COUNCILMAN Kenyatta Johnson will introduce a bill in City Council today that will provide property-tax relief for residents hit hardest by the new property-tax hike.
Johnson feels the City’s AVI assessment might force some low-income homeowners out of their homes.
The hardship referral Bill, will provide relief to low-income families who are experiencing an extraordinary increase in real estate taxes, Johnson said.
Taxpayers under the Bill would be able to defer any amount over two-and-a-half times their current bill. For example, if a taxpayer pays $2,000 in 2012, but their reassessment in 2013 is $8,000, then they must pay $5,000, but can defer $3,000. Taxpayers can defer the money until next year or when the house is sold.
” I don’t want constituents to be priced out of their home, whether they live in Point Breeze or Graduate Hospital,” Johnson said. “That’s why it’s important we introduce relief efforts for those who fear the new assessment might force them out of the city.”
Thousands of south Philadelphia homeowners have received a increase in their property tax assessment in the mail from the city. Some have seen a 1000 percent increase.
First District Councilman Mark Squilla and Johnson have said their office has been flooded with constituents concerned they cannot afford the tax hike.
“Most of my constituents have expressed they don’t mind paying their pay share,” Johnson said. “However, clearly the initiative has winners and losers.
“I’m concerned with the negative input that AVI will have on many of my constituents.”