a thud-less Monday morning?
One big important point based on questions I am getting. Realize that virtually every number that has been talked about thus far, by me, in the media, and all others, have been about the assessment data out there for ONLY the City of Pittsburgh and the borough otherwise known as Mount Oliver.
So everything you have read about the notional tax issues and revenue neutrality all pertain only to those two municipalities. Every municipality will have different aggregate tax changes requiring a unique resetting of tax rates, as will every school district. So for all other municipalities even to begin figuring out what the change to your tax bill is you will need to compare your assessment change to the changes in both taxing bodies. Whatever the number was for Pittsburgh, and/or Mount Oliver, will have nothing to do with your situation if you are not a resident of those two places. I sense a lot of folks thing the numbers being reported for Pittsburgh apply more generally.
I got into this a bit more a year ago in this post: So you want to calculate your new property tax bill?
and as far as I can tell, there is nothing in the public record yet as to what any of those aggregate changes are. I did calculate it to be a roughly +25% value for Wilkinsburg, but that again just applies for residents there.
More to follow.