Hi, Amanda, perhaps the good news during the pandemic it may be reconsidered–the property tax abatement. I read somewhere that relative to other large cities, Philly brings in low tax revenue to the City government because of this. Thus, during the pandemic, the City’s using up its coffers right now and this is unsustainable. Just wanted to point this very important bit out; it’s ideal time to cut the tax abatement to a handful of years or completely get rid of it to make up for the lost wage taxes.
Anyhow, here are some resources I hope can help since a lot has happened in the past few weeks with regard to the public health crisis.
- This reply was modified 7 months, 2 weeks ago by ali. Reason: Updated link to COVID-19. Added in some thoughts around the current state of the City with respect to tax abatement