Actual property levies within the Metropolis of Pittsburgh, Pennsylvania, are based mostly on the assessed worth of properties inside metropolis limits. These assessments, performed by the Allegheny County Workplace of Property Assessments, decide the taxable value of a property. For instance, a residential property assessed at $100,000, topic to a millage charge of seven.29 mills (as of 2023), would generate an annual tax legal responsibility of $729.
These important revenues fund important metropolis companies, together with public schooling, infrastructure upkeep, public security, and varied group applications. Traditionally, property taxes have served as a cornerstone of municipal finance, enabling native governments to supply companies immediately benefiting residents. Understanding the mechanics of evaluation and assortment contributes to knowledgeable civic engagement and accountable property possession.
