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Assessments & Revenue: Understanding Next Year’s Projected Billion Dollar Fall in Property Tax Revenue

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PRELIMINARY BUDGET FOCUS: The Covid-driven tailspin in the local economy has led to a big drop in expected property tax revenue next year. We explain how the finance department derives the market and assessed values underlying the falloff in projected revenue.

Sub title
  • Focus On The Preliminary Budget
Report type
  • Reports - Other (Consultant/Staff)
Date published
  • 2021-04-07
Calendar year
  • 2021
Required Report Name
  • Not Required