THE 8:30 REPORT: This Morning in Philly
Reassessment moves forward: The Board of Revision and Taxes voted yesterday to take the first major step in overhauling the city’s residential and commercial property regime since the idea was first floated by the Tax Reform Commission five years ago. The BRT expects to produce 100 percent valuations for all properties by the end of the year — a move meant to fix the inequities in the current fractional valuations without increasing overall tax burden — but says it won’t implement them until City Council develops programs to assist homeowners who are hit with unexpected increases. [Daily News]
Even the Good Witch would melt around here: With temperatures about to peg 95 or above and even more humidity rolling in, the National Weather Service says that if you go outside for more than 90 seconds between now and Sunday night, you will be excessively heated into burnt mush on the sidewalk. Or something like that. [KYW]
It’s raining money on the Parkway: Mayor Nutter and Gov. Rendell are scheduled to block traffic on the Ben Franklin Parkway this afternoon, but the transitory inconvenience caused by their presence in the middle of the road should be soothed by the millions in state and city money they’ll be pledging toward a $17 million facelift for our homegrown Champs-Elysées. All the prettying up should be ready by the time the Barnes settles into its new home. [Metro]
