§ 19-1301. Real Estate Taxes. 162

   (1)   (a)   For each of the following years, a tax is hereby levied at the following respective rates on each one hundred dollars ($100) of the assessed value of taxable real property returned by the Board of Revision of Taxes in the year immediately preceding the stated year: 163

Year of Tax   Tax Rate

1974 to 1976   $1.975

1977 to 1980   $3.275

1981 to 1982   $3.475

1983 to 1984   $3.900

1985 to 1988   $3.505

1989 to 2002   $3.745

2003 through 2007   $3.474

2008 through 2010   $3.305

2011 through 2012   $4.123

      (b)   For tax year 2013, a tax is hereby levied at the rate of four dollars and forty-six and two-tenths cents ($4.462) on each one hundred dollars ($100) of the assessed value of taxable real property returned by the Office of Property Assessment or Board of Revision of Taxes for tax year 2011 (using the predetermined ratio of .32 then in effect), adjusted for subsequent improvements, demolition and destruction. 164

   (2)   For tax year 2014 and thereafter: 165

      (a)   (.1)   For tax years 2014 and 2015, the Tax Rate shall be 0.6018%, or sixty and eighteen hundredths cents ($0.6018) per one hundred dollars ($100).

         (.2)   For tax year 2016 through tax year 2024, the Tax Rate shall be 0.6317%, or sixty-three and seventeen hundredths cents ($0.6317) per one hundred dollars ($100).

         (.3)   For tax year 2025 and thereafter, the Tax Rate shall be 0.6159%, or sixty-one and fifty-nine hundredths cents ($0.6159), per one hundred dollars ($100) of Net Taxable Value.

      (b)   A tax is hereby levied on all real property in the City in an amount equal to the product formed by multiplying the Tax Rate by the Net Taxable Value of the property. Net Taxable Value shall be calculated by subtracting the amount of Homestead Exclusion, if any, provided for in Section 19-1301.2, from the assessed value of the property returned by the Office of Property Assessment in the year immediately preceding the tax year, but in no event may Net Taxable Value be less than zero.

   (3)   If the Commonwealth of Pennsylvania fails to provide legislation enabling City Council to enact Bill No. 131, introduced April 26, 1984, providing for the imposition of Business Privilege Taxes for Fiscal Year 1985, or if City Council fails to adopt Bill No. 131 for Fiscal Year 1985, the rate of tax shall be three dollars and seventy-five and one-half cents ($3.755) for the years 1985 through 1988. 166

   (4)   In the event that a court of competent jurisdiction enters a final order from which all appeals have been exhausted, determining that City Council lacked the authority to impose this rate for the year 1989, the rate shall revert to three dollars and fifty and one-half cents ($3.505) for the year 1989. 167

 

Notes

162	Amended, 1968 Ordinances, p. 1552; amended, 1973 Ordinances, p. 509; amended, Bill No. 030010 (approved June 5, 2003). Section 2 of Bill No. 030010 provides: "The deletion from and addition to portions of Section 19-1301 of The Philadelphia Code effected by this Ordinance is not intended to change any rates of taxation or any other matter with respect to any tax year, but is intended only to restate those rates in a more easily readable form."
163	Amended, Bill No. 070015-A (approved June 13, 2007). Section 3 of Bill No. 070015-A provides: "Effective Date. This ordinance shall take effect upon the filing by the School Reform Commission, no later than June 30, 2007, of a written explanation of how the additional School District funding that will result from this ordinance will be used, including the impact of such additional funding on each of the following: (a) early childhood education; (b) class size; (c) after school programs; (d) drop out prevention; and (e) school safety. Such written explanation shall be filed with the Chief Clerk of Council, with copies to the President and to all members of Council, and the Chief Clerk of Council shall publish notice of such filing in a newspaper of general circulation in the City. If no such written explanation is filed with the Chief Clerk of Council by June 30, 2007, then this ordinance shall be of no effect." The required explanation was filed with the Chief Clerk by the School Reform Commission on June 19, 2007. Amended, Bill No. 100284 (approved June 1, 2010); amended, Bill No. 120175-AA (approved June 30, 2012).
164	Added, Bill No. 120175-AA (approved June 30, 2012).
165	Added, Bill No. 120175-AA (approved June 30, 2012); amended, Bill No. 130181 (approved June 25, 2013); amended, Bill No. 150533 (approved June 18, 2015); amended, Bill No. 240180 (approved June 14, 2024).
166	Bill No. 120175-AA (approved June 30, 2012) failed to renumber subsection; renumbered by Code editor.
167	Bill No. 120175-AA (approved June 30, 2012) failed to renumber subsection; renumbered by Code editor.