Property Tax Alert: Pennsylvania

August 2004

The first time each political subdivision levies its Pennsylvania real property taxes, the rate must be reduced, if necessary, to have the total amount of taxes levied that year equal the total amount levied in the preceding year notwithstanding. This is after a county makes a county-wide revision of assessment of real property at values based on an established predetermined ratio or after a county changes its established predetermined ratio.

Please contact Rash & Associates for more information.