Allegheny County Council - File #: 1635-04

• File #: 1635-04
• Version: 1
• Name: Ordinance of the County of Allegheny, Commonwealth of Pennsylvania, amending Article 809 of the Administrative Code to provide that reassessments be revenue neutral by eliminating the 105% windfall provision.
• Type: Ordinance
• Status: Approved
• File created: 7/6/2004
• In control: Committee on Budget and Finance
• Final action: 10/4/2005
• Title: Ordinance of the County of Allegheny, Commonwealth of Pennsylvania, amending Article 809 of the Administrative Code to provide that reassessments be revenue neutral by eliminating the 105% windfall provision.
• Sponsors: Vince Gastgeb, Jan Rea, Rich Fitzgerald, Brenda Frazier, Chuck Martoni, Doug Price, William Robinson, Joan Cleary, Edward Kress, C.L. Jabbour, Eileen Watt, Rich Nerone, John DeFazio, Ron Francis, Dave Fawcett

Date	Ver.	Action By	Action	Result
10/14/2005	1	Chief Executive	Signed by Chief Executive
10/4/2005	1	County Council	Passed for Chief Executive Signature	Pass
9/27/2005	1	Committee on Budget and Finance	Affirmatively Recommended	Pass
4/12/2005	1	Committee on Budget and Finance	Held in Committee
3/8/2005	1	Committee on Budget and Finance	Held in Committee
10/21/2004	1	Committee on Budget and Finance	Held in Committee
9/9/2004	1	Committee on Budget and Finance	Held in Committee
7/6/2004	1	County Council	Referred

title
Ordinance of the County of Allegheny, Commonwealth of Pennsylvania, amending Article 809 of the Administrative Code to provide that reassessments be revenue neutral by eliminating the 105% windfall provision.

body
WHEREAS, ongoing, annual assessments are important to insure that the burden of property tax is shared equitably among property owners; and

WHEREAS, current law allows the County to receive a 5% windfall allowing taxing jurisdictions to collect increased revenues simply by virtue of a reassessment; and

WHEREAS, removal of the 105% cap will require the County to reduce tax rates to insure a revenue neutral reassessment that is equitable to all property owners;

The Council of the County of Allegheny hereby enacts as follows:

SECTION 1.

Article 809, § 809.03, Real property revenue limitations, shall be amended as follows:

A. The County shall not derive windfall benefits from annual property reassessments of the valuation of real property or from changes in the predetermined ratio of assessed valuation to market value of real estate. Following any annual reassessment or change in the predetermined ratio, the total amount of real estate tax revenue that can be received by reason of the reassessment or change in the ratio by the County from existing land, buildings and structures shall not exceed 105% of the total amount of real estate tax revenue received by the County in the preceding year from that land, and those buildings and structures. If necessary, the County shall reduce the real estate tax rate to comply with this revenue limitation.

B. In calculating the 105% limit, the amount to be levied on newly constructed buildings or structures, or from increased valuations based on new improvements made to existing buildings and structures, shall not be considered.

C. This section shall not be construed to prohibit receiving increased tax revenue. The County may raise the real estate tax rate pursuant to § 809...