Title
Amending Chapter 19-1800 of The Philadelphia Code, entitled "School Tax Authorization," by providing that real estate taxes levied under that Chapter shall be based on the average of several years of assessed values, so as to smooth out the effect of rapid increases in property values, and by making technical amendments, under certain terms and conditions.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Chapter 19-1800 of The Philadelphia Code is hereby amended to read as follows:
CHAPTER 19-1800. SCHOOL TAX AUTHORIZATION.
ยง19-1801. Authorization of Tax.
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(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] the Taxable Assessed Value of the property as calculated under subsection 19-1801(3):
Year of Tax Tax Rate
1964 to 1965 $0.12
1966 to 1973 $0.425
1974 $0.825
1975 to 1976 $1.125
1977 to 1980 $1.225
1981 to 1983 $1.60
1984 $1.90
1985 to 1988 $2.295
1989 to 1990 $2.445
1991 to 2002 $2.844
2003 and thereafter $3.115
[(3) If the Commonwealth of Pennsylvania fails to provide legislation enabling City Council to enact Bill No. 131, introduced April 26, 1984, providing for the imposition of Business Privilege Taxes for Fiscal Year 1985, or if City Council fails to adopt Bill No. 131 for Fiscal Year 1985, the rate of tax shall be two (2) dollars and four and one-half (41/2) cents for the year 1985.
(4) In the event that a court of competent jurisdiction enters a final order from which all appeals have been exhausted, determining that City Council lacked the authority to impose this rate effective July 1, 1988 for the y...
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