Daily News | Philly won’t reassess properties this year to catch up on appeals backlog, officials say
over property assessments — will leave office in January, leaving the next revaluation to his successor.
“It is OPA’s goal to conduct assessments annually,” a spokesperson for the Kenney administration said. But “given the many factors at play, we’re unable to commit to a specific frequency.” Three- to four-year gaps between assessments also mean that homeowners experience more alarming sticker shock. After the 2023 reassessment was released last year, owners ofchallenged the city’s values — the highest volume since 2014 when the controversial Actual Value Initiative went into effect.
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