27 A.2d 715 | Pa. Super. Ct. | 1942
Argued April 15, 1942. Appellant is the owner of a three-story brick office building, well located on the edge of the business district in the City of Franklin. The building is upwards of twenty-five years old but has been well maintained. All three floors are occupied by tenants but the total rentals received show little profit after deducting operating and maintenance expense. The property was assessed for county purposes in 1940 at $40,000 and by the city assessor, for the same triennium, at $45,000. The board of tax revision and appeals of each municipality refused to reduce the assessment and on appeals to the lower court the assessments were sustained and the appeals dismissed. Both cases were consolidated for hearing and disposition by the lower court, and in the present appeals.
The duties of the county assessors, under the Act of May 22, 1933, P.L. 853, sec. 402, as amended, 72 PS 5020, and of the city assessor, under the Act of June 23, 1931, P.L. 932, sec. 2504 as amended,
Though the weight of the evidence is before us on these appeals (Narberth Borough's Appeal,
However, the record must be returned to the court below for the purpose of equalizing the assessments. Conceivably, different formulas applied by two distinct taxing authorities in assessing the same property may lead to different results in determining actual value for tax purposes. And where uniformity of assessment in each municipality is shown, both assessments may be sustained on appeal though different in amount. Between the standard of actual value and uniformity of assessment, the latter must be given effect. Allentown's Appeals,
The record is returned to the court below with directions to equalize the assessments. Costs to be paid by appellants.