THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Chapter 19-1300 of The Philadelphia Code is amended to read as follows:
CHAPTER 19-1300. REAL ESTATE TAXES
§ 19-1301. Real Estate Taxes.
(1) For each of the following years, a tax is hereby levied at the following respective rates on each one hundred (100) dollars of the assessed value of taxable real property returned by the Board of Revision of Taxes in the year immediately preceding the stated year
, except that, for tax year 2013 only, the tax is levied on the assessed value of taxable real property returned by the Office of Property Assessment in 2011
:
Year of Tax Tax Rate
* * * * * *
2011 through 2012 $4.123
2013 and each year thereafter [$3.305]
$4.486
* * *
SECTION 2. Chapter 19-1800 of The Philadelphia Code is amended to read as follows:
CHAPTER 19-1800. SCHOOL TAX AUTHORIZATION
§ 19-1801. Authorization of Tax.
(1) The Board of Education of The School District of Philadelphia is authorized to impose an annual tax for school district purposes on real estate within the City of Philadelphia for the years 1964 through [2012]
2013
and thereafter.
(2) For each of the following years, the tax imposed by the Board of Education of the School District of Philadelphia shall be at the following respective rates on each one hundred dollars ($100) of assessed value of taxable real property as returned by the Board of Revisions of Taxes as the assessment made in the year immediately preceding the stated year
, except that, for tax year 2013 only, the tax shall be levied on the assessed value of taxable real property returned by the Office of Property Assessment in 2011
:
Year of Tax Tax Rate
* * * * * *
2012 $3.634
2013 and each year thereafter [$3.284]
$3.634
* * *
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Explanation:
[Brackets] indicate matter deleted.
Italics
indicate new matter added.
End