BRT Philadelphia: A Comprehensive Overview

The real estate tax rate (8. 264% today) is set by city council and the mayor and applied to the value of properties, but the city board of revision of taxes (brt) assesses properties each year to determine the market value for each property what the property would sell for on the open market. The ridership numbers for the bus and rapid transit system in philadelphia are impressive. In 2019, the system had an average weekday ridership of over 1 million people. This number includes riders on the bus, trolley, subway, and regional rail lines. The board of revision of taxes (brt) main function is to hear appeals on real property valuations and address exceptions an inequities in those values.

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