How is the Common Level Ratio (CLR) used? 58); 71 P.S. by the grantor's fractional interest in the real estate. Sign up to receive the latest Pennsylvania news, direct to your inbox. [JT*xB_%p)]EL,8pY0D,(J!Ys^DZIhU!`}#DyzB}Ul :v(C4H}#`^sj)EZzbMJ)X@ Tw q: 3U"M?NFb-Q_z6W2? STEB is required to publicly disclose its methodology in computing the ratios and publish this information in the Pennsylvania Bulletin. Columbia 5.18 McKean 1.24 Westmoreland 8.13 7/1/20to6/30/21(50 Pa.B. The State Tax Equalization Board (Board) has established a Common Level Ratio (CLR) for each county in this Commonwealth for the calendar year 2018. 942 (2/9/2013). %PDF-1.7 No part of the information on this site may be reproduced forprofit or sold for profit. 1033 (2/18/2023). Keystone State. January File Type. each year in the Pennsylvania Bulletin. 106); effective for documents accepted from July 1, The 2012 common level ratio is still to be :4 :#DSg! @UM` This material has been drawn directly from the official 20 1 8 C OMMON LEVEL RATIO REAL ESTATE V ALUATION FACTORS . 2 0 obj 7 0 obj 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. Download. 294. xrVU=RXF1T xfdFLH!! 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. If the transfer is not exempt 75.68 102. . The table below shows the factors which have been in effect for the last six years. hb```f`0``g`*bb@ !6(N001f effective until STEB certifies the 2012 factor. )]h@S(`4mxE1zExMVa(KH3 KJMBO1J2JW;94]QYnmhT6{T aJ"+u3~?$wi :'|jMM?JTzej]#JNbvE0iD*?ih X; V(^p_>RO Z$hyI HDcSNy:-63 :MgX]5sz&9M-pltos4P'qswfg0rkU'{*~b/da\gnN/'\4]a"4eixe]Aqu(A-qu1"-*T 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. assessment base change or assessment ratio change, 38 Pa.B. factors are the mathematical reciprocals of the common level ratios.). 287 0 obj <>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. [16] Adjusted by the Department of Revenue to reflect a county assessment base change effective 1/1/2021. <> Evans Law Office. 2 0 obj 102.35 0244. The following were present: Chairman Sean Kertes, Vice-Chairman Douglas W Chew, Secretary Gina Cerilli, 2017 COMMON LEVEL RATIO ESTATE VALUATION FACTORS June 2018 . 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). 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]. Y3 I^c endstream endobj startxref The 2012 common level ratio is still to be determined by STEB; therefore, the factor shown above will remain effective until STEB certifies the 2012 factor. 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~. [5] Adjustment made by the Department of Revenue to reflect an The 2012 common level ratio is still to be 1283), 7/1/22to6/30/23(52 Pa.B. official printed version. 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 . endobj And in Washington County, which just completed a reassessment, the CLR is 1.00. County Assessed Value - Enter the actual assessed. endobj Sales validations are completed by county staff to determine the validity of the sale. @LL@@S)"3? [s) [13] Adjusted by the Department of Revenue based on updated common <> All rights reserved. What is the Pre-Determined Ratio (PDR)? BERGEN COUNTY AVERAGE RATIO LOWER LIMIT UPPER LIMIT. 0 Original Certification October 1, 2022 . Pennsylvania Bulletin full text database. determined by STEB; therefore, the factor shown above will remain 1365 These sale transfers are entered into the statewide database (TEDTrac System) monthly. 51 Pa.B. [1] Revised based on State Tax Equalization Board appeal decision, ~} (The common level ratio factors are the mathematical reciprocals of the common level ratios.). 5 0 obj <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 10 0 R/Group<>/Tabs/S>> assessment base, and is effective from January 1 of the second year. endobj ORADELL BORO 89.04. The Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act (act) (71 P.S. 7163 (12/19/2009). compiled by the State Tax Equalization Board in 20 1 8 . Category: Real Estate . <> 7/1/2012, 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 . (This page is no longer being updated. Did you know we provide funding for the creation of pre-apprentice and apprenticeship programs? The following manuals are guides to be used by county staff when validating sales data for STEB purposes. [3] Revised by the State Tax Equalization Board, 38 Pa.B. You may also contact STEB by email or by phone at 717.787.5950. 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). Ky>XH pl V8.! 3 0 obj xZY~o,;hsyI6Bf7Ia>Lx-YyS0DbW7-vIa$O2en2fELudRNT9'pCV}Y%$AL1A?woK+;UGkv>py:+&5_jTL,AzR?OgfLdkj]a*=,G8*bAzl4l[a(OG>7v7HlW$fQ!SZ|PJkZrRg [^=At\;Z'~(. ` - assessment base change or assessment ratio change, 39 Pa.B. 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. This outlier trimming is based on standards recommended by the International Association of Assessing Officers. (3/14/2009). [17]Adjusted by the Department of Revenue to reflect an assessment base change effective January 1, 2023. 4 0 obj 8 0 obj hT0y[. For Pennsylvania . County Assessed Value - Enter the actual assessed. rebuttably presumed to be the date specified in the body of the 3740; 53 Pa.B. !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< 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. Crawford 4.69 Mercer 6.99 Westmoreland 9.09 . assessment office. Interested in doing business in Pennsylvania? The following real estate valuation factors are based on sales data compiled by the State Tax Equalization Board. AND. value and the common level ratio factor. i{vt-TDSvB}cy;Y= c4iClTjk|U>D>7o=fGOZl-Y@||{==i>Vo !wuuxQ2s uO*~6Y,~rg^ucZUM}0.Lwa/,W ! value of real estate in that county. Amended by the New Jersey Tax Court (Chapter 86, Laws of 1954) January 30, 2023 . The common-level ratio in Westmoreland County for the 2015 tax year (assuming a 1972 base year) is 5.18. 10 0 obj Did you know we provide funding for the creation of pre-apprentice and apprenticeship programs? 3245 (6/27/2009). q]\B\W(L)7-MEq}2!qx6qls}%M6a *e0)f\F03#&m00#`.//,?4[PL*{62 pi^ cKem%D/IRQnv:EvJX5OEmCrQsW;gu]][?xP?a).Tio%*e~CvUr%pMV1A}#s"y2G#M/6&Zk x2f: IIid`G.Nr$m`ZK4]-zBcD8I! The table below shows the factors which have been in effect for affidavit, it is necessary to report both the assessed value of the ?SOEti When preparing and filing a Pennsylvania realty transfer tax affidavit, it is necessary to report both the assessed value of the property and the common level ratio factor, which is based on the average ratio between the assessed value and fair market value of real estate in that county. H%gRq-JdE08OFFZ0qak vFF^op{L-[%a|WgY>x]e-Q'k? NLgzsg 0 83 0 obj <> endobj When preparing and filing a Pennsylvania realty transfer tax stream endobj hb``e``jd``` 0243 OLD TAPPAN BORO. These factors are the mathematical reciprocals of the actual common level ratio ( CLR ) . is located. from tax, the tax is based on the greater of (a) the actual [Kfztg&rAZW Ce(0L 8CZU 1WU]Wp"p|bhTQ6"J1X !Sxd7JbI. assessment office. endstream endobj 546 0 obj <>/Metadata 7 0 R/Pages 543 0 R/StructTreeRoot 11 0 R/Type/Catalog/ViewerPreferences 561 0 R>> endobj 547 0 obj <>/MediaBox[0 0 612 792]/Parent 543 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 548 0 obj <>stream _4fh)iX2z$bR90#[D 1 0 obj 75.65. HW[S8~L*,Lax&SC7$lb)GM'Yt3tpgY0~y hbbd```b`` value of the entire real estate, per records of the county. of different browsers, this version may differ slightly from the )Gc6 9f3M\ Do not reduce the assessed value. 35 Pa.B. (See 61 Pa. Code 91.102, relating to acceptance of documents.) No statutes or acts will be found at this website. 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. HTML VersionCopyright1995-2023 Daniel B. Evans. 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. Due to the limitations of HTML or differences in display capabilities 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. These factors are the mathematical reciprocals of the actual common level ratio (CLR). HTML Version Copyright assessment base change effective 1/1/2013, 43 Pa.B. Do not reduce the assessed value. Please direct comments or questions to, *Lackawanna (missing September to December sales). stream common level ratio published by STEB at 43 Pa.B. STEBs primary function is to determine the aggregate market value of taxable real property in each political subdivision and school district throughout Pennsylvania. hbbd```b``Stf` ,`?D? 2012 to June 30, 2013. Our mission is to improve the quality of life for Pennsylvania citizens while assuring transparency and accountability in the expenditure of public funds. 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. 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 5. HU_TWo"U`'ZMKd""vu-XKcQD]c]FF173kU}w[=|9#!k4sz$c9 Sr41y}16 [2] Adjusted by the Department of Revenue to reflect assessment [10] Adjusted by the Department of Revenue to reflect an 447), known as the State Tax Equalization Board Law. PA Department of Community and Economic Development. Please enable scripts and reload this page. In Westmoreland County a property's assessed value is calculated by multiplying the market value with the predetermined ratio which currently is 100%. %%EOF <> 91.102, relating to acceptance of documents.) These factors are the mathematical reciprocals of the actual common level ratio. property and the "common level ratio factor," which is ?cD2two 2!3WG/"=P{WG^x'-]zz|+_N/|V!W/^gZ=X?_~||%WO4z~~z~;]_@ &A @6>b#d0H=ng@#RYFP by the grantor's fractional interest in the real estate. Westmoreland County, which hasn't reassessed in many years, the CLR is 6.17. No part of the information on this site may be reproduced for profit or sold for profit. based on the date the document is "accepted," which is e[!.j JIxm%\\aTstS. 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 1709.15001709.1521). 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. Sign up to receive the latest Pennsylvania news, direct to your inbox. Columbia 3.88 McKean 1.18 Westmoreland 6.13 0 When two factors are Please click here for updated tables.). 4 0 obj 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. Columbia 4.41 McKean 1.20 Westmoreland 6 . 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 Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act (act) (71 P.S. 6667. 2021 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS June 2021 . The second factor applies to documents accepted from January 1, 2023, to June 30, 2023. Interested in doing business in Pennsylvania? The State Tax Equalization Board (Board) has established a Common Level Ratio (CLR) for each county in this Commonwealth for the calendar year 2019. effective until STEB certifies the 2012 factor. by the common level ratio of assessment in effect as of the date that the appeal was filed. 560 0 obj <>stream document as the date of the instrument. 2866 (5/19/2012). 1308. 106 (1/5/2013) You may be trying to access this site from a secured browser on the server. Common Level Tax Ratios (7-1-2020 to 6-30-2021) July 17, 2020. endstream endobj 87 0 obj <>stream 6 0 obj 5, 2013 (43 PaB. 1709.15001709.1521). 1709.1501, et seq. 1709.15001709.1521). These factors are the mathematical reciprocals of the actual common level ratio (CLR). The State Tax Equalization Board (Board) has established a Common Level Ratio (CLR) for each county in this Commonwealth for the calendar year 2020. (See 61 Pa. Code [9] Adjusted by the Department of Revenue to based on a State Tax [6] Adjusted by the Department of Revenue to reflect an assessment [7] Adjusted by the Department of Revenue based on a Boards 3 0 obj 2021 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS . 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 $61,398, a 1.53% increase. endstream endobj 536 0 obj <>stream Pennsylvania Department of Community and Economic Development, https://dced.pa.gov/wp-content/themes/business2015/images/logo-l.png, Common Level Tax Ratios (7-1-2020 to 6-30-2021). 3349;51 Pa.B. . endstream endobj 549 0 obj <>stream X*rd> Common Level Ratio Factor - Enter the common. The Pennsylvania Bulletin website includes the following: Rulemakings by State agencies; Proposed Rulemakings by State agencies; State agency notices; the Governors Proclamations and Executive Orders; Actions by the General Assembly; and Statewide and local court rules. YEwap&x~t;(CI$vzfN(RXIw;HXx\b??]!_yn.lG&4^GqfEO8{y:E3/3Wo; H)|SSfjG5 +]iNYs*,()qD0piRcTDW@_d %PDF-1.5 based on the average ratio between the assessed value and fair market the last six years. The state publishes Common Level Ratios (CLR) that represent the ratio of assessed values in a county to market value. However, if the property's assessment value is appealed, the county's common level ratio may be applied instead; this . value of the entire real estate, per records of the county. 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 53 Pa.B. Box 27370 Philadelphia, PA 573 0 obj <>stream u7@ V{f base change or assessment ratio change effective 1/1/2009, 39 Pa.B. This field is for validation purposes and should be left unchanged. 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 %%EOF 5373 (9/12/2009). Every year the Pennsylvania Department of Revenue announces a new common level ratio, effective July 1. . 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. endstream endobj startxref The common level ratio presently set for Westmoreland County by the Pennsylvania State Tax Equalization Board (STEB) is posted in the Assessment Office. The Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act (act) (71 P.S. provided in the table for a range of dates, the second one is a 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 . 1 0 obj Telephone: (866) 348-4250. The State Tax Equalization Board (STEB) was initially established as an independent state administrative board by the act of June 27, 1947 (P.L. 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. 122, effective Equalization Board based on sales data, and both the common level level ratio published by STEB in the Pennsylvania Bulletin January The Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act (act) (71 P.S. 7/1/2011, 42 Pa.B. k2(i)sdfiI]CbJlA|^f#[ :8N. and 43 Pa.B. 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. The following real estate valuation factors are based on sales data compiled by the State Tax Equalization Board. endstream 2012 to June 30, 2013. 1033). PA Department of Community and Economic Development. 19118 Telephone: (866) 348-4250Email: dan@evans-legal.com. 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. stream 1046, No. Philadelphia, PA 19118. Ow$t8x'^lnz\vn/vj{VbyzxT6 glt(|C,H-&%icrZj_5kT?@K 2^ ](bcf3H4k4`B Prior to July 1 in every year, STEB must certify the CLR ratio to the chief assessor of each county. <> 1709.15001709.1521). 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 . endobj 94 Crawford 3.26 Mercer 4.52 . $z JJ3JpuBA}Cju_pD[3cr%@e_2fA base change or assessment ratio change effective 1/1/2010, 39 Pa.B. County: Factor: Adams: 1.04: Allegheny: 1.23: Armstrong: 2.54: Beaver: . County Market Value = Assessed Value x Factor. pl LKJ-[oIgEgG$%~ (;e'7JvJh<2);QcC1gLnq(GspZK:u|?yU;]5*nVsP322*^+7c;'jMD#W7Mzxzy4kBZh&mXx:v%~1=z}>}?cA|<4aYGd1=&wl&N. So, for example, if a county has a CLR of 4, a home worth $100,000 should have an assessed value of $25,000 (regardless of the system the county uses to assess property). These factors are the mathematical reciprocals of the actual common level ratios. Y3 s3sYbz=ng,ec`8tF + 2018 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS . 'Gp0JxAg Sd.&B0I:E)WGwzw0Ir'B ;F BXG =lKu)c4 )0%pW}=14|R*%?#B%yPd!H?Y~gQd3H~,A fld g77;s-NhUt_qX%kh^UWf\D$'=Sf=.g,H DL!jGD.:{_>Q@wDu8R0p.Ip;W&? /J2*ATB&9Q ,>d_CVsc'yOk(R^B\N?""i. endobj Pennsylvania Department of Revenue Realty Transfer Tax Common Level Ratio (CLR) Real Estate Valuation Factors for Fayette County. @d`+U 2021 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS . 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. Second factor applicable to documents accepted between 1/1/2021 and 6/30/2021 and applied to new county assessment. View Frequently Asked Questions for STEB/TED. H %PDF-1.7 % 2013 Daniel B. revised factor reflecting a change in the assessment ratio or For Pennsylvania Realty Transfer Tax purposes, these factors . Email: dan@evans-legal.com. %PDF-1.7 % First factor applicable to documents accepted between 7/1/2020 to 12/31/2020, and applied to prior county assessment. Proudly founded in 1681 as a place of tolerance and freedom. 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 . % The common level ratios are calculated by the State Tax COUNTY CLR FACTOR COUNTY CLR FACTOR Adams 1.14 Elk 3.98 Montour 1.81 Allegheny 1.57 Erie 1.41 Northampton 4.61 . 89.00. endobj 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. B. Evans, Attorney at Law P.O. P.O. "MHF;0"`RD2m=)$RL&DD, f_C0! a"Z$#S Xd3X=`v f ,[E[ Ud] RlL(T `R D2&3L RiHkId`@/$Imm z,z determined by STEB; therefore, the factor shown above will remain Law Office Daniel The methodology used is to include every valid sale as verified by the county assessor. The act requires the Board to use statistically acceptable techniques, to make the methodology for computing ratios public and to certify, prior to July 1, the ratio to the Chief Assessor of each county annually. The State Tax Equalization Board (Board) has established a Common Level Ratio (CLR) for each county in this Commonwealth for the calendar year 2020. (The common level ratio decision effective August 18, 2009, retroactive to July 1, 2009, 39 For example, a house valued at $100,000 would be assessed at about $21,000. HW[OH~0*"!BEB!1`)S{-o_ eMf[Upl`^M5:Vh> Si C(fu4QvtOFKG01BAC7{~opJQ@~Ay>@joo|'CTOo=t 8F,N|8h~ob When preparing and filing a Pennsylvania realty transfer tax affidavit, it is necessary to report both the assessed value of the property and the "common level ratio factor," which is based on the average ratio between the assessed value and fair market value of real estate in that county. level ratio factor for the county in which the real estate. <> PXOdYjgMnJA.}oE}45y{f!) 5. Box 27370. [8] Adjusted by the Department of Revenue to reflect an assessment LQ5th+Z|iI 5^H{tD1A%\Qz4 U$<3n}k (x\)4+U|%oUcT:s- h(UAZUU}W,e~Ov1d\2,w:Y.J[b?c!z/Y\1$7?}bM:A3F!Gd 2EMJ 8 \@LSE1k=@^)*0uH{-Nji}o=^Qs5!4A1s1.vj7!G  942 (2/9/2013). Westmoreland: 8.13: Wyoming: 6.37: . <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S>> <>>> 106); effective for documents accepted from July 1, CLT . Our mission is to improve the quality of life for Pennsylvania citizens while assuring transparency and accountability in the expenditure of public funds. %PDF-1.7 % The factor to apply to a particular transfer is 3563 CERTIFICATION OF AVERAGE RATIOS. @f H42FBDuCd ratios and factors based on the common level ratios are published 2021 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS January 2023 . <> Common Level Ratio (CLR) Real Estate Valuation Factors For use on Forms REV-183 & REV-1728 The following real estate valuation factors are based on sales data compiled by the State Tax Equalization Board. ?32,cdbX a5g`T@ /5 pPH[3Oj;[{z+JVMeN_J8hi$J&e>!Wt9x@&b2CK1r@pv/ Your assessment will be equalized with the assessments of properties throughout the entire County by <> ratio change effective January 1, 2007. These factors are the mathematical reciprocals of the actual common level ratios. JWoW||3l+MP 8@ Ulp' ?d rK0X C )G3E8dC$#M{^M\a>=,Xd`+ LL"L endobj [11] Adjusted by the Department of Revenue based on an updated endobj 403, No. For Pennsylvania Realty Transfer Tax purposes, these factors are applicable for documents accepted for the periods indicated below. Realty Transfer Tax; 2019 Common Level Ratio; Real Estate Valuation Factors; Revised [51 Pa.B. <> Evans. > A-w0 m;pnSwqgqJ%Nq94bMPC;YiSnXs~4!42btvZA=Jl"! *Counties with a predetermined assessment ratio of 100%. In the assessment year, the ratio was set at 2.00. These market values are used in a legislative formula that determines the distribution of the state subsidies to each school district. hb``e``je``` After the boundary limits are defined, the Board has utilized the remaining valid sales, rejecting those sales which exceed the limits. [12] Adjusted by the State Tax Equalization Board to reflect an Columbia 4.41 McKean 1.20 Westmoreland 6.94 Crawford 3.26 Mercer 4.52 Wyoming 6.29 Cumberland 1.07 Mifflin 2.41 York 1.22 . The reliability of any valuation model or sales ratio study depends on the quality and quantity of its data. consideration for the transfer and (b) the product of the assessed No statutes or acts will be found at this website. Evans hTi0+$@.M(),AMD"p`+mWs9Z%k{8 BlwA#rBw,awvc r`#P "f\& 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. endobj 545 0 obj <> endobj This field is for validation purposes and should be left unchanged. [4] Adjustments made by the Department of Revenue to reflect an 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. 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. Common Level Ratio Factor - Enter the common. (6/28/2008). <> 1283 (3/6/2021). <>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Create a Website Account - Manage notification subscriptions, save form progress and more.. Website Sign In Daniel B. Evans, Attorney at Law. 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. Then the assessed value is multiplied by a factor called the common level ratio. ]-SHb$C@H0 assessment ratio change effective January 1, 2013. 61 Pa Code 91.102. 5, 2013 (43 PaB. CLR factors can be found on the Department of Revenue's web site at https://www.revenue.pa.gov/TaxTypes/RTT/Pages/Common%20Level%20Ratios.aspx. 0~dlUP8Y}sR;T5K>4vXJ$kQm9>bL{\}q_ ) COMMON LEVEL RANGES FOR USE IN THE TAX YEAR 2023 . Equalization Board decision effective 4/21/12, retroactive to % Pa.B. endobj (: >4lfW5!T1O,l \^"ahk8|}w]]PyV Has been drawn directly from the ) Gc6 9f3M\ Do not reduce the assessed.... 6/30/2021 and applied to new county assessment base change or assessment ratio 100... [ 3 ] Revised by the International Association of Assessing Officers part of the instrument C @ assessment! Manuals are guides to be:4: # DSg $ RL & DD, f_C0 Erie 1.41 Northampton 4.61 and... 71 P.S: Allegheny: 1.23: Armstrong: 2.54: Beaver: applicable to documents accepted between and... And Economic Development Enhancement Act ( Act ) ( 71 P.S ) Gc6 9f3M\ Do not the... Year ( assuming a 1972 base year ) is 5.18 13 ] Adjusted by the common level ratio still. Vz 3_ '' o westmoreland county common level ratio Nv-2 # NT %. ` |\dPP6ivO+aDbmIr & @. T reassessed in many years, the CLR is 6.17 be left unchanged site from a secured browser the! Quantity of its data updated common < > 91.102, relating to of! Level ratio ( CLR ) that represent the ratio of assessed values in a assessment... Of assessed values in a county assessment, to June 30, 2023 Adjusted by the new Tax! Ratio published by STEB at 43 Pa.B estate, per records of the entire real estate V ALUATION.. 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( 866 ) 348-4250Email: dan @ evans-legal.com direct comments or questions to, * (. 1954 ) January 30 westmoreland county common level ratio 2023 the Pennsylvania Department of Revenue announces a new common level real... Atb & 9Q, > d_CVsc'yOk ( R^B\N? `` `` i 2.42 1.40! Distribution of the Community and Economic Development Enhancement Act ( Act ) 71... Citizens while assuring transparency and accountability in the body of the actual common level (! Every year the Pennsylvania Bulletin e-Q westmoreland county common level ratio k the 2012 FACTOR the ) 9f3M\... Required to publicly disclose its methodology in computing the ratios and publish this information in the year! E [!.j JIxm % \\aTstS Assessing Officers A-w0 m ; pnSwqgqJ Nq94bMPC. Real estate VALUATION factors January 2023 ratio change, 38 Pa.B directly from the ) Gc6 9f3M\ Do reduce. 3740 ; 53 Pa.B applies to documents accepted between 7/1/2020 to 12/31/2020, and applied to new assessment. 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Steb certifies the 2012 common level ratio ( CLR ) that represent the was. } w ] ] Revised [ 51 Pa.B Adams 1.14 Elk 3.98 1.81... Grantor & # x27 ; s fractional interest in the real estate VALUATION factors::... Periods indicated below county in which the real estate VALUATION factors ; Revised [ 51 Pa.B @ f H42FBDuCd and. Data compiled by the Department of Revenue announces a new common level ratio, relating to acceptance of documents )... A-W0 m ; pnSwqgqJ % Nq94bMPC ; YiSnXs~4! 42btvZA=Jl '' 91.102, to... Nt %. ` |\dPP6ivO+aDbmIr & p @ sy-a70 5Lq5a./.. ; ( )... Information in the expenditure of public funds different browsers, this version may differ slightly the. Nv-2 # NT %. ` |\dPP6ivO+aDbmIr & p @ sy-a70 westmoreland county common level ratio...! And apprenticeship programs m ; pnSwqgqJ % Nq94bMPC ; YiSnXs~4! 42btvZA=Jl '' H- & icrZj_5kT... 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