Title
Amending Chapter 2-300 of The Philadelphia Code, entitled "Property Assessment," by further providing for the manner in which assessments are determined, all under certain terms and conditions.
Body
WHEREAS, In order to achieve a fair system of property taxation, it is vitally important that property assessments be performed accurately and uniformly; and
WHEREAS, The market value of a property is determined by gathering timely and accurate data about the condition of the home or buildings on the land and the condition of any improvements to those structures; and
WHEREAS, Residential properties account for over 80 percent of all taxable properties in the City of Philadelphia; and
WHEREAS, The condition of the interior and exterior of a residential property is directly relevant to an accurate determination of current market value, taking into consideration such factors as the number of stories and square feet of living area; the number of bathrooms; the number of bedrooms; the age and type of heating and cooling systems; the presence or absence of specialty features; the presence or absence of amenities such as fireplaces, garages and off-street parking; and the quality, type and age of materials used in construction; and
WHEREAS, The collection, retention and use of accurate data by the Office of Property Assessment and the application of uniform and nationally recognized standards to that data are essential to ensure the City has a uniform and fair system of property assessments; now, therefore
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Chapter 2-300 of The Philadelphia Code is amended as follows:
CHAPTER 2-300. PROPERTY ASSESSMENT
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ยง 2-305. Office of Property Assessment; Chief Assessment Officer; Powers and Duties.
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(2) Except as Council may ordain from time to time, the Chief Assessment Officer shall:
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(d) Promulgate and make available on the City's official website...
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