Homestead Exemption fraud costs Philly $11.4 million a year, controller says – Metro Philadelphia
The Homestead Exemption Program in Philadelphia is costing the city over $11 million annually due to fraud, according to a report from the City Controller's Office. Investigators utilized data-mining tools to uncover approximately 23,000 properties that may be benefiting from fraudulent claims. This financial drain affects both the city's government and local schools.