Politics & Government

How Will AVI Specifically Affect Roxborough-Manayunk?

A new map shines some light on that question.

The majority of homeowners in Roxborough-Manayunk would likely see their property taxes increase between $1,000 and $3,000 if Mayor Michael Nutter's Actual Value Initiative (AVI) is implemented, according to a map released by the Philadelphia Public Interest Information Network.

The map shows how AVI might specifically affect individual areas throughout Philadelphia if the tax rate is set at 1.8 percent of the home's value. That hasn't been settled yet but could be once City Council passes a budget. The body is required to do that by the end of June.

AVI would likely require homes to be assessed at their actual market value. It's still up in the air if AVI will be approved for 2012 or if City Council defers it. 

Find out what's happening in Roxborough-Manayunkwith free, real-time updates from Patch.

Here's a look at the Roxborough-Manayunk numbers. The map only profiles certain properties and is intended to give a general sense of AVI's effects and this could vary even further:

  • Six homes listed on the map would see their property taxes decrease by more than $1,000.
  • Six listed on the map would see their property taxes decrease by between $0 and $1,000.
  • 29 listed on the map would see their property taxes increase by between $0 and $1,000.
  • 56 listed on the map would see their property taxes increase by between $1,000 and $3,000.
  • Eight listed on the map would see their property taxes increase by more than $3,000.

Click here to view the map and to compare neighborhoods.

Find out what's happening in Roxborough-Manayunkwith free, real-time updates from Patch.


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