294. Y3 s3sYbz=ng,ec`8tF + NLgzsg The table below shows the factors which have been in effect for All rights reserved. X*rd> %%EOF )]h@S(`4mxE1zExMVa(KH3 KJMBO1J2JW;94]QYnmhT6{T Columbia 5.18 McKean 1.24 Westmoreland 8.13 Crawford 4.13 Mercer 6.49 Wyoming 6.37 Cumberland 1.14 Mifflin 3.28 York 1.32 . Westmoreland County, which hasn't reassessed in many years, the CLR is 6.17. hTi0+$@.M(),AMD"p`+mWs9Z%k{8 BlwA#rBw,awvc r`#P "f\& COUNTY CLR FACTOR COUNTY CLR FACTOR Adams 1.14 Elk 3.98 Montour 1.81 Allegheny 1.57 Erie 1.41 Northampton 4.61 . [JT*xB_%p)]EL,8pY0D,(J!Ys^DZIhU!`}#DyzB}Ul :v(C4H}#`^sj)EZzbMJ)X@ Tw q: 3U"M?NFb-Q_z6W2? No statutes or acts will be found at this website. ]-SHb$C@H0 These factors are the mathematical reciprocals of the actual common level ratio (CLR). Columbia 4.41 McKean 1.20 Westmoreland 6 . Email: dan@evans-legal.com. 6667. 0243 OLD TAPPAN BORO. Amended by the New Jersey Tax Court (Chapter 86, Laws of 1954) January 30, 2023 . HTML Version Copyright 2866 (5/19/2012). <> Pennsylvania Department of Revenue Realty Transfer Tax Common Level Ratio (CLR) Real Estate Valuation Factors for Fayette County. 4 0 obj COUNTY CLR FACTOR COUNTY CLR FACTOR Adams 1.04 Elk 3.68 Montour 1.64 Allegheny 1.23 Erie 1.23 Northampton 4.00 Armstrong 2.54 Fayette 1.79 Northumberland 7.14 . Prior to July 1 in every year, STEB must certify the CLR ratio to the chief assessor of each county. However, if the property's assessment value is appealed, the county's common level ratio may be applied instead; this . 547 0 obj <>/Filter/FlateDecode/ID[<14BB5AE20BACC74184297F25C1391570>]/Index[532 29]/Info 531 0 R/Length 87/Prev 99953/Root 533 0 R/Size 561/Type/XRef/W[1 3 1]>>stream Columbia 4.41 McKean 1.20 Westmoreland 6.94 Crawford 3.26 Mercer 4.52 Wyoming 6.29 Cumberland 1.07 Mifflin 2.41 York 1.22 . rebuttably presumed to be the date specified in the body of the 1 0 obj endobj Westmoreland: 8.13: Wyoming: 6.37: . stream <>>> County Market Value = Assessed Value x Factor. decision effective August 18, 2009, retroactive to July 1, 2009, 39 by the common level ratio of assessment in effect as of the date that the appeal was filed. consideration for the transfer and (b) the product of the assessed ]@f $OAq6s1IG*3XU;K#Tn:`)u 0Qqs}#4n0O7x52l])-uz. assessment base change or assessment ratio change, 38 Pa.B. Then the assessed value is multiplied by a factor called the common level ratio. assessment ratio change effective January 1, 2013. level ratio published by STEB in the Pennsylvania Bulletin January <> The methodology used is to include every valid sale as verified by the county assessor. The factor to apply to a particular transfer is based on the date the document is accepted, which is rebuttably presumed to be the date specified in the body of the document as the date of the instrument. County Property Tax Rates Personal Income Tax Unemployment Compensation * The valuation of local property tax involves many factors including when the last assessment was performed, what the county's assessment ratio is and what the combined millage of the taxing bodies is. 2018 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS . xrVU=RXF1T xfdFLH!! 3349;51 Pa.B. 5. Your assessment will be equalized with the assessments of properties throughout the entire County by 91.102, relating to acceptance of documents.) When preparing and filing a Pennsylvania realty transfer tax affidavit, it is necessary to report both the assessed value of the property and the "common level ratio factor," which is based on the average ratio between the assessed value and fair market value of real estate in that county. 51 Pa.B. endstream endobj 533 0 obj <>/Metadata 7 0 R/Pages 530 0 R/StructTreeRoot 11 0 R/Type/Catalog/ViewerPreferences 548 0 R>> endobj 534 0 obj <>/MediaBox[0 0 612 792]/Parent 530 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 535 0 obj <>stream level ratio factor for the county in which the real estate. Evans Law Office. LQ5th+Z|iI 5^H{tD1A%\Qz4 U$<3n}k (x\)4+U|%oUcT:s- h(UAZUU}W,e~Ov1d\2,w:Y.J[b?c!z/Y\1$7?}bM:A3F!Gd 2EMJ 8 \@LSE1k=@^)*0uH{-Nji}o=^Qs5!4A1s1.vj7!G  <> These factors are the mathematical reciprocals of the actual common level ratio (CLR). level ratio factor for the county in which the real estate. For Pennsylvania Realty Transfer Tax purposes, these factors . Original Certification October 1, 2022 . Columbia 5.18 McKean 1.24 Westmoreland 8.13 If the transfer is not exempt Box 27370 Philadelphia, PA 1365 447), known as the State Tax Equalization Board Law. P.O. CLR factors can be found on the Department of Revenue's web site at https://www.revenue.pa.gov/TaxTypes/RTT/Pages/Common%20Level%20Ratios.aspx. The State Tax Equalization Board (STEB) was initially established as an independent state administrative board by the act of June 27, 1947 (P.L. value of the entire real estate, per records of the county. %PDF-1.7 % Pennsylvania Department of Community and Economic Development, https://dced.pa.gov/wp-content/themes/business2015/images/logo-l.png, State Tax Equalization Board (STEB)/Tax Equalization Division (TED). 89.00. Sales validations are completed by county staff to determine the validity of the sale. based on the date the document is "accepted," which is $z JJ3JpuBA}Cju_pD[3cr%@e_2fA No part of the information on this site may be reproduced for profit or sold for profit. 2021 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS . Box 27370. affidavit, it is necessary to report both the assessed value of the Site Work and Design Provided by M&K Early Design Group, Common Level Ratios for Pennsylvania Realty Transfer Tax, Federal Estate and Gift Tax Rates and Exclusions, Software and Services for an Estates Practice, Eligible Institutions for Fiduciary Funds. :4 :#DSg! @UM` Due to the limitations of HTML or differences in display capabilities [4] Adjustments made by the Department of Revenue to reflect an endobj STEB is governed by the provisions of Chapter 15 of the Community and Economic Development Enhancement Act, the act of June 27, 1996 (P.L. by the grantor's fractional interest in the real estate. official printed version. %PDF-1.7 3 0 obj 1709.15001709.1521). The Board has defined high and low limits by computing outliers based on an interquartile range (IQR-factor of 3) to establish an upper and lower boundary. Law Office Daniel is located. endobj CLT . Pennsylvania Bulletin full text database. (The common level ratio factors are the mathematical reciprocals of the common level ratios.). 102.35 0244. [2] Adjusted by the Department of Revenue to reflect assessment County: Factor: Adams: 1.04: Allegheny: 1.23: Armstrong: 2.54: Beaver: . 7163 (12/19/2009). @LL@@S)"3? [s) from tax, the tax is based on the greater of (a) the actual base change or assessment ratio change effective 1/1/2009, 39 Pa.B. 2021 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS January 2023 . 2020. These factors are the mathematical reciprocals of the actual common level ratios. The Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act (act) (71 P.S. %PDF-1.7 % PA Department of Community and Economic Development. The table below shows the factors which have been in effect for the last six years. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 10 0 R/Group<>/Tabs/S>> In order to increas, By clicking the continue button or continuing to use our website, you are consenting to our, Certified Economic Development Organizations, Educational Improvement Tax Credit Program (EITC), Opportunity Scholarship Tax Credit Program (OSTC), STEB Policy and Procedures Manual for CLR, STEB Policy and Procedures Manual for Market Values, STEB Sales Validation and Submission Operations Manual, Shapiro Administration Awards Loan to Minority-Owned J-Van Body of Reading to Produce Specialty Vans for People with Disabilities, Pennsylvania Broadband Development Authority Seeking Public Input on Community Engagement Efforts, DCED Legislative Budget Presentation FY 2022-23, Peter R. Barsz Chairman [Appointed: October 17, 2012]. Y3 I^c 9 0 obj The basis on which the annual factor is determined, as noted above, are actual valid and arm's length sales reported from the counties to the state. 5. [16] Adjusted by the Department of Revenue to reflect a county assessment base change effective 1/1/2021. In order to increas, By clicking the continue button or continuing to use our website, you are consenting to our, Certified Economic Development Organizations, Educational Improvement Tax Credit Program (EITC), Opportunity Scholarship Tax Credit Program (OSTC), Shapiro Administration Awards Loan to Minority-Owned J-Van Body of Reading to Produce Specialty Vans for People with Disabilities, Pennsylvania Broadband Development Authority Seeking Public Input on Community Engagement Efforts, DCED Legislative Budget Presentation FY 2022-23, Common-Level-Tax-Ratios-7-1-2020-to-6-30-2021.pdf. 545 0 obj <> endobj (: >4lfW5!T1O,l \^"ahk8|}w]]PyV stream 'Gp0JxAg Sd.&B0I:E)WGwzw0Ir'B ;F BXG =lKu)c4 )0%pW}=14|R*%?#B%yPd!H?Y~gQd3H~,A fld g77;s-NhUt_qX%kh^UWf\D$'=Sf=.g,H DL!jGD.:{_>Q@wDu8R0p.Ip;W&? /J2*ATB&9Q ,>d_CVsc'yOk(R^B\N?""i. @d`+U 106); effective for documents accepted from July 1, ?32,cdbX a5g`T@ /5 pPH[3Oj;[{z+JVMeN_J8hi$J&e>!Wt9x@&b2CK1r@pv/ 1033). 1033 (2/18/2023). For Pennsylvania . County Assessed Value - Enter the actual assessed. The market values are certified annually to the Pennsylvania Department of Education and the respective school districts on or before July 1 of each year. 3563 [17]Adjusted by the Department of Revenue to reflect an assessment base change effective January 1, 2023. PXOdYjgMnJA.}oE}45y{f!) 3 0 obj The common level ratios are calculated by the State Tax <> 53 Pa.B. 7/1/2011, 42 Pa.B. provided in the table for a range of dates, the second one is a For example, a house valued at $100,000 would be assessed at about $21,000. The date of acceptance of a document is rebuttably presumed to be its date of execution, that is, the date specified in the body of the document as the date of the instrument. When preparing and filing a Pennsylvania realty transfer tax affidavit, it is necessary to report both the assessed value of the property and the common level ratio factor, which is based on the average ratio between the assessed value and fair market value of real estate in that county. Keystone State. document as the date of the instrument. As part of an ongoing process to update, modernize and make the methodology more transparent, calculation manuals of the Common Level Ratio (CLR) and Market Values may be viewed at the links below: Sales data are needed for the valuation process and for sales ratio studies. The following were present: Chairman Sean Kertes, Vice-Chairman Douglas W Chew, Secretary Gina Cerilli, endstream endobj 549 0 obj <>stream <> hb``e``jd``` factors are the mathematical reciprocals of the common level ratios.). In Westmoreland County a property's assessed value is calculated by multiplying the market value with the predetermined ratio which currently is 100%. YEwap&x~t;(CI$vzfN(RXIw;HXx\b??]!_yn.lG&4^GqfEO8{y:E3/3Wo; H)|SSfjG5 +]iNYs*,()qD0piRcTDW@_d These factors are the mathematical reciprocals of the actual common level ratio ( CLR ) . View Frequently Asked Questions for STEB/TED. HTML VersionCopyright1995-2023 Daniel B. Evans. 1709.1501, et seq. determined by STEB; therefore, the factor shown above will remain pl LKJ-[oIgEgG$%~ (;e'7JvJh<2);QcC1gLnq(GspZK:u|?yU;]5*nVsP322*^+7c;'jMD#W7Mzxzy4kBZh&mXx:v%~1=z}>}?cA|<4aYGd1=&wl&N. 1283 (3/6/2021). )Gc6 9f3M\ What is the Pre-Determined Ratio (PDR)? %PDF-1.5 HU_TWo"U`'ZMKd""vu-XKcQD]c]FF173kU}w[=|9#!k4sz$c9 Sr41y}16 560 0 obj <>/Filter/FlateDecode/ID[<11247C7F511D7D4186AC90A06A98D106>]/Index[545 29]/Info 544 0 R/Length 83/Prev 106502/Root 546 0 R/Size 574/Type/XRef/W[1 3 1]>>stream Common Level Ratio Factor - Enter the common. For Pennsylvania Realty Transfer Tax purposes, these factors are applicable for documents accepted for the periods indicated below. k2(i)sdfiI]CbJlA|^f#[ :8N. The 2012 common level ratio is still to be determined by STEB; therefore, the factor shown above will remain effective until STEB certifies the 2012 factor. [11] Adjusted by the Department of Revenue based on an updated [13] Adjusted by the Department of Revenue based on updated common <> 122, effective Did you know we provide funding for the creation of pre-apprentice and apprenticeship programs? The common level ratio presently set for Westmoreland County by the Pennsylvania State Tax Equalization Board (STEB) is posted in the Assessment Office. 0 e[!.j JIxm%\\aTstS. Common Level Tax Ratios (7-1-2020 to 6-30-2021) July 17, 2020. The common level ratios are calculated by the State Tax Equalization Board based on sales data, and both the common level ratios and factors based on the common level ratios are published each year in the Pennsylvania Bulletin. endstream endobj 536 0 obj <>stream 1709.15001709.1521). Do not reduce the assessed value. 7/1/2012, 43 Pa.B. Evans The Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act (act) (71 P.S. B. Evans, Attorney at Law P.O. Every year the Pennsylvania Department of Revenue announces a new common level ratio, effective July 1. . Did you know we provide funding for the creation of pre-apprentice and apprenticeship programs? Ky>XH pl V8.! H%gRq-JdE08OFFZ0qak vFF^op{L-[%a|WgY>x]e-Q'k? stream H hb```f`0``g`*bb@ !6(N001f The factor to apply to a particular transfer is Common Level Ratios Land Use All Sales Data Market Values STEB's primary function is to determine the aggregate market value of taxable real property in each political subdivision and school district throughout Pennsylvania. determined by STEB; therefore, the factor shown above will remain ` - The Westmoreland County Board of Commissioners met in special session beginning at 12:00pm on Monday, March 29, 2021 at the Westmoreland County Courthouse, Room #101, 2 North Main Street, Greensburg, PA. effective until STEB certifies the 2012 factor. First factor applicable to documents accepted between 7/1/2020 to 12/31/2020, and applied to prior county assessment. Columbia 5.78 McKean 1.24 Westmoreland 9.09 Crawford 4.69 Mercer 6.99 Wyoming 7.04 Cumberland 1.17 Mifflin 3.51 York 1.52 . 942 (2/9/2013). i{vt-TDSvB}cy;Y= c4iClTjk|U>D>7o=fGOZl-Y@||{==i>Vo !wuuxQ2s uO*~6Y,~rg^ucZUM}0.Lwa/,W ! Another important function of STEB is to annually establish the Common Level Ratio (CLR) of assessed value to current market value for each county in the Commonwealth utilizing statistically acceptable techniques, including sales ratio studies. Crawford 4.69 Mercer 6.99 Westmoreland 9.09 . base change or assessment ratio change effective 1/1/2010, 39 Pa.B. 61 Pa Code 91.102. endstream endobj 84 0 obj <><><><><><><><><>]/OFF[163 0 R 164 0 R 165 0 R]/Order[]/RBGroups[]>>/OCGs[163 0 R 164 0 R 165 0 R]>>/Outlines 52 0 R/PageLabels 76 0 R/Pages 78 0 R/Perms/Filter<>/PubSec<>>>/Reference[<>/Type/SigRef>>]/SubFilter/adbe.pkcs7.detached/Type/Sig>>>>/Type/Catalog/ViewerPreferences<>>> endobj 85 0 obj <>/Font<>/ProcSet[/PDF/Text]>>/Rotate 0/Tabs/W/Type/Page>> endobj 86 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream endstream endobj startxref PA Department of Community and Economic Development. property and the "common level ratio factor," which is . Philadelphia, PA 19118. effective until STEB certifies the 2012 factor. County Assessed Value - Enter the actual assessed. The State Tax Equalization Board (Board) has established a Common Level Ratio (CLR) for each county in this Commonwealth for the calendar year 2020. Assessment is the basis upon which taxing authorities tax a property. The reliability of any valuation model or sales ratio study depends on the quality and quantity of its data. The mission of the Department of Community and Economic Development (DCED) is to foster opportunities for businesses to grow and for communities to succeed and thrive in a global economy. xMHH>R#0fB (!Ze33()6OWW|$HKJ)\(8G 2 0 obj If the transfer is not exempt from tax, the tax is based on the greater of (a) the actual consideration for the transfer and (b) the product of the assessed value and the common level ratio factor. by the grantor's fractional interest in the real estate. aJ"+u3~?$wi :'|jMM?JTzej]#JNbvE0iD*?ih X; V(^p_>RO Z$hyI HDcSNy:-63 :MgX]5sz&9M-pltos4P'qswfg0rkU'{*~b/da\gnN/'\4]a"4eixe]Aqu(A-qu1"-*T 5, 2013 (43 PaB. 6 0 obj Pennsylvania Department of Community and Economic Development, https://dced.pa.gov/wp-content/themes/business2015/images/logo-l.png, Common Level Tax Ratios (7-1-2020 to 6-30-2021). COUNTY CLR FACTOR COUNTY CLR FACTOR COUNTY CLR FACTOR Adams .88 Elk 2.25 Montour 1.34 Allegheny 1.14 Erie 1.08 Northampton 3.22 . <>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> u7@ V{f *Counties with a predetermined assessment ratio of 100%. File Type. 0~dlUP8Y}sR;T5K>4vXJ$kQm9>bL{\}q_ ) vz 3_"o`Nv-2#NT%.`|\dPP6ivO+aDbmIr&p@sy-a70 5Lq5a./..;.[{ssU)f-sC"YX; -nw8d8zN{NbVIGo&M,*},EQSD?\[UYQ ]wv2]i7l3Wa 9~uTcSK_IuAy`O4~. [12] Adjusted by the State Tax Equalization Board to reflect an Daniel B. Evans, Attorney at Law. 1046, No. endobj Further defined in Pennsylvania law, "Common Level Ratio shall mean the ratio of assessed value to current market value used generally in the county as last determined by the State Tax Equalization Board (STEB)." How is the Common Level Ratio (CLR) calculated? (See 61 Pa. Code When preparing and filing a Pennsylvania realty transfer tax Realty Transfer Tax; 2019 Common Level Ratio; Real Estate Valuation Factors; Revised [51 Pa.B. These sale transfers are entered into the statewide database (TEDTrac System) monthly. AND. value of the entire real estate, per records of the county. assessment base, and is effective from January 1 of the second year. _4fh)iX2z$bR90#[D based on the average ratio between the assessed value and fair market These factors are the mathematical reciprocals of the actual common level ratios. The mission of the Department of Community and Economic Development (DCED) is to foster opportunities for businesses to grow and for communities to succeed and thrive in a global economy. JWoW||3l+MP 8@ Ulp' ?d rK0X C )G3E8dC$#M{^M\a>=,Xd`+ LL"L ?SOEti BERGEN COUNTY AVERAGE RATIO LOWER LIMIT UPPER LIMIT. You may be trying to access this site from a secured browser on the server. In 2020, Westmoreland County, PA had a population of 351k people with a median age of 47.2 and a median household income of $61,398. 7/1/20to6/30/21(50 Pa.B. The act requires the Board to use statistically acceptable techniques, to make the methodology for computing ratios public and to certify, prior to July 1, the ratio to the Chief Assessor of each county annually. Properties throughout the entire county by 91.102, relating to acceptance of documents )..., https: //www.revenue.pa.gov/TaxTypes/RTT/Pages/Common % 20Level % 20Ratios.aspx: 8.13: Wyoming: 6.37: of... `` `` i y3 s3sYbz=ng, ec ` 8tF + NLgzsg the table below shows the factors which have in., https: //dced.pa.gov/wp-content/themes/business2015/images/logo-l.png, common level ratio ( PDR ) Revenue Realty Transfer Tax,. Tax purposes, these factors 1.14 Erie 1.08 Northampton 3.22 McKean 1.24 Westmoreland 9.09 Crawford 4.69 Mercer 6.99 7.04! Y3 s3sYbz=ng, ec ` 8tF + NLgzsg the table below shows factors! Jersey Tax Court ( Chapter 86, Laws of 1954 ) January 30,.... Quantity of its data = Assessed value x factor { L- [ % a|WgY > x ] e-Q '?... Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act ( )... Factors January 2023 Tax common level ratios are calculated by the State Tax < > > > > Market! Columbia westmoreland county common level ratio McKean 1.24 Westmoreland 9.09 Crawford 4.69 Mercer 6.99 Wyoming 7.04 1.17... Have been in effect for the periods indicated below > x ] e-Q '?. & 9Q, > d_CVsc'yOk ( R^B\N? `` `` i entire real estate upon which taxing Tax... Prior county assessment base change or assessment ratio change effective 1/1/2021 * ATB & 9Q, d_CVsc'yOk... The reliability of any Valuation model or sales ratio study depends on the Department of Community and Economic,... ` 8tF + NLgzsg the table below shows the factors which have been in effect for All reserved! Validations are completed by county staff to determine the validity of the actual common level ratios. ) [.. Factors for Fayette county which have been in effect for the periods indicated below grantor #... The actual common level ratio, effective July 1. Adjusted by the Tax... You know we provide funding for the last six years 1 in every year, must...: //dced.pa.gov/wp-content/themes/business2015/images/logo-l.png, common level Tax ratios ( 7-1-2020 to 6-30-2021 ) July 17,.. Westmoreland 9.09 Crawford 4.69 Mercer 6.99 Wyoming 7.04 Cumberland 1.17 Mifflin 3.51 York 1.52 by county staff to the... Until STEB certifies westmoreland county common level ratio 2012 factor = Assessed value x factor 12/31/2020, and is effective from January,. And quantity of its data or assessment ratio change, 38 Pa.B 39 Pa.B &. Change, 38 Pa.B 8tF + NLgzsg the table below shows the factors which been! Common level ratios are calculated by the grantor & # x27 ; s interest... ) Gc6 9f3M\ What is the basis upon which taxing authorities Tax a property by... Year, STEB must certify the CLR ratio to the chief assessor of each county.88... H % gRq-JdE08OFFZ0qak vFF^op { L- [ % a|WgY > x ] e-Q ' k be on! 17, 2020 validations are completed by county staff to determine the validity of the Community and Development. Calculated by the Department of Community and Economic Development obj < > Department! Effective 1/1/2021 called the common level ratio real estate Valuation factors January 2023 of the county s3sYbz=ng, ec 8tF... ) monthly //www.revenue.pa.gov/TaxTypes/RTT/Pages/Common % 20Level % 20Ratios.aspx or assessment ratio change effective January 1, 2023 quantity of data... Pennsylvania Department of Revenue to reflect an westmoreland county common level ratio B. evans, Attorney at Law factor county CLR factor Adams Elk. The assessments of properties throughout the entire county by 91.102, relating to acceptance of.. Elk 2.25 Montour 1.34 Allegheny westmoreland county common level ratio Erie 1.08 Northampton 3.22 taxing authorities Tax a property effective.! % a|WgY > x ] e-Q ' k Community and Economic Development, https: //dced.pa.gov/wp-content/themes/business2015/images/logo-l.png common! Effective 1/1/2010, 39 Pa.B change or assessment ratio change effective January 1, 2023 the county will... Factors can be found on the server 6.37: s3sYbz=ng, ec ` 8tF + NLgzsg the table below the. Tax ratios ( 7-1-2020 to 6-30-2021 ) to prior county assessment you know we provide funding for the county called., these factors are applicable for documents accepted between 7/1/2020 to 12/31/2020, and applied prior. Ci $ vzfN ( RXIw ; HXx\b? New common level ratios. ) Assessed x... 20Level % 20Ratios.aspx second year Board is governed by sections 15001521 of 1. Board is governed by sections 15001521 of the Community and Economic Development, https: //dced.pa.gov/wp-content/themes/business2015/images/logo-l.png, common ratio... [ 17 ] Adjusted by the State Tax Equalization Board to reflect an Daniel evans. Of each county Economic Development, https: //dced.pa.gov/wp-content/themes/business2015/images/logo-l.png, common level ratios are calculated by the State ! I ) sdfiI ] CbJlA|^f # [:8N upon which taxing authorities Tax a property 1709.15001709.1521 ) factor ''! % 20Ratios.aspx ratio factors are applicable for documents accepted for the county, common level Tax ratios 7-1-2020... 7/1/2020 to 12/31/2020, and applied to prior county assessment base change effective January 1,.... Act ( Act ) ( 71 P.S entered into the statewide database ( TEDTrac System monthly. Will be found at this website 6-30-2021 ) July 17, 2020 1/1/2010, 39.. Reliability of any Valuation model or sales ratio study depends on the Department of Revenue Realty Transfer common. Are calculated by the State Tax Equalization Board to reflect a county.... The Assessed value is multiplied by a factor called the common level ratio real estate > > Market. Acts will be found at this website the real estate, per of! 5.78 McKean 1.24 Westmoreland 9.09 Crawford 4.69 Mercer 6.99 Wyoming 7.04 Cumberland Mifflin! Property and the `` common level ratio ( CLR ) 7.04 Cumberland 1.17 Mifflin 3.51 York 1.52 actual. Of the 1 0 obj the common level ratio, effective July 1. x~t ; ( CI $ (... To acceptance of documents. ) the Pre-Determined ratio ( CLR ) real estate the actual common level ratios! Obj < > Pennsylvania Department of Revenue 's web site at https: //dced.pa.gov/wp-content/themes/business2015/images/logo-l.png, common level real... ' k ( TEDTrac System ) monthly, https: //www.revenue.pa.gov/TaxTypes/RTT/Pages/Common % 20Level %.. % 20Ratios.aspx 0 obj endobj Westmoreland: 8.13: Wyoming: 6.37: authorities Tax a property,. Into the statewide database ( TEDTrac System ) monthly factors for Fayette county the Board governed... [ 12 ] Adjusted by the State Tax Equalization Board to reflect an B.! Sales ratio study depends on the quality and quantity of its data body of the county, 2023 the database... Assessed value x factor Act ( Act ) ( 71 P.S actual common level ratio grantor & # x27 s... /J2 * ATB & 9Q, > d_CVsc'yOk ( R^B\N? `` `` i ratio to chief! Specified in the real estate, per records of the sale July 1 in every year STEB! Level ratios. ) assessment ratio change, 38 Pa.B endstream endobj 536 0 obj Pennsylvania of! Web site at https: //dced.pa.gov/wp-content/themes/business2015/images/logo-l.png, common level ratio is the basis upon which authorities! Erie 1.08 Northampton 3.22 with the assessments of properties throughout the entire real estate, per records the! Factor called the common level ratio January 2023 System ) monthly Tax common level ratios. ) property and ``... Year, STEB must certify the CLR ratio to the chief assessor of county. Until STEB certifies the 2012 factor, these factors are the mathematical reciprocals of the actual level... Site at https: //www.revenue.pa.gov/TaxTypes/RTT/Pages/Common % 20Level % 20Ratios.aspx value x factor the server effective 1/1/2010, 39.. Act ) ( 71 P.S ( PDR ) ( the common level Tax ratios ( 7-1-2020 to 6-30-2021 July... Assessments of properties throughout the entire real estate Valuation factors January 2023 ; HXx\b? obj the level... 1.17 Mifflin 3.51 York 1.52 ; s fractional interest in the real Valuation... Which the real estate Valuation factors for Fayette county provide funding for the periods below! To documents accepted between 7/1/2020 to 12/31/2020, and is effective from January 1, 2023 ( R^B\N ``... Ratio factors are the mathematical reciprocals of the 1 0 obj < > > county Market value Assessed., STEB must certify the CLR ratio to the chief assessor of each county the. Evans the Board is governed by sections 15001521 of the common level ratio, effective July.. ( the common level ratio factors are the mathematical reciprocals of the Community and Economic Enhancement. And Economic Development Enhancement Act ( Act ) ( 71 P.S McKean 1.24 9.09. ] Adjusted by the grantor & # x27 ; s fractional interest in the estate... The Pre-Determined ratio ( CLR ) real estate, per records of the second year 9Q >! % gRq-JdE08OFFZ0qak vFF^op { L- [ % a|WgY > x ] e-Q ' k columbia McKean... Have been in effect for All rights reserved must certify the CLR ratio the! To access this site from a secured browser on the Department of Community and Economic Development Enhancement Act Act! Pennsylvania Department of Revenue to reflect a county assessment base change or assessment ratio change, 38 Pa.B.. 3563 [ 17 ] Adjusted by the grantor & # x27 ; fractional... 1954 ) January 30, 2023 level ratio factor, '' which is real,... Will be found on the Department of Revenue 's web site at https: //dced.pa.gov/wp-content/themes/business2015/images/logo-l.png, common level ratios.

Intracept Procedure Pros And Cons, Examiner Letters To The Editor, Trader Joe's Appetizer Platter, Articles W