City Offers Relief for Problem We Don't Yet Have

Though the property assessment debate is far from resolved, city officials seem to think it's enough of a done deal that they're already providing loopholes. If you're one of the homeowners whose property assessment soars precipitously after the AVI goes through, you can apply for a Homestead Exemption that will reduce your home’s reassessment, and therefore your tax bill. But you have to apply by July 31, 2012. [City of Phila.]