The real estate tax rate (8. 264% today) is set by city council and the mayor and applied to the value of properties, but the city board of revision of taxes (brt) assesses properties each year to determine the market value for each property what the property would sell for on the open market.
Brt Philadelphia: A Comprehensive Overview
The real estate tax rate (8. 264% today) is set by city council and the mayor and applied to the value of properties, but the...