The Pennsylvania STEP COMMON LEVEL Ratio EFFECTIVE JULY 1, 2017 (33.1 KiB) is a document that outlines the Common Level Ratio (CLR) for real estate assessment in Pennsylvania. The CLR is a “statewide uniform ratio” that is used to calculate the “assessed value of real property for tax purposes.” Specifically, this document outlines the CLR for each county in Pennsylvania, effective July 1, 2017. The document is divided into two parts: the first identifies the county, its CLR, and the average ratio for the county; the second provides a detailed description of the calculation for each county’s CLR. Additionally, this document outlines the corresponding property tax relief that will be provided as a result of the new CLR. The Pennsylvania STEP COMMON LEVEL Ratio EFFECTIVE JULY 1, 2017 (33.1 KiB) is a valuable resource for those looking to understand the assessment of real estate in Pennsylvania and the corresponding tax relief.
Pennsylvania STEB COMMON LEVEL RATiO EFFECTIVE JULY 1 2017 (33.1 KiB)
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