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AVI expert: Property values worse than before

A report commissioned by Controller Alan Butkovitz’s office has found the reassessment key to Mayor Nutter’s property tax reform effort, the Actual Value Initiative (AVI), to be vastly inaccurate and unfair – even more so than the broken system it was meant to replace.

Robert Strauss, economics and public policy professor at Carnegie Mellon University in Pittsburgh, found fault with Philadelphia's new property assessments.
Robert Strauss, economics and public policy professor at Carnegie Mellon University in Pittsburgh, found fault with Philadelphia's new property assessments.Read more