Jason Yarbrough authored an article published in the July/August 2024 issue of The Pennsylvania Lawyer about the disruptions governments face stemming from changes in market values and county Common Law Ratios, and how property assessments affect their budgets:
Assessed values that were fair when a prior assessment snapshot was taken may no longer be accurate today.
Fewer assessed dollars result in lower property taxes and financial relief for property owners but less financial resources to fund county, school district and local municipality budgets.
Read the entire article at this link.
Pennsylvania property owners have a limited appeal window to challenge their property’s assessed value each year to make sure their properties are correctly assessed. Start your 2025 assessment appeal today.
Please note: On June 4, 2024, the Allegheny County Council unanimously voted to move up the 2025 Allegheny County property tax assessment appeal deadline to October 1, 2024 from March 31, 2025. For tax year 2026 and in future years, the deadline will be September 1st. The article published in The Pennsylvania Lawyer was written before the change so it contains Allegheny County tax appeal deadline information which is no longer accurate.