Philadelphia Mayor Michael Nutter’s property tax bill could drop under the Actual Value Initiative (AVI), his plan to fix the city’s broken property tax system.
His home is worth $223,100, according to city assessors. Nutter estimates that his bill would drop by $460 to $588, depending on what property tax rate and relief measures are ultimately implemented.
Nutter says he will donate the savings to the School District’s accelerated program next year.
“I’m a big supporter of that program,” Nutter says.
The city also released data on how Nutter’s top aides would fare under AVI.
They range from potential bill decreases of $2,710 (for Finance Director Rob Dubow) to increases of $6,231 (for Angela Dowd-Burton, executive director of the Office of Economic Opportunity).
See below for the full list of new assessments for Nutter’s aides.