PA Department of Community and Economic Development. 106 (1/5/2013) value of the entire real estate, per records of the county. !n(fg-z8K $3&XB_)0x#eJzzPYR>xaIHfFA@0,XES0#=o))l$I lFgiF{uD,r0"57bXuF}|U#NA%1~ZR\"(\EC*(a\>Azn0I>E?hh=~OW]T.5=#%Z< All rights reserved. <> COMMON LEVEL RANGES FOR USE IN THE TAX YEAR 2023 . (See 61 Pa. Code 7/1/2011, 42 Pa.B. The State Tax Equalization Board (STEB) was initially established as an independent state administrative board by the act of June 27, 1947 (P.L. Proudly founded in 1681 as a place of tolerance and freedom. j!C Imn%!.K"$Nr4G\%F#9/aC1C[*H W" PXOdYjgMnJA.}oE}45y{f!) Columbia 4.41 McKean 1.20 Westmoreland 6 . Equalization Board decision effective 4/21/12, retroactive to 0243 OLD TAPPAN BORO. 160 0 obj <>/Filter/FlateDecode/ID[<01F2FFFA76D3B34D8F393153EC9F5505>]/Index[83 205]/Info 82 0 R/Length 218/Prev 354874/Root 84 0 R/Size 288/Type/XRef/W[1 3 1]>>stream 560 0 obj <>/Filter/FlateDecode/ID[<11247C7F511D7D4186AC90A06A98D106>]/Index[545 29]/Info 544 0 R/Length 83/Prev 106502/Root 546 0 R/Size 574/Type/XRef/W[1 3 1]>>stream County: Factor: Adams: 1.04: Allegheny: 1.23: Armstrong: 2.54: Beaver: . value of the entire real estate, per records of the county. @LL@@S)"3? [s) 5, 2013 (43 PaB. assessment base change or assessment ratio change, 38 Pa.B. :4 :#DSg! @UM` Sign up to receive the latest Pennsylvania news, direct to your inbox. [3] Revised by the State Tax Equalization Board, 38 Pa.B. The methodology used is to include every valid sale as verified by the county assessor. hb``e``jd``` Pa.B. 2018 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS . [7] Adjusted by the Department of Revenue based on a Boards xMHH>R#0fB (!Ze33()6OWW|$HKJ)\(8G When two factors are provided in the table for a range of dates, the second one is a revised factor reflecting a change in the assessment ratio or assessment base, and is effective from January 1 of the second year. 547 0 obj <>/Filter/FlateDecode/ID[<14BB5AE20BACC74184297F25C1391570>]/Index[532 29]/Info 531 0 R/Length 87/Prev 99953/Root 533 0 R/Size 561/Type/XRef/W[1 3 1]>>stream The common level ratios are calculated by the State Tax Box 27370. 83 0 obj <> endobj Ow$t8x'^lnz\vn/vj{VbyzxT6 glt(|C,H-&%icrZj_5kT?@K 2^ ](bcf3H4k4`B The following real estate valuation factors are based on sales data compiled by the State Tax Equalization Board. Due to the limitations of HTML or differences in display capabilities No part of the information on this site may be reproduced forprofit or sold for profit. Original Certification October 1, 2022 . Columbia 5.18 McKean 1.24 Westmoreland 8.13 Crawford 4.13 Mercer 6.49 Wyoming 6.37 Cumberland 1.14 Mifflin 3.28 York 1.32 . 5 0 obj CLR factors can be found on the Department of Revenue's web site at https://www.revenue.pa.gov/TaxTypes/RTT/Pages/Common%20Level%20Ratios.aspx. %PDF-1.7 % Columbia 3.88 McKean 1.18 Westmoreland 6.13 Sign up to receive the latest Pennsylvania news, direct to your inbox. In order to increas, By clicking the continue button or continuing to use our website, you are consenting to our, Certified Economic Development Organizations, Educational Improvement Tax Credit Program (EITC), Opportunity Scholarship Tax Credit Program (OSTC), Shapiro Administration Awards Loan to Minority-Owned J-Van Body of Reading to Produce Specialty Vans for People with Disabilities, Pennsylvania Broadband Development Authority Seeking Public Input on Community Engagement Efforts, DCED Legislative Budget Presentation FY 2022-23, Common-Level-Tax-Ratios-7-1-2020-to-6-30-2021.pdf. 2021 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS June 2021 . the last six years. Common Level Ratio Factor - Enter the common. 2866 (5/19/2012). <> ?32,cdbX a5g`T@ /5 pPH[3Oj;[{z+JVMeN_J8hi$J&e>!Wt9x@&b2CK1r@pv/ The State Tax Equalization Board (Board) has established a Common Level Ratio (CLR) for each county in this Commonwealth for the calendar year 2020. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S>> u7@ V{f H%gRq-JdE08OFFZ0qak vFF^op{L-[%a|WgY>x]e-Q'k? When two factors are Email: dan@evans-legal.com. [17]Adjusted by the Department of Revenue to reflect an assessment base change effective January 1, 2023. This outlier trimming is based on standards recommended by the International Association of Assessing Officers. 75.65. The ratio for westmoreland county in 2019 was 16.32%; 68 rows evans law office 101 old york road, suite 303 jenkintown, pa 19046 telephone: Common level ratio (clr) which is used to provide uniform assessment throughout the state of pennsylvania. Evans The common level ratio presently set for Westmoreland County by the Pennsylvania State Tax Equalization Board (STEB) is posted in the Assessment Office. endstream endobj 546 0 obj <>/Metadata 7 0 R/Pages 543 0 R/StructTreeRoot 11 0 R/Type/Catalog/ViewerPreferences 561 0 R>> endobj 547 0 obj <>/MediaBox[0 0 612 792]/Parent 543 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 548 0 obj <>stream [1] Revised based on State Tax Equalization Board appeal decision, [10] Adjusted by the Department of Revenue to reflect an provided in the table for a range of dates, the second one is a of different browsers, this version may differ slightly from the The Westmoreland County Board of Commissioners met in special session beginning at 12:00pm on Monday, March 29, 2021 at the Westmoreland County Courthouse, Room #101, 2 North Main Street, Greensburg, PA. %PDF-1.7 % 6667. Do not reduce the assessed value. i{vt-TDSvB}cy;Y= c4iClTjk|U>D>7o=fGOZl-Y@||{==i>Vo !wuuxQ2s uO*~6Y,~rg^ucZUM}0.Lwa/,W ! Md`lh` b^ January "MHF;0"`RD2m=)$RL&DD, f_C0! a"Z$#S Xd3X=`v f ,[E[ Ud] RlL(T `R D2&3L RiHkId`@/$Imm z,z vz 3_"o`Nv-2#NT%.`|\dPP6ivO+aDbmIr&p@sy-a70 5Lq5a./..;.[{ssU)f-sC"YX; -nw8d8zN{NbVIGo&M,*},EQSD?\[UYQ ]wv2]i7l3Wa 9~uTcSK_IuAy`O4~. ` - endobj 1709.1501, et seq. %%EOF County Assessed Value - Enter the actual assessed. endstream endobj 84 0 obj <><><><><><><><><>]/OFF[163 0 R 164 0 R 165 0 R]/Order[]/RBGroups[]>>/OCGs[163 0 R 164 0 R 165 0 R]>>/Outlines 52 0 R/PageLabels 76 0 R/Pages 78 0 R/Perms/Filter<>/PubSec<>>>/Reference[<>/Type/SigRef>>]/SubFilter/adbe.pkcs7.detached/Type/Sig>>>>/Type/Catalog/ViewerPreferences<>>> endobj 85 0 obj <>/Font<>/ProcSet[/PDF/Text]>>/Rotate 0/Tabs/W/Type/Page>> endobj 86 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream COUNTY CLR FACTOR COUNTY CLR FACTOR Adams 1.14 Elk 3.98 Montour 1.81 Allegheny 1.57 Erie 1.41 Northampton 4.61 . Interested in doing business in Pennsylvania? 6 0 obj endstream endobj 87 0 obj <>stream 942 (2/9/2013). HU_TWo"U`'ZMKd""vu-XKcQD]c]FF173kU}w[=|9#!k4sz$c9 Sr41y}16 No statutes or acts will be found at this website. Before you Start: The daily announcement of summoned jurors required to report is available on the web at: http://www.co.westmoreland.pa.us/index.aspx?NID=315 or by phone at 724.838.7000 after 5:00 pm the work day prior to scheduled date of service. e[!.j JIxm%\\aTstS. Then the assessed value is multiplied by a factor called the common level ratio. endobj from tax, the tax is based on the greater of (a) the actual The State Tax Equalization Board (Board) has established a Common Level Ratio (CLR) for each county in this Commonwealth for the calendar year 2020. effective until STEB certifies the 2012 factor. endstream endobj 536 0 obj <>stream You may be trying to access this site from a secured browser on the server. hb``e``je``` 5. property and the "common level ratio factor," which is No part of the information on this site may be reproduced for profit or sold for profit. . 1046, No. The mission of the Department of Community and Economic Development (DCED) is to foster opportunities for businesses to grow and for communities to succeed and thrive in a global economy. This field is for validation purposes and should be left unchanged. endobj P.O. _4fh)iX2z$bR90#[D 3245 (6/27/2009). Categories. k2(i)sdfiI]CbJlA|^f#[ :8N. 7/1/20to6/30/21(50 Pa.B. endstream endobj startxref These factors are the mathematical reciprocals of the actual common level ratios. endobj decision effective August 18, 2009, retroactive to July 1, 2009, 39 2020. Westmoreland: 8.13: Wyoming: 6.37: . <> 2013 Daniel B. YEwap&x~t;(CI$vzfN(RXIw;HXx\b??]!_yn.lG&4^GqfEO8{y:E3/3Wo; H)|SSfjG5 +]iNYs*,()qD0piRcTDW@_d *Counties with a predetermined assessment ratio of 100%. )Gc6 9f3M\ STEBs primary function is to determine the aggregate market value of taxable real property in each political subdivision and school district throughout Pennsylvania. These factors are the mathematical reciprocals of the actual common level ratio. County Market Value = Assessed Value x Factor. 3 0 obj LQ5th+Z|iI 5^H{tD1A%\Qz4 U$<3n}k (x\)4+U|%oUcT:s- h(UAZUU}W,e~Ov1d\2,w:Y.J[b?c!z/Y\1$7?}bM:A3F!Gd 2EMJ 8 \@LSE1k=@^)*0uH{-Nji}o=^Qs5!4A1s1.vj7!G  AND. 560 0 obj <>stream 7 0 obj endobj 4 0 obj Telephone: (866) 348-4250. The market values are certified annually to the Pennsylvania Department of Education and the respective school districts on or before July 1 of each year. B. Evans, Attorney at Law P.O. hbbd```b``Stf` ,`?D? Please click here for updated tables.). These factors are the mathematical reciprocals of the actual common level ratio (CLR). stream Please enable scripts and reload this page. When preparing and filing a Pennsylvania realty transfer tax level ratio factor for the county in which the real estate. Ky>XH pl V8.! compiled by the State Tax Equalization Board in 20 1 8 . <>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> %PDF-1.7 % 35 Pa.B. The table below shows the factors which have been in effect for the last six years. revised factor reflecting a change in the assessment ratio or These factors are the mathematical reciprocals of the actual common level ratio ( CLR ) . 58); 71 P.S. Pennsylvania Bulletin full text database. assessment base, and is effective from January 1 of the second year. [16] Adjusted by the Department of Revenue to reflect a county assessment base change effective 1/1/2021. View Frequently Asked Questions for STEB/TED. 1709.15001709.1521). hbbd```b`` The factor to apply to a particular transfer is Realty Transfer Tax; 2019 Common Level Ratio; Real Estate Valuation Factors; Revised [51 Pa.B. 287 0 obj <>stream The State Tax Equalization Board (Board) has established a Common Level Ratio (CLR) for each county in this Commonwealth for the calendar year 2019. Common Level Tax Ratios (7-1-2020 to 6-30-2021) July 17, 2020. The common-level ratio in Westmoreland County for the 2015 tax year (assuming a 1972 base year) is 5.18. The Pennsylvania Bulletin website includes the following: Rulemakings by State agencies; Proposed Rulemakings by State agencies; State agency notices; the Governors Proclamations and Executive Orders; Actions by the General Assembly; and Statewide and local court rules. STEB is required to publicly disclose its methodology in computing the ratios and publish this information in the Pennsylvania Bulletin. 0 by the grantor's fractional interest in the real estate. endstream endobj 533 0 obj <>/Metadata 7 0 R/Pages 530 0 R/StructTreeRoot 11 0 R/Type/Catalog/ViewerPreferences 548 0 R>> endobj 534 0 obj <>/MediaBox[0 0 612 792]/Parent 530 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 535 0 obj <>stream The factor to apply to a particular transfer is based on the date the document is accepted, which is rebuttably presumed to be the date specified in the body of the document as the date of the instrument. [8] Adjusted by the Department of Revenue to reflect an assessment HTML VersionCopyright1995-2023 Daniel B. Evans. xrVU=RXF1T xfdFLH!! Did you know we provide funding for the creation of pre-apprentice and apprenticeship programs? 2021 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS January 2023 . 51 Pa.B. 3740; 53 Pa.B. [6] Adjusted by the Department of Revenue to reflect an assessment endobj 1709.15001709.1521). Columbia 5.18 McKean 1.24 Westmoreland 8.13 File Type. In Westmoreland County a property's assessed value is calculated by multiplying the market value with the predetermined ratio which currently is 100%. 447), known as the State Tax Equalization Board Law. hT0y[. 10 0 obj )]h@S(`4mxE1zExMVa(KH3 KJMBO1J2JW;94]QYnmhT6{T 5373 (9/12/2009). NLgzsg value of real estate in that county. endobj assessment office. document as the date of the instrument. 122, effective COUNTY CLR FACTOR COUNTY CLR FACTOR Adams 1.04 Elk 3.68 Montour 1.64 Allegheny 1.23 Erie 1.23 Northampton 4.00 Armstrong 2.54 Fayette 1.79 Northumberland 7.14 . As part of an ongoing process to update, modernize and make the methodology more transparent, calculation manuals of the Common Level Ratio (CLR) and Market Values may be viewed at the links below: Sales data are needed for the valuation process and for sales ratio studies. H 91.102, relating to acceptance of documents.) base change or assessment ratio change effective 1/1/2010, 39 Pa.B. The reliability of any valuation model or sales ratio study depends on the quality and quantity of its data. In the assessment year, the ratio was set at 2.00. %PDF-1.5 Please direct comments or questions to, *Lackawanna (missing September to December sales). The following were present: Chairman Sean Kertes, Vice-Chairman Douglas W Chew, Secretary Gina Cerilli, Another important function of STEB is to annually establish the Common Level Ratio (CLR) of assessed value to current market value for each county in the Commonwealth utilizing statistically acceptable techniques, including sales ratio studies. 1283] [Saturday, March 6, 2021] The following real estate valuation factors are based on sales data compiled by the State Tax Equalization Board in 2019. endobj The second factor applies to documents accepted from January 1, 2023, to June 30, 2023. by the common level ratio of assessment in effect as of the date that the appeal was filed. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 10 0 R/Group<>/Tabs/S>> 8 0 obj Pennsylvania Department of Community and Economic Development, https://dced.pa.gov/wp-content/themes/business2015/images/logo-l.png, State Tax Equalization Board (STEB)/Tax Equalization Division (TED). hbbd```b``" y dov0yL^,K`2D I &F q Columbia 4.41 McKean 1.20 Westmoreland 6.94 Crawford 3.26 Mercer 4.52 Wyoming 6.29 Cumberland 1.07 Mifflin 2.41 York 1.22 . 106); effective for documents accepted from July 1, endstream endobj 549 0 obj <>stream 75.68 102. . For Pennsylvania . When preparing and filing a Pennsylvania realty transfer tax affidavit, it is necessary to report both the assessed value of the property and the "common level ratio factor," which is based on the average ratio between the assessed value and fair market value of real estate in that county. 20 1 8 C OMMON LEVEL RATIO REAL ESTATE V ALUATION FACTORS . All rights reserved. endobj How is the Common Level Ratio (CLR) used? (: >4lfW5!T1O,l \^"ahk8|}w]]PyV %%EOF <> Second factor applicable to documents accepted between 1/1/2021 and 6/30/2021 and applied to new county assessment. % JWoW||3l+MP 8@ Ulp' ?d rK0X C )G3E8dC$#M{^M\a>=,Xd`+ LL"L 106); effective for documents accepted from July 1, The state publishes Common Level Ratios (CLR) that represent the ratio of assessed values in a county to market value. ratios and factors based on the common level ratios are published 2012 to June 30, 2013. and 43 Pa.B. COUNTY CLR FACTOR COUNTY CLR FACTOR Adams 1.04 Elk 3.68 Montour 1.64 Allegheny 1.23 Erie 1.23 Northampton 4.00 Armstrong 2.54 Fayette 1.79 Northumberland 7.14 . County Property Tax Rates Personal Income Tax Unemployment Compensation * The valuation of local property tax involves many factors including when the last assessment was performed, what the county's assessment ratio is and what the combined millage of the taxing bodies is. These factors are the mathematical reciprocals of the actual common level ratio (CLR). 532 0 obj <> endobj 1308. <> Equalization Board based on sales data, and both the common level 0~dlUP8Y}sR;T5K>4vXJ$kQm9>bL{\}q_ ) Between 2019 and 2020 the population of Westmoreland County, PA declined from 352,590 to 350,722, a 0.53% decrease and its median household income grew from $60,471 to $61,398, a 1.53% increase. HTML Version Copyright 0 The Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act (act) (71 P.S. 2021 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS . Prior to July 1 in every year, STEB must certify the CLR ratio to the chief assessor of each county. P(d!4PVnPaJV+A#jKgl_B_#A4p^OY`7sAy9#xrBI :OZ`}_*3O7RZr0FG(VocB uHK&NZ9T 9j+beYRk!4&{xnC5Zxi.5JCc\Pjc1)zzmr\>TjGh^[: -^c8QB(.6 ApiYv#"-|ctudh3Sg;6`bNs2e B]OHV1L-O! Assessment is the basis upon which taxing authorities tax a property. Westmoreland County, which hasn't reassessed in many years, the CLR is 6.17. Pennsylvania Department of Revenue Realty Transfer Tax Common Level Ratio (CLR) Real Estate Valuation Factors for Fayette County. Common Level Ratio Factor - Enter the common. 53 Pa.B. 7163 (12/19/2009). The date of acceptance of a document is rebuttably presumed to be its date of execution, that is, the date specified in the body of the document as the date of the instrument. 5, 2013 (43 PaB. <> Columbia 5.78 McKean 1.24 Westmoreland 9.09 Crawford 4.69 Mercer 6.99 Wyoming 7.04 Cumberland 1.17 Mifflin 3.51 York 1.52 . stream Site Work and Design Provided by M&K Early Design Group, Common Level Ratios for Pennsylvania Realty Transfer Tax, Federal Estate and Gift Tax Rates and Exclusions, Software and Services for an Estates Practice, Eligible Institutions for Fiduciary Funds. 4 0 obj 1709.15001709.1521). (See 61 Pa. Code 91.102, relating to acceptance of documents.) Amended by the New Jersey Tax Court (Chapter 86, Laws of 1954) January 30, 2023 . [12] Adjusted by the State Tax Equalization Board to reflect an 5. X*rd> 545 0 obj <> endobj [Kfztg&rAZW Ce(0L 8CZU 1WU]Wp"p|bhTQ6"J1X !Sxd7JbI. The mission of the Department of Community and Economic Development (DCED) is to foster opportunities for businesses to grow and for communities to succeed and thrive in a global economy. value and the common level ratio factor. 1033 (2/18/2023). BERGEN COUNTY AVERAGE RATIO LOWER LIMIT UPPER LIMIT. (The common level ratio consideration for the transfer and (b) the product of the assessed ORADELL BORO 89.04. Westmoreland County: $157,200: $2,318: 1.47% . STEB is governed by the provisions of Chapter 15 of the Community and Economic Development Enhancement Act, the act of June 27, 1996 (P.L. <> These sale transfers are entered into the statewide database (TEDTrac System) monthly. ?SOEti assessment base change effective 1/1/2013, 43 Pa.B. Box 27370 Philadelphia, PA official printed version. endobj The Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act (act) (71 P.S. %PDF-1.7 The following manuals are guides to be used by county staff when validating sales data for STEB purposes. determined by STEB; therefore, the factor shown above will remain Sales validations are completed by county staff to determine the validity of the sale. HW[S8~L*,Lax&SC7$lb)GM'Yt3tpgY0~y Daniel B. Evans, Attorney at Law. endstream endobj startxref The Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act (act) (71 P.S. 403, No. %%EOF 19118 Telephone: (866) 348-4250Email: dan@evans-legal.com. COUNTY CLR FACTOR COUNTY CLR FACTOR Adams 1.14 Elk 3.98 Montour 1.81 Allegheny 1.57 Erie 1.41 Northampton 4.61 . The 2012 common level ratio is still to be 2017 COMMON LEVEL RATIO ESTATE VALUATION FACTORS June 2018 . % Pennsylvania Department of Community and Economic Development, https://dced.pa.gov/wp-content/themes/business2015/images/logo-l.png, Common Level Tax Ratios (7-1-2020 to 6-30-2021). This material has been drawn directly from the official Common Level Ratios Land Use All Sales Data Market Values STEB's primary function is to determine the aggregate market value of taxable real property in each political subdivision and school district throughout Pennsylvania. In order to increas, By clicking the continue button or continuing to use our website, you are consenting to our, Certified Economic Development Organizations, Educational Improvement Tax Credit Program (EITC), Opportunity Scholarship Tax Credit Program (OSTC), STEB Policy and Procedures Manual for CLR, STEB Policy and Procedures Manual for Market Values, STEB Sales Validation and Submission Operations Manual, Shapiro Administration Awards Loan to Minority-Owned J-Van Body of Reading to Produce Specialty Vans for People with Disabilities, Pennsylvania Broadband Development Authority Seeking Public Input on Community Engagement Efforts, DCED Legislative Budget Presentation FY 2022-23, Peter R. Barsz Chairman [Appointed: October 17, 2012]. Crawford 4.69 Mercer 6.99 Westmoreland 9.09 . Further defined in Pennsylvania law, "Common Level Ratio shall mean the ratio of assessed value to current market value used generally in the county as last determined by the State Tax Equalization Board (STEB)." How is the Common Level Ratio (CLR) calculated? 2021 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS . 94 Crawford 3.26 Mercer 4.52 . endstream endobj startxref If the transfer is not exempt Philadelphia, PA 19118. The basis on which the annual factor is determined, as noted above, are actual valid and arm's length sales reported from the counties to the state. For Pennsylvania Realty Transfer Tax purposes, these factors are applicable for documents accepted for the periods indicated below. Law Office Daniel And in Washington County, which just completed a reassessment, the CLR is 1.00. Assessment of Property Assessment of Property is done by the Westmoreland County Board of Assessments at the rate of approximately 21.1% of market value (common level ratio/2004). 3563 942 (2/9/2013). common level ratio published by STEB at 43 Pa.B. Y3 s3sYbz=ng,ec`8tF + <> [9] Adjusted by the Department of Revenue to based on a State Tax based on the date the document is "accepted," which is 1033). 89.00. (This page is no longer being updated. 61 Pa Code 91.102. by the grantor's fractional interest in the real estate. hb```f`0``g`*bb@ !6(N001f When preparing and filing a Pennsylvania realty transfer tax affidavit, it is necessary to report both the assessed value of the property and the common level ratio factor, which is based on the average ratio between the assessed value and fair market value of real estate in that county. <> [4] Adjustments made by the Department of Revenue to reflect an Interested in doing business in Pennsylvania? 2012 to June 30, 2013. County Assessed Value - Enter the actual assessed. Do not reduce the assessed value. CLR's are to be used in the appeal process only and not used to set market value. PA Department of Community and Economic Development. 1 0 obj 2 0 obj base change or assessment ratio change effective 1/1/2009, 39 Pa.B. For Pennsylvania Realty Transfer Tax purposes, these factors . CLT . ratio change effective January 1, 2007. 294. However, if the property's assessment value is appealed, the county's common level ratio may be applied instead; this . 3349;51 Pa.B. stream You may also contact STEB by email or by phone at 717.787.5950. 1365 7/1/2012, 43 Pa.B. (3/14/2009). Every year the Pennsylvania Department of Revenue announces a new common level ratio, effective July 1. . HW[OH~0*"!BEB!1`)S{-o_ eMf[Upl`^M5:Vh> Si C(fu4QvtOFKG01BAC7{~opJQ@~Ay>@joo|'CTOo=t 8F,N|8h~ob The common level ratios are calculated by the State Tax Equalization Board based on sales data, and both the common level ratios and factors based on the common level ratios are published each year in the Pennsylvania Bulletin. The first factor applies to documents accepted from July 1, 2022, to December 31, 2022. 573 0 obj <>stream COUNTY CLR FACTOR COUNTY CLR FACTOR COUNTY CLR FACTOR Adams .88 Elk 2.25 Montour 1.34 Allegheny 1.14 Erie 1.08 Northampton 3.22 . For example, a house valued at $100,000 would be assessed at about $21,000. 1283), 7/1/22to6/30/23(52 Pa.B. 1 0 obj level ratio factor for the county in which the real estate. > A-w0 m;pnSwqgqJ%Nq94bMPC;YiSnXs~4!42btvZA=Jl"! ~} Keystone State. The Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act (act) (71 P.S. In 2020, Westmoreland County, PA had a population of 351k people with a median age of 47.2 and a median household income of $61,398. 9 0 obj endobj [JT*xB_%p)]EL,8pY0D,(J!Ys^DZIhU!`}#DyzB}Ul :v(C4H}#`^sj)EZzbMJ)X@ Tw q: 3U"M?NFb-Q_z6W2? The resulting arithmetic median ratio is the ratio which the Board is certifying as the CLR for each county for 2020. Category: Real Estate . [2] Adjusted by the Department of Revenue to reflect assessment $z JJ3JpuBA}Cju_pD[3cr%@e_2fA So, for example, if a county has a CLR of 4, a home worth $100,000 should have an assessed value of $25,000 (regardless of the system the county uses to assess property). No statutes or acts will be found at this website. <>>> If the transfer is not exempt from tax, the tax is based on the greater of (a) the actual consideration for the transfer and (b) the product of the assessed value and the common level ratio factor. [13] Adjusted by the Department of Revenue based on updated common The statistically acceptable technique which the Board used for the 2020 CLR is to determine the arithmetic median of the individual sales ratios for every valid sale received from the county for the calendar year 2020. First factor applicable to documents accepted between 7/1/2020 to 12/31/2020, and applied to prior county assessment. endstream Evans Law Office. pl LKJ-[oIgEgG$%~ (;e'7JvJh<2);QcC1gLnq(GspZK:u|?yU;]5*nVsP322*^+7c;'jMD#W7Mzxzy4kBZh&mXx:v%~1=z}>}?cA|<4aYGd1=&wl&N. After the boundary limits are defined, the Board has utilized the remaining valid sales, rejecting those sales which exceed the limits.