Philly’s controller: Gun violence could cost the city millions in lost tax revenue, property value

If homicides decreased by 10% for five years, Philadelphia would bring in a total of $114 million in added property tax revenue, the City Controller’s Office estimates.

City Controller Rebecca RhynhartRead more / File Photograph

by Justine McDaniel and Caitlin McCabe

Published Oct. 23, 2019, 5:05 p.m. ET