Friday, December 27, 2013

In Chester, Harrah's losing its tax break

Delaware County's Board of Assessment has tentatively valued the casino at $218 million, but Chester uses its own figures to calculate city real estate and school taxes.

As of last week, the city hasn't provided that number to the school district's chief financial officer, who needs to send out an interim tax bill for the first six months of 2014. The county's assessment, which would result in a county property tax of $1.22 million, is not final.

John Vanzelst, assessment manager for Delaware County, said $218 million is an interim assessment because Harrah's has 40 days to appeal.

"I won't know until March if we can actually bill on the $218 million," Vanzelst said.

Vanzelst was scheduled to meet this week with Harrah's staff to go over the data used to arrive at the $218 million figure.

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