PASSED

The enacted ordinance amended Philadelphia Code to authorize the School District of Philadelphia’s Board of Education to impose a real estate tax for 2003 and later years. It set the rate at $3.115 per $100 of assessed taxable property if a required certification was filed by June 28, 2002; otherwise, the rate would be $2.844 per $100, affecting taxable real estate in Philadelphia.

Amending Section 19-1801 The Philadelphia Code to further authorize the Board of Education of the School District of Philadelphia to impose a tax on real estate within the City of Philadelphia and to change the tax rate, under certain terms and conditions.