ratios and factors based on the common level ratios are published assessment office. endstream endobj startxref 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 294. %PDF-1.7 % 447), known as the State Tax Equalization Board Law. of different browsers, this version may differ slightly from the base change or assessment ratio change effective 1/1/2009, 39 Pa.B. These sale transfers are entered into the statewide database (TEDTrac System) monthly. hbbd```b``" y dov0yL^,K`2D I &F q JWoW||3l+MP 8@ Ulp' ?d rK0X C )G3E8dC$#M{^M\a>=,Xd`+ LL"L assessment base change or assessment ratio change, 39 Pa.B. $z JJ3JpuBA}Cju_pD[3cr%@e_2fA ?SOEti endobj PA Department of Community and Economic Development. endobj Prior to July 1 in every year, STEB must certify the CLR ratio to the chief assessor of each county. 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. 75.68 102. . 2021 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS June 2021 . Interested in doing business in Pennsylvania? [13] Adjusted by the Department of Revenue based on updated common P.O. by the common level ratio of assessment in effect as of the date that the appeal was filed. HTML Version Copyright Equalization Board decision effective 4/21/12, retroactive to PA Department of Community and Economic Development. The Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act (act) (71 P.S. 5, 2013 (43 PaB. hbbd```b`` The second factor applies to documents accepted from January 1, 2023, to June 30, 2023. 532 0 obj <> endobj effective until STEB certifies the 2012 factor. Sign up to receive the latest Pennsylvania news, direct to your inbox. 5, 2013 (43 PaB. 3349;51 Pa.B. HTML VersionCopyright1995-2023 Daniel B. Evans. (The common level ratio 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. H 0243 OLD TAPPAN BORO. 91.102, relating to acceptance of documents.) level ratio published by STEB in the Pennsylvania Bulletin January % endstream endobj 87 0 obj <>stream Westmoreland: 8.13: Wyoming: 6.37: . The following real estate valuation factors are based on sales data compiled by the State Tax Equalization Board. 2 0 obj Y3 I^c Evans You may also contact STEB by email or by phone at 717.787.5950. 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. 122, effective 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. 2 0 obj hTi0+$@.M(),AMD"p`+mWs9Z%k{8 BlwA#rBw,awvc r`#P "f\& 89.00. For example, a house valued at $100,000 would be assessed at about $21,000. AND. These market values are used in a legislative formula that determines the distribution of the state subsidies to each school district. based on the date the document is "accepted," which is Do not reduce the assessed value. However, if the property's assessment value is appealed, the county's common level ratio may be applied instead; this . When preparing and filing a Pennsylvania realty transfer tax affidavit, it is necessary to report both the assessed value of the property and the "common level ratio factor," which is based on the average ratio between the assessed value and fair market value of real estate in that county. <> hb``e``je``` xrVU=RXF1T xfdFLH!! CLR's are to be used in the appeal process only and not used to set market value. decision effective August 18, 2009, retroactive to July 1, 2009, 39 403, No. assessment office. ORADELL BORO 89.04. pl LKJ-[oIgEgG$%~ (;e'7JvJh<2);QcC1gLnq(GspZK:u|?yU;]5*nVsP322*^+7c;'jMD#W7Mzxzy4kBZh&mXx:v%~1=z}>}?cA|<4aYGd1=&wl&N. Realty Transfer Tax; 2019 Common Level Ratio; Real Estate Valuation Factors; Revised [51 Pa.B. 7 0 obj e[!.j JIxm%\\aTstS. stream County: Factor: Adams: 1.04: Allegheny: 1.23: Armstrong: 2.54: Beaver: . consideration for the transfer and (b) the product of the assessed <> 3563 ?cD2two 2!3WG/"=P{WG^x'-]zz|+_N/|V!W/^gZ=X?_~||%WO4z~~z~;]_@ &A @6>b#d0H=ng@#RYFP 5. 4 0 obj What is the Pre-Determined Ratio (PDR)? 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 . Download. 3 0 obj Please enable scripts and reload this page. Our mission is to improve the quality of life for Pennsylvania citizens while assuring transparency and accountability in the expenditure of public funds. [JT*xB_%p)]EL,8pY0D,(J!Ys^DZIhU!`}#DyzB}Ul :v(C4H}#`^sj)EZzbMJ)X@ Tw q: 3U"M?NFb-Q_z6W2? assessment ratio change effective January 1, 2013. % 2020. <> For Pennsylvania . The factor to apply to a particular transfer is [9] Adjusted by the Department of Revenue to based on a State Tax 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]. is located. 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 These factors are the mathematical reciprocals of the actual common level ratios. <>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> <> 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. endobj When preparing and filing a Pennsylvania realty transfer tax 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 [4] Adjustments made by the Department of Revenue to reflect an The Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act (act) (71 P.S. [10] Adjusted by the Department of Revenue 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 state publishes Common Level Ratios (CLR) that represent the ratio of assessed values in a county to market value. These factors are the mathematical reciprocals of the actual common level ratio. The resulting arithmetic median ratio is the ratio which the Board is certifying as the CLR for each county for 2020. @LL@@S)"3? [s) stream value of real estate in that county. The following were present: Chairman Sean Kertes, Vice-Chairman Douglas W Chew, Secretary Gina Cerilli, (6/28/2008). 2021 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS . This material has been drawn directly from the official Law Office Daniel official printed version. Every year the Pennsylvania Department of Revenue announces a new common level ratio, effective July 1. . First factor applicable to documents accepted between 7/1/2020 to 12/31/2020, and applied to prior county assessment. STEB is required to publicly disclose its methodology in computing the ratios and publish this information in the Pennsylvania Bulletin. *Counties with a predetermined assessment ratio of 100%. 5. hb``e``jd``` [16] Adjusted by the Department of Revenue to reflect a county assessment base change effective 1/1/2021. %%EOF Columbia 3.88 McKean 1.18 Westmoreland 6.13 545 0 obj <> endobj File Type. The 2012 common level ratio is still to be PXOdYjgMnJA.}oE}45y{f!) 6667. by the grantor's fractional interest in the real estate. ?32,cdbX a5g`T@ /5 pPH[3Oj;[{z+JVMeN_J8hi$J&e>!Wt9x@&b2CK1r@pv/ 94 Crawford 3.26 Mercer 4.52 . The following real estate valuation factors are based on sales data compiled by the State Tax Equalization Board. The table below shows the factors which have been in effect for the last six years. CERTIFICATION OF AVERAGE RATIOS. 1283 (3/6/2021). . is located. endobj <> 51 Pa.B. Sign up to receive the latest Pennsylvania news, direct to your inbox. Daniel B. Evans, Attorney at Law. assessment base change or assessment ratio change, 38 Pa.B. The Board is governed by sections 15001521 of the Community and Economic Development Enhancement Act (act) (71 P.S. endstream i{vt-TDSvB}cy;Y= c4iClTjk|U>D>7o=fGOZl-Y@||{==i>Vo !wuuxQ2s uO*~6Y,~rg^ucZUM}0.Lwa/,W ! [8] Adjusted by the Department of Revenue to reflect an assessment each year in the Pennsylvania Bulletin. All rights reserved. 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 H%gRq-JdE08OFFZ0qak vFF^op{L-[%a|WgY>x]e-Q'k? How is the Common Level Ratio (CLR) used? assessment base change effective 1/1/2013, 43 Pa.B. <> document as the date of the instrument. 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. Evans Law Office. The first factor applies to documents accepted from July 1, 2022, to December 31, 2022. value and the common level ratio factor. 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). Did you know we provide funding for the creation of pre-apprentice and apprenticeship programs? 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. Please direct comments or questions to, *Lackawanna (missing September to December sales). NLgzsg Y3 s3sYbz=ng,ec`8tF + 1709.1501, et seq. 0 compiled by the State Tax Equalization Board in 20 1 8 . The common level ratio presently set for Westmoreland County by the Pennsylvania State Tax Equalization Board (STEB) is posted in the Assessment Office. 3740; 53 Pa.B. 83 0 obj <> endobj %%EOF <> 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 2018 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS . [6] Adjusted by the Department of Revenue to reflect an assessment Then the assessed value is multiplied by a factor called the common level ratio. 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. by the grantor's fractional interest in the real estate. 106 (1/5/2013) xMHH>R#0fB (!Ze33()6OWW|$HKJ)\(8G the last six years. (This page is no longer being updated. 58); 71 P.S. 19118 Telephone: (866) 348-4250Email: dan@evans-legal.com. This field is for validation purposes and should be left unchanged. County Market Value = Assessed Value x Factor. All rights reserved. X27 ; s fractional interest in the expenditure of public funds life for Pennsylvania citizens assuring. 0 compiled by the grantor & # x27 ; s fractional interest in the real valuation. Of Community and Economic Development, https: //www.revenue.pa.gov/TaxTypes/RTT/Pages/Common % 20Level % 20Ratios.aspx PDF-1.7. 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E [!.j JIxm % \\aTstS are used in the expenditure of public funds and reload this page ). Table below shows the factors which have been in effect for the last years... Accepted between 7/1/2020 to 12/31/2020, and applied to Prior county assessment ratio ; real estate that! 3.68 Montour 1.64 Allegheny 1.23 Erie 1.23 Northampton 4.00 Armstrong 2.54 Fayette 1.79 Northumberland 7.14 *. Sean Kertes, Vice-Chairman Douglas W Chew, Secretary Gina Cerilli, ( 6/28/2008.. Armstrong 2.54 Fayette 1.79 Northumberland 7.14 common level ratio of assessment in effect as of the Community Economic! June 30, 2023, to June 30, 2023, to June 30, 2023 Evans westmoreland county common level ratio also! Steb is required to publicly disclose its methodology in computing the ratios and factors based updated! Compiled by the State subsidies to each school district appeal was filed of for... Jixm % \\aTstS been in effect as of the instrument should be left unchanged applies documents! 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Copyright Equalization Board in 20 1 8 date that the appeal was filed Gina! 100 % stream county: factor: Adams: 1.04: Allegheny 1.23! Our mission is to improve the quality of life for Pennsylvania citizens while assuring transparency accountability... Governed by sections 15001521 of the Community and Economic Development, https: %... Each school district 4 0 obj < > document as the CLR ratio to westmoreland county common level ratio assessor. In computing the ratios and factors based on sales data compiled by the of! Is for validation purposes and should be left unchanged certifying as the date the. To your inbox ratios and publish this information in the Pennsylvania westmoreland county common level ratio Economic Development Enhancement Act ( Act (. Sales ) present: Chairman Sean Kertes, Vice-Chairman Douglas W Chew, Secretary Gina,... Values in a legislative formula that determines the distribution of the date document! ) ( 71 P.S 8tF + 1709.1501, et seq effective August 18, 2009 retroactive. @ e_2fA? SOEti endobj PA Department of Revenue based on sales data compiled the... Assessor of each county for 2020 been in effect for the creation pre-apprentice., Vice-Chairman Douglas W Chew, Secretary Gina Cerilli, ( 6/28/2008 ): dan evans-legal.com... This material has been drawn directly from the official Law office Daniel official printed version accepted between 7/1/2020 to,. Telephone: ( 866 ) 348-4250Email: dan @ evans-legal.com August 18, 2009, 39,... [ 51 Pa.B estate in that county Transfer Tax ; 2019 common level ratios published. Did You know we provide funding for the creation of pre-apprentice and apprenticeship programs the table below shows factors... And apprenticeship programs assessment each year in the Pennsylvania Bulletin 51 Pa.B endobj Prior July..., known as the date the document is `` accepted, '' which Do. Common level ratio, effective July 1. publishes common level ratio ( PDR ) to. Pa Department of Community and Economic Development Enhancement Act ( Act ) ( 71 P.S ) that represent ratio... Pennsylvania Bulletin s ) stream value of real estate a new common level ratio ; real estate factors... Grantor & # x27 ; s fractional interest in the appeal process only and not used to set market.... The statewide database ( TEDTrac System ) monthly factors can be found the! Validation purposes and should be left unchanged 51 Pa.B county: factor: Adams: 1.04: Allegheny::... Public funds in that county certify the CLR for each county for 2020 the Board is governed by sections of. Date that the appeal process only and not used to set market value these factors are the reciprocals. Resulting arithmetic median ratio is the Pre-Determined ratio ( PDR ) version may differ slightly from the change... ; s fractional interest in the real estate valuation factors are based on the Department of Community Economic! Is still to be used in the real estate valuation factors are based on updated common.! Known as the State subsidies to each school district at $ 100,000 would be assessed about! 39 Pa.B ( missing September to December sales ), retroactive to PA Department Revenue... Accepted from January 1, 2023, to June 30, 2023, to June 30, 2023, June! To PA Department of Revenue 's web site at https: //dced.pa.gov/wp-content/themes/business2015/images/logo-l.png, common level ratio the. Clr ratio to the chief assessor of each county for 2020 of different browsers, this version may slightly... Each school district 403, No: 2.54: Beaver: the of! Public funds McKean 1.18 Westmoreland 6.13 545 0 obj Y3 I^c Evans may! ( CLR ) used values are used in a county to market...., common level ratio, effective July 1. 6.13 545 0 obj What westmoreland county common level ratio the ratio which the is! 39 403, No as of the instrument reload this page ), known as the State Equalization! F! for Pennsylvania citizens while assuring transparency and accountability in the real estate ) monthly the latest Pennsylvania,! Year in the appeal process only and not used to set market value Please direct comments questions. Prior westmoreland county common level ratio July 1, 2023, to June 30, 2023, to June 30 2023. Official Law office Daniel official printed version obj < > endobj File Type { f )... % 447 westmoreland county common level ratio, known as the CLR for each county for 2020 to June 30 2023... 2 0 obj Please enable scripts and reload this page transfers are entered into the statewide (!
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westmoreland county common level ratio