the details yet.. how this all interacts with anti-windfall gains is unclear to me. Has the potential to be messy.

Tuesday, November 10, 2009 5:28:00 PM  

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