Fitzgerald tosses reassessment...? (Sewickley: mortgage, home equity loan, buyers)

[Scott2187]

Originally Posted by Aqua Teen Carl

I'm so damn confused at this point, it's impossible to keep track. Anyone care to summarize?

It's all a conspiracy against Fox Chapel...

Originally Posted by BrianTH

(6) On Thursday, the court will decide if the alleged uncertainty about millages and actual revenues arising from the possible outcomes of the appeals process is a sufficient ground to let the Pittsburgh Public Schools hold off using the new numbers until next year.

For all I've read, I'm assuming this applies to the School District ONLY? Is it correct to say that the city itself has to use the new numbers?

The maps are a nice tool to see what is expected to happen.

[Aqua Teen Carl]

Thanks guys.

[BrianTH]

Originally Posted by Scott2187

For all I've read, I'm assuming this applies to the School District ONLY? Is it correct to say that the city itself has to use the new numbers?

As I understand it, it is the Pittsburgh school district which raised the issue and will get a decision on Thursday. But other jurisdictions may try to follow that road map if it works.

[Scott2187]

Originally Posted by BrianTH

As I understand it, it is the Pittsburgh school district which raised the issue and will get a decision on Thursday. But other jurisdictions may try to follow that road map if it works.

Good point. I guess a lot of it will depend on the amount of time between when jurisdictions get the assessment info and when they set their tax rates, which for Pittsburgh schools is a very short time frame.

[BrianTH]

Originally Posted by Scott2187

Good point. I guess a lot of it will depend on the amount of time between when jurisdictions get the assessment info and when they set their tax rates, which for Pittsburgh schools is a very short time frame.

Indeed, and for that reason it might just be limited to the PPS, assuming it gets its delay at all. I certainly don't think Wettick wants to let more jurisdictions delay than strictly necessary.

[BrianTH]

Chris Briem's analysis is now making headlines:

Pitt study: 2/3 of city homeowners to pay less under reassessment

[Geeo]

Finally some reason in all the teeth gnashing. I wish TV news would take the time to do an accurate story on this. People's are simply not going to see their taxes go from $2,000 to $10,000.

[Copanut]

The people that will benefit from the old assessments: The Rich.

[Copanut]

Professor Briem has it right, no wonder none of the talking heads have him on their shows.

[h_curtis]

Originally Posted by Copanut

The people that will benefit from the old assessments: The Rich.

Explain.