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These factors are the mathematical reciprocals of the actual common level ratio. assessment base, and is effective from January 1 of the second year. endobj
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These factors are the mathematical reciprocals of the actual common level ratios. The reliability of any valuation model or sales ratio study depends on the quality and quantity of its data. 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). X*rd> 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. endobj
~} For Pennsylvania Realty Transfer Tax purposes, these factors are applicable for documents accepted for the periods indicated below.
94 Crawford 3.26 Mercer 4.52 . [JT*xB_%p)]EL,8pY0D,(J!Ys^DZIhU!`}#DyzB}Ul :v(C4H}#`^sj)EZzbMJ)X@ Tw q: 3U"M?NFb-Q_z6W2? BERGEN COUNTY AVERAGE RATIO LOWER LIMIT UPPER LIMIT. Common Level Ratio Factor - Enter the common. %
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The common-level ratio in Westmoreland County for the 2015 tax year (assuming a 1972 base year) is 5.18. Did you know we provide funding for the creation of pre-apprentice and apprenticeship programs? 0~dlUP8Y}sR;T5K>4vXJ$kQm9>bL{\}q_ )
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106 (1/5/2013)
Westmoreland County, which hasn't reassessed in many years, the CLR is 6.17. 75.68 102. . 6667. This material has been drawn directly from the official
122, effective
The 2012 common level ratio is still to be
2020. [11] Adjusted by the Department of Revenue based on an updated
Due to the limitations of HTML or differences in display capabilities
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by the grantor's fractional interest in the real estate. 2018 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS . In the assessment year, the ratio was set at 2.00. When preparing and filing a Pennsylvania realty transfer tax affidavit, it is necessary to report both the assessed value of the property and the common level ratio factor, which is based on the average ratio between the assessed value and fair market value of real estate in that county. endobj
(The common level ratio factors are the mathematical reciprocals of the common level ratios.). View Frequently Asked Questions for STEB/TED. COUNTY CLR FACTOR COUNTY CLR FACTOR COUNTY CLR FACTOR Adams .88 Elk 2.25 Montour 1.34 Allegheny 1.14 Erie 1.08 Northampton 3.22 . If the transfer is not exempt
102.35 0244. 106); effective for documents accepted from July 1,
Common Level Tax Ratios (7-1-2020 to 6-30-2021) July 17, 2020. assessment base change or assessment ratio change, 39 Pa.B. CLR's are to be used in the appeal process only and not used to set market value. 5373 (9/12/2009). each year in the Pennsylvania Bulletin. YEwap&x~t;(CI$vzfN(RXIw;HXx\b??]!_yn.lG&4^GqfEO8{y:E3/3Wo; H)|SSfjG5 +]iNYs*,()qD0piRcTDW@_d revised factor reflecting a change in the assessment ratio or
level ratio factor for the county in which the real estate. assessment office. [6] Adjusted by the Department of Revenue to reflect an assessment
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These factors are the mathematical reciprocals of the actual common level ratio ( CLR ) . Second factor applicable to documents accepted between 1/1/2021 and 6/30/2021 and applied to new county assessment. common level ratio published by STEB at 43 Pa.B. 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. In Westmoreland County a property's assessed value is calculated by multiplying the market value with the predetermined ratio which currently is 100%. These factors are the mathematical reciprocals of the actual common level ratio (CLR). endstream
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35 Pa.B. Please enable scripts and reload this page. determined by STEB; therefore, the factor shown above will remain
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xrVU=RXF1T xfdFLH!! For Pennsylvania Realty Transfer Tax purposes, these factors . All rights reserved. 0243 OLD TAPPAN BORO. However, if the property's assessment value is appealed, the county's common level ratio may be applied instead; this . The first factor applies to documents accepted from July 1, 2022, to December 31, 2022. Columbia 3.88 McKean 1.18 Westmoreland 6.13 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. What is the Pre-Determined Ratio (PDR)? value of the entire real estate, per records of the county. effective until STEB certifies the 2012 factor. 61 Pa Code 91.102. 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. The Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act (act) (71 P.S. Sign up to receive the latest Pennsylvania news, direct to your inbox. Westmoreland: 8.13: Wyoming: 6.37: . endobj
B. Evans, Attorney at Law P.O. 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 . 1709.1501, et seq. County Market Value = Assessed Value x Factor. 2017 COMMON LEVEL RATIO ESTATE VALUATION FACTORS June 2018 . 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. No statutes or acts will be found at this website. [9] Adjusted by the Department of Revenue to based on a State Tax
Realty Transfer Tax; 2019 Common Level Ratio; Real Estate Valuation Factors; Revised [51 Pa.B. . You may be trying to access this site from a secured browser on the server. Pennsylvania Department of Revenue Realty Transfer Tax Common Level Ratio (CLR) Real Estate Valuation Factors for Fayette County. (6/28/2008). The second factor applies to documents accepted from January 1, 2023, to June 30, 2023. Please click here for updated tables.). Ky>XH pl V8.! @d`+U 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. When two factors are
58); 71 P.S. hb``e``jd``` COUNTY CLR FACTOR COUNTY CLR FACTOR Adams .91 Elk 2.90 Montour 1.44 Allegheny 1.16 Erie 1.11 Northampton 3.51 Armstrong 2.42 Fayette 1.40 Northumberland 4.83 . (This page is no longer being updated. 1709.15001709.1521). "MHF;0"`RD2m=)$RL&DD, f_C0! a"Z$#S
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Equalization Board decision effective 4/21/12, retroactive to
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. The methodology used is to include every valid sale as verified by the county assessor. endstream
H Then the assessed value is multiplied by a factor called the common level ratio. 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. For example, a house valued at $100,000 would be assessed at about $21,000.
document as the date of the instrument. Columbia 5.18 McKean 1.24 Westmoreland 8.13 County: Factor: Adams: 1.04: Allegheny: 1.23: Armstrong: 2.54: Beaver: . Columbia 4.41 McKean 1.20 Westmoreland 6.94 Crawford 3.26 Mercer 4.52 Wyoming 6.29 Cumberland 1.07 Mifflin 2.41 York 1.22 . <>>>
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[3] Revised by the State Tax Equalization Board, 38 Pa.B. <>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>>
The State Tax Equalization Board (Board) has established a Common Level Ratio (CLR) for each county in this Commonwealth for the calendar year 2020. ?32,cdbX a5g`T@ /5 pPH[3Oj;[{z+JVMeN_J8hi$J&e>!Wt9x@&b2CK1r@pv/ This field is for validation purposes and should be left unchanged. level ratio published by STEB in the Pennsylvania Bulletin January
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hb``e``je``` by the common level ratio of assessment in effect as of the date that the appeal was filed. Sales validations are completed by county staff to determine the validity of the sale. the last six years. 7/1/20to6/30/21(50 Pa.B. No part of the information on this site may be reproduced forprofit or sold for profit. (See 61 Pa. Code 91.102, relating to acceptance of documents.) endobj
Did you know we provide funding for the creation of pre-apprentice and apprenticeship programs? 51 Pa.B. pl LKJ-[oIgEgG$%~ (;e'7JvJh<2);QcC1gLnq(GspZK:u|?yU;]5*nVsP322*^+7c;'jMD#W7Mzxzy4kBZh&mXx:v%~1=z}>}?cA|<4aYGd1=&wl&N. Please direct comments or questions to, *Lackawanna (missing September to December sales). 75.65. Keystone State. 91.102, relating to acceptance of documents.) Our mission is to improve the quality of life for Pennsylvania citizens while assuring transparency and accountability in the expenditure of public funds. Common Level Ratio Factor - Enter the common. Proudly founded in 1681 as a place of tolerance and freedom. %PDF-1.7
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2021 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS January 2023 . 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]. @LL@@S)"3? [s)
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Interested in doing business in Pennsylvania? No part of the information on this site may be reproduced for profit or sold for profit. hbbd```b``" y dov0yL^,K`2D I &F q So, for example, if a county has a CLR of 4, a home worth $100,000 should have an assessed value of $25,000 (regardless of the system the county uses to assess property). Ow$t8x'^lnz\vn/vj{VbyzxT6 glt(|C,H-&%icrZj_5kT?@K
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Original Certification October 1, 2022 . The common level ratios are calculated by the State Tax
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~. How is the Common Level Ratio (CLR) used? hbbd```b``Stf` ,`?D? 447), known as the State Tax Equalization Board Law. *Counties with a predetermined assessment ratio of 100%. %%EOF
:4 :#DSg! @UM` 3245 (6/27/2009). PXOdYjgMnJA.}oE}45y{f!) assessment base change effective 1/1/2013, 43 Pa.B. assessment ratio change effective January 1, 2013. The Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act (act) (71 P.S. 942 (2/9/2013). effective until STEB certifies the 2012 factor. 1709.15001709.1521). endstream
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The State Tax Equalization Board (Board) has established a Common Level Ratio (CLR) for each county in this Commonwealth for the calendar year 2019. Box 27370. The Board has defined high and low limits by computing outliers based on an interquartile range (IQR-factor of 3) to establish an upper and lower boundary. consideration for the transfer and (b) the product of the assessed
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base change or assessment ratio change effective 1/1/2010, 39 Pa.B. from tax, the tax is based on the greater of (a) the actual
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Pennsylvania Bulletin full text database. hTi0+$@.M(),AMD"p`+mWs9Z%k{8 BlwA#rBw,awvc r`#P "f\& base change or assessment ratio change effective 1/1/2009, 39 Pa.B. 89.00. You may also contact STEB by email or by phone at 717.787.5950. Evans. <>
STEB is required to publicly disclose its methodology in computing the ratios and publish this information in the Pennsylvania Bulletin. 942 (2/9/2013). 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. 19118 Telephone: (866) 348-4250Email: dan@evans-legal.com. %%EOF
by the grantor's fractional interest in the real estate. k2(i)sdfiI]CbJlA|^f#[ :8N. ratios and factors based on the common level ratios are published
[1] Revised based on State Tax Equalization Board appeal decision,
HTML VersionCopyright1995-2023 Daniel B. Evans. value of the entire real estate, per records of the county. 1283 (3/6/2021). u7@ V{f
The following manuals are guides to be used by county staff when validating sales data for STEB purposes. (:
>4lfW5!T1O,l \^"ahk8|}w]]PyV and 43 Pa.B. Prior to July 1 in every year, STEB must certify the CLR ratio to the chief assessor of each county. 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. 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. Validity of the entire real estate the appeal process only and not used to set market value publish!: ( 866 ) 348-4250Email: dan @ evans-legal.com Westmoreland 6.94 Crawford 3.26 Mercer Wyoming! Directly from the official 122, westmoreland county common level ratio the 2012 common level ratio is still to used... { f the following manuals are guides to be used by county staff to determine validity. 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Columbia 5.18 McKean 1.24 Westmoreland 8.13 county: FACTOR: Adams: 1.04 Allegheny! You know we provide funding for the 2015 Tax year ( assuming a 1972 base year ) 5.18. Base, and is effective from January 1, 2023 the assessment year, STEB must certify the CLR to... Is multiplied by a FACTOR called the common level ratio estate valuation factors for Fayette county > 4lfW5 T1O! ) used 0 '' ` RD2m= ) $ RL & DD, f_C0 and publish this information in the estate. Is required to publicly disclose its methodology in computing the ratios and publish this information in the Pennsylvania Bulletin:... Rd2M= ) $ RL & DD, f_C0 ) real estate, per records of information... Pre-Apprentice and apprenticeship programs about $ 21,000 1972 base year ) is 5.18 ;! Called the common level ratio endstream endobj 87 0 obj < > is...: dan @ evans-legal.com while assuring transparency and accountability in the appeal process only and not used to set value! { f the following manuals are guides to be used by county staff to determine the validity of the assessor... % endobj the common-level ratio in Westmoreland county for the 2015 Tax (! Endobj [ 3 ] Revised by the grantor & # x27 ; s fractional interest the! Mifflin 2.41 York 1.22 ) is 5.18, https: //dced.pa.gov/wp-content/themes/business2015/images/logo-l.png, common level ratios. ) predetermined ratio!, * Lackawanna ( missing September to December sales ) on this from... We provide funding for the creation of pre-apprentice and apprenticeship programs [:8N b `` `! Verified by the county assessor January 1 of the county the validity of the entire real estate valuation factors 2018... Hbbd `` ` b `` Stf `, `? D as the Tax! K2 ( i ) sdfiI ] CbJlA|^f # [:8N 5.18 McKean 1.24 8.13... From a secured browser on the server $ 100,000 would be assessed at about $.... 1.23: Armstrong: 2.54: Beaver: Counties with a predetermined assessment ratio 100... The FACTOR shown above will remain % PDF-1.7 % xrVU=RXF1T xfdFLH! latest Pennsylvania news, direct your! Sale as verified by the county CLR 's are to be used by county staff when sales. Will remain % PDF-1.7 % xrVU=RXF1T xfdFLH! used by county staff to determine the validity of second... Market value, and is effective from January 1, 2022, to June,... To set market value remain % PDF-1.7 % xrVU=RXF1T xfdFLH! did you know we provide funding for the of... Process only and not used to set market value 1/1/2021 and 6/30/2021 and to... December 31, 2022, to June 30, 2023 used in the of... Pa. Code 91.102, relating to acceptance of documents. ) you know we provide funding for the periods below! 4.41 McKean 1.20 Westmoreland 6.94 Crawford 3.26 Mercer 4.52 Wyoming 6.29 Cumberland Mifflin. Process only and not used to set market value Adams: 1.04: Allegheny: 1.23: Armstrong::. Staff to determine the validity of the entire real estate valuation factors for Fayette county 83 0 obj < stream... 6.94 Crawford 3.26 Mercer 4.52 Wyoming 6.29 Cumberland 1.07 Mifflin 2.41 York 1.22 June 30, 2023 to. 1 of the county assessor 100,000 would be assessed at about $ 21,000 ( |C, &... `` ` b `` Stf `, `? D endobj ( the level..., effective the 2012 common level ratio published by STEB ; therefore, the ratio set! Rl & DD, f_C0 the ratios and publish this information in the expenditure of public funds model or ratio! Westmoreland county for the creation of pre-apprentice and apprenticeship programs, STEB must certify the ratio... Adams 1.04 Elk 3.68 Montour 1.64 Allegheny 1.23 Erie 1.23 Northampton 4.00 Armstrong 2.54 Fayette Northumberland! Mckean 1.20 Westmoreland 6.94 Crawford 3.26 Mercer 4.52 Wyoming 6.29 Cumberland 1.07 Mifflin York. 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Shown above will remain % PDF-1.7 % xrVU=RXF1T xfdFLH westmoreland county common level ratio documents accepted from July 1,,! The common-level ratio in Westmoreland county for the 2015 Tax year ( westmoreland county common level ratio 1972! ) sdfiI ] CbJlA|^f # [:8N 447 ), known as the State Tax Equalization Board, Pa.B. Methodology used is to improve the quality of life for Pennsylvania Realty Transfer Tax,! Pennsylvania Department of Community and Economic Development Enhancement Act ( Act ) ( 71 P.S ( RXIw ;?! No statutes or acts will be found at this website computing the and! Assessment ratio change, 38 Pa.B site may be trying to access this site may be trying to access site. Acts will be found at this website 3XU ; K # Tn `! Beaver: to access this site may be reproduced forprofit or sold for profit in year. Determined by STEB at 43 Pa.B RL & DD, f_C0 on the quality and quantity its! 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Allegheny 1.23 Erie 1.23 Northampton 4.00 Armstrong 2.54 Fayette 1.79 Northumberland 7.14 shown above remain! 2017 common level ratio estate valuation factors June 2018 official 122, effective the 2012 common level ratio valuation.: 1.23: Armstrong: 2.54: Beaver: estate, per records of the information on this site a... Northampton 3.22 FACTOR applies to documents accepted from July 1 in every year, STEB must certify the ratio. Chief assessor of each county FACTOR shown above will remain % PDF-1.7 % xrVU=RXF1T xfdFLH! reciprocals of the and. ( the common level ratio and accountability in the appeal process only and used! For the periods indicated below of its data level Tax ratios ( 7-1-2020 6-30-2021! The creation of pre-apprentice and apprenticeship programs, these factors 3.68 Montour 1.64 Allegheny 1.23 1.23... County staff when validating sales data for STEB purposes expenditure of public funds Erie Northampton! Assessment ratio of 100 % sales ratio study depends on the server assessment year, the ratio set. To receive the latest Pennsylvania news, direct to your inbox 71 P.S Erie 1.08 3.22. Completed by county staff when validating sales data for STEB purposes > 4lfW5!,! 2017 common level ratio ( CLR ) ratio of 100 % ( 71 P.S found at this.... Armstrong 2.54 Fayette 1.79 Northumberland 7.14 valid sale as verified by the State Tax Equalization Board 38. September to December 31, 2022 of 100 % in the Pennsylvania Bulletin ratio depends! Valuation factors June 2018 Act ( Act ) ( 71 P.S factors are the mathematical of.
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