STATE TAX
EQUALIZATION BOARD2015 Common Level Ratios [46 Pa.B. 4037]
[Saturday, July 23, 2016]The State Tax Equalization Board (Board) has established a Common Level Ratio for each county in the Commonwealth for the calendar year 2015. The ratios were mandated by Act 267-1982.
The law 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 each year.
The statistically acceptable technique which the Board used for the 2015 Common Level Ratio is to determine the arithmetic mean of the individual sales ratios for every valid sale received from the county for the calendar year 2015.
The methodology used is to include every valid sale from 1% to 500% to compute an average mean. Using this average mean as a base, the Board has defined high and low limits by multiplying and dividing this computed average mean by 4. After the high and low limits are defined, the extreme upper sales ratio limit is 200%. Using these computed limits, the Board has utilized the valid sales, rejecting those sales which exceed the limits. The resulting arithmetic mean ratio is the ratio which the Board is certifying as the Common Level Ratio for each county for 2015.
The Common Level Ratios for 2015 are as follows.
2015 Common Level Ratios County CLR *Adams 116.0% *Allegheny 87.1% Armstrong 43.9% Beaver 27.8% *Bedford 96.6% *Berks 74.3% *Blair 10.8% Bradford 33.3% *Bucks 11.1% *Butler 10.9% *Cambria 24.7% Cameron 67.7% Carbon 52.8% Centre 28.0% *Chester 53.8% Clarion 37.7% Clearfield 14.7% *Clinton 88.4% Columbia 27.1% Crawford 37.8% *Cumberland 99.8% *Dauphin 73.2% *Delaware 65.0% Elk 43.7% *Erie 95.3% *Fayette 72.5% Forest 23.7% *Franklin 14.0% *Fulton 38.8% *Greene 67.8% Huntingdon 24.3% *Indiana 19.8% *Jefferson 49.2% *Juniata 18.2% *Lackawanna 14.4% *Lancaster 75.5% *Lawrence 87.0% *Lebanon 106.5% *Lehigh 99.0% *Luzerne 103.8% *Lycoming 74.6% *McKean 93.8% Mercer 29.0% Mifflin 48.2% Monroe 22.4% *Montgomery 56.1% *Montour 77.0% Northampton 34.3% *Northumberland 25.6% *Perry 97.5% *Philadelphia 98.3% Pike 24.7% *Potter 34.4% Schuylkill 45.9% *Snyder 17.1% Somerset 40.1% *Sullivan 70.4% Susquehanna 36.4% *Tioga 70.5% *Union 77.9% *Venango 84.4% Warren 33.1% Washington 10.7% *Wayne 90.6% *Westmoreland 17.3% Wyoming 18.3% *York 88.0% *Counties with a predetermined assessment ratio of 100%
PETER BARSZ,
Chairperson[Pa.B. Doc. No. 16-1288. Filed for public inspection July 22, 2016, 9:00 a.m.]
