Historic Common Level Ratio Declines Should Lead Pennsylvania Business Owners to Consider Annual Valuation Calls for Tax Year 2023 | McNees Wallace & Nurick LLC
With historic declines in common level ratios in all 67 counties of Pennsylvania from last year to this year, owners of commercial or industrial properties should review their assessed values for potential reductions for the 2023 tax year.
The deadline for calling the annual evaluation of August 1, 2022 for effective taxable values for the January 1, 2023 tax year is rapidly approaching for the following counties in Pennsylvania:
Adams, Bucks, Butler, Cambria, Chester, Dauphin, Erie, Fayette, Franklin, Indiana, Lackawanna, Lancaster, Lawrence, Lehigh, Lucerne, Monroe, Montgomery, Northampton and York.
The deadline for calling the annual evaluation of September 1, 2022 for effective assessed values for the January 1, 2023 tax year is on the horizon for the following Pennsylvania counties:
Armstrong, Beaver, Bedford, Blair, Bradford, Cameron, Carbon, Center, Clarion, Clearfield, Clinton, Columbia, Crawford, Cumberland, Wapiti, Forest, Fulton, Greene, Huntington, Jefferson, Juniata, Lebanon, Lycoming, McKean, Mercer, Mifflin, Montour, Northumberland, Perry, Pike, Potter, Schuylkill, Snyder, Somerset, Sullivan, Susquehanna, Tioga, Union, Venango, Warren, Washington and Westmoreland.
There are a few odd counties that must be different and so the annual assessment appeal deadline for Berks County is August 15, 2022 and Wyoming County is August 31, 2022. Philadelphia County is not not a specific date, but instead the annual call deadline is the first Monday in October, which is the 3rd this year. Allegheny County is the only county that has a deadline, March 31, which is in the year you are appealing. Thus, the appeal deadline for effective assessed values for the January 1, 2023 tax year in Allegheny County is March 31, 2023.
Wayne County is undergoing a county-wide reassessment, effective January 1, 2023, and as a result, all landowners in Wayne County will have 40 days to file a formal appeal with the County Council. County of Wayne’s appeal from the date the Notice of Assessment was sent. indicating the new taxable value as of January 1, 2023.
Each county has its own distinct set of local rules relating to appraisal appeals that must be gone through in order to successfully file an annual appraisal appeal. If you own or lease commercial or industrial properties in Pennsylvania, be sure to know these appeal deadlines.