Title
Amending Section 19-1801 of The Philadelphia Code, entitled "Authorization of Tax," to further authorize the Board of Education of the School District of Philadelphia to impose a tax on real estate within the City of Philadelphia, and providing for a tax rate; all under certain terms and conditions.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Section 19-1801 of The Philadelphia Code is hereby amended to read as follows:
ยง 19-1801. Authorization of Tax.
(1) The Board of Education of The School District of Philadelphia is authorized to impose an annual tax for school district purposes on real estate within the City of Philadelphia for the years 1964 through [2011] 2012 and thereafter.
(2) For each of the following years, the tax imposed by the Board of Education of the School District of Philadelphia shall be at the following respective rates on each one hundred dollars ($100) of assessed value of taxable real property as returned by the Board of Revisions of Taxes as the assessment made in the year immediately preceding the stated year:
Year of Tax Tax Rate
* * * * * *
2008 [and each year thereafter]
through 2011 $3.284
2012 $3.634
2013 and each year thereafter $3.284
* * *
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Explanation:
[Brackets] indicate matter deleted.
Italics indicate new matter added.
End