Tuesday, September 27, 2011

Judge, we have a problem

County says it is behind in commercial property assessments.  Judge says city of Pittsburgh properties must be done first to facilitate bills and prevent need for a tax anticipation bond.

There is this little problem.   Look again at the graphic of where city property tax comes from.  That big Downtown bubble there...   not being generated by residential value.

So to calculate revenue neutrality for the city... you really have to have commercial values I would think.

6 Comments:

Anonymous MH said...

Can somebody put county officials in prison or is that just state legislators and city council members?

Tuesday, September 27, 2011 12:43:00 PM  
Anonymous BrianTH said...

But Your Honor, my feet are sore from all this dragging!

Tuesday, September 27, 2011 1:50:00 PM  
Anonymous Murray said...

Interesting. Squirrel Hill/Shadyside/Point Breeze generate more property tax than Downtown.

Tuesday, September 27, 2011 3:15:00 PM  
Blogger Bram Reichbaum said...

Too hard to tell from this; your data is woefully out of date. Most of it dates back to 2002.

Tuesday, September 27, 2011 5:17:00 PM  
Anonymous MH said...

Somebody should try to get more recent values for setting property taxes.

Tuesday, September 27, 2011 7:05:00 PM  
Anonymous The Wiz said...

I'd like to see one more bubble added to the graphic....how much real estate in the city is non taxable? Like government centers, hospitals, non-profits?

Bet that would be the biggest bubble of all.

Tuesday, September 27, 2011 10:34:00 PM  

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