The annual "50-State Property Tax Comparison Study" offers a thorough resource for understanding the role of property taxes in fiscal responsibility at the municipal level.
"The Lincoln Institute of Land Policy released the annual 50-State Property Tax Comparison Study, a comprehensive analysis of effective property tax rates in each state’s largest city, one rural area in each state, and the District of Columbia," according to an announcement on the Lincoln Institute of Land Policy's website.
The annual study, produced in partnership with the Minnesota Center for Fiscal Excellence, measures 2014 effective property tax rates, defined as "the actual tax payment as a percentage of market value."
Bridgeport, Connecticut leads the list of highest effective property tax rates for homes between $150,000 and $300,000, holding the same position it occupied in 2013. The study also analyzes effective property tax rates for apartment and commercial properties.
According to the study's authors, the data on local property taxes are most valuable when compared to other tax structures around the state and country. According to the announcement, "[s]ome jurisdictions are more dependent on the property tax and have limited alternative options; some have higher income and sales taxes to finance a greater share of the cost of local government."
The announcement also lists out a few of the key insights gleaned from the study's findings.
Read the full story: Lincoln Institute Study Compares Property Tax in 50 States
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Data reveals that NYC’s bet on congestion pricing has paid off
After almost two years of the program, reports show positive impacts on traffic and air quality and no disruptions to parking.
HUD modernizes 50-year-old manufactured housing framework
The Next Generation Manufactured Housing Action Plan establishes new energy-efficiency standards for manufactured homes, and new guidelines for anchoring them.
California voters weigh $11.25 billion housing bond
Prop. 1, combined with other funding, would support over 40,000 new rental units in California.
Connecticut is turning landfills into green infrastructure
Twenty-nine solar arrays have been built, or approved to be built, on top of Connecticut landfills.
Trump guts ‘win-win’ solar energy program for rural farmers
The U.S. Department of Agriculture’s changes have made virtually all solar power ineligible for funding through the Rural Energy for America Program.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
One Hundred Miles
County of Mendocino
planning NEXT
The Architects Foundation
University of Cincinnati Online
Montrose County
Northern Illinois Transit Authority (NITA)
The Pocatello Development Authority