STATE TAX
EQUALIZATION BOARDCertification of Total Market Value of Taxable Real Property and Common Level Ratios for 2010 [41 Pa.B. 3660]
[Saturday, July 2, 2011]The State Tax Equalization Board (Board) is responsible under the act of June 27, 1947 (P.L. 1046, No. 447), known as the State Tax Equalization Board Law (law), (72 P. S. §§ 4656.1—4656.17) to do the following:
(1) Annually, to determine the aggregate market value of taxable real property in each political subdivision and school district throughout this Commonwealth and, by July 1 of each year, to certify and deliver the same to the Department of Education and the school districts of this Commonwealth.
(2) Annually, to establish a Common Level Ratio (CLR) for each county in this Commonwealth and, by July 1 of each year, to certify and deliver the CLR to the chief assessor of each county of this Commonwealth.
Due to the Board's efforts to comply with recommendations made by the Department of the Auditor General in a Special Performance Audit issued on February 10, 2011, see http://www.auditorgen.state.pa.us/Reports/Performance/Special/speSTEB021011.pdf, the Board will not be able to complete its calculations and make the certifications required by the law until after the statutory deadline of July 1, 2011. The Board does plan, however, to complete all required calculations and make all required certifications by the end of July.
RENEE L. REYNOLDS,
Executive Director[Pa.B. Doc. No. 11-1126. Filed for public inspection July 1, 2011, 9:00 a.m.]
