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Stabilizing Revenue Collection During the Downturn: How Assessment Phase Ins and Caps Affect the City's Property Tax

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This report explains the features that contribute to the stability of the property tax system. It shows how caps on growth in assessed value can lead to higher assessed values and how assessments move through the pipeline and how the pipieline grew through 2008, the year of the downturn.

Agency
Subject
Report type
  • Budget Report
Date published
  • 2011-02-10