Property-Tax Delinquents Owe Philadelphia $515.4M

Philadelphia property-tax delinquents piled up an additional $43.8 million in new debt over the last year, an increase of 9.3 percent in a single year, city records show. About 18 percent of all parcels in the city are in arrears -- no other big city in the nation approaches that level of property-tax delinquency.
June 11, 2012
 

Philadelphia property-tax delinquents piled up an additional $43.8 million in new debt over the last year, an increase of 9.3 percent in a single year, city records show. About 18 percent of all parcels in the city are in arrears -- no other big city in the nation approaches that level of property-tax delinquency.

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