Erie County taxing authorities adjust...

Erie County taxing authorities adjusting for reassessment

There are 3 comments on the Erie Times News story from Nov 11, 2012, titled Erie County taxing authorities adjusting for reassessment. In it, Erie Times News reports that:

As he helped develop the city of Erie's proposed budget for 2013, Paul Lichtenwalter had to account for something new.

Join the discussion below, or Read more at Erie Times News.

TaxNoMore

South El Monte, CA

#1 Nov 12, 2012
The reassessment, the county's first in 10 years, boosted the taxable value of all the properties in the city by an estimated $670 million, to $3.17 billion from $2.5 billion.

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County Executive Barry Grossman says raises for everyone.

I gave everybody in county employment a raise this week-the average was 5 percent.

I wanted to help them handle the additional burdens the government will put on them in the next 4 years.
CRANK

Erie, PA

#2 Nov 12, 2012
Property values in the city increased by $670M. Since the last reassessment. Ya. Sure they did.
TaxNoMore

South El Monte, CA

#3 Nov 13, 2012
A municipality, such as the city of Erie, cannot increase revenue by more than 10 percent in the first year after a reassessment.

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10% of $670 million?

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Let the feast of the "Fatted Calf" begin.

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