Effective Property Tax Rates Studies by Government Research Organizations
December 9, 2008
Effective property tax rates are a measurement of the percentage of the fair market value of a property paid in property taxes each year. When a consistent methodology is used, an effective tax rate allows the property tax burdens of different communities to be compared over time. Effective tax rates play an important role not only in business location decisions and economic development, but can also impact school districts in such diverse areas as bond referenda and detachment-annexation proceedings.
https://www.lincolninst.edu/pubs/PubDetail.aspx?pubid=1544
http://civicfed.org/articles/civicfed_277.pdf
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