New property tax assessments are coming in Philadelphia

Philadelphia is resuming property assessments after taking a year off.

Why it matters: Bigger bills are on the way for many property owners despite Mayor Cherelle Parker not proposing a citywide tax hike.

Driving the news: The city’s Office of Property Assessment will complete new assessments for Philly’s 580,000 properties later this spring, per the city’s proposed five-year plan…

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