The City of Chester has adopted a provision under the Local Economic Revitalization Tax Assistance Act (LERTA) to encourage the revitalization of deteriorated properties in portions of the City of Chester. Under the LERTA program, a company interested in expanding or constructing a new facility can defer the increase in real estate taxes on the value of the construction over a period of ten years. During the first year, the real estate tax attributable to the increased assessment due to the actual costs of improvements is 100 percent exempt. In subsequent years, the additional real estate taxes are phased in at a rate of 10 percent per year until the full assessment is reached in year ten. 

LERTA Application