Words Numbers Matter
Version 1: "About 8,000 Pittsburgh and Mount Oliver property owners have appealed their new assessments."and which version was used? Actually the 6.7% is the percentage if the 8,000 appeals were just the residential appeals of which the city of Pittsburgh has 120 thousand or so parcels.. If it is 8,000 appeals of the the 150 thousand or so residential or commerical properties you are talking 5%.
Version 2: "About 6.7% of Pittsburgh and Mount Oliver property owners have appealed their new assessments."
Actually I am wondering.. is that scale of appeals higher or lower than what happened back in 2000 - 2001?
So go back to to the angst, anger, fear and loathing reported all around. All of 5-7% filed an appeal. Likely a chunk of them will not show up if past patterns follow and again looking at past practice I bet you would find plenty of folks see no, or minimal, adjustments in the appeal process.
So for everyone telling me the appeals will change all the numbers... how exactly? and by how much. Realize that if someone gets a lowered valuation, it will push down the revenue neutral point an iota, but at the same time will push another parcel into a lower valuation. So the impact on the distribution is unclear. Some point out the likely self-selction in that higher valued homes will be appealing more than lower valued homes. Granted, but see the numbers above on what total impact is possible and also I really got the impression from the news accounts that everyone was trying to appeal, not only those with nominal value increases above the revenue neutral point, but those below as well. .. So it may balance out more than one might presume.