For Immediate Release:
There is really good news for property owners in Allegheny County, PA concerning their property taxes. Recent developments concerning Allegheny County property assessments have created the best opportunity in twenty (20) years for commercial and residential property owners to lower their property taxes in 2023.
The Allegheny County tax appeal deadline is March 31, 2023.
2023 may be the best year ever to lower your property taxes because the “STEB RATIO” (State Tax Equalization Board (STEB) Common Level Ratio (CLR)) has dropped significantly for 2023 to 63.6%. This means that property assessments should only be 63.6% of their current market value. This is big news and a substantial drop as to what the STEB Ratio has been in recent years:
Basically this means every commercial and residential property owner (even owners who have recently been appealed by School Districts or who have already been through the appeal system) should be examining their property assessments and making sure that the current assessment is NOT higher than 63.6% of the current fair market value.
If you are not sure, we are happy to review your case and see if we can challenge the current property assessment. Simply, email us your property address at email@example.com and we will review your case for free.