City Council passed a package of tax increases Thursday that will hit a wide swath of the city's taxpayers while raking in an additional $70 million for the Philadelphia School District. Thanks to the biggest piece of the plan - a 4.5 percent property-tax increase - the owners of a $150,000 Philadelphia home will see their tax bill go up $72 per year. Mayor Nutter signed the tax increases, as well as the city's annual operating budget, into law Thursday afternoon soon after Council approved them. He said the additional school funding is badly needed but still doesn't fill the district's deficit, leaving the burden on Harrisburg. "Council has done its part. I'll sign those bills," Nutter...
↧