1 / 13

www.lincolninst.edu

Property Tax Structures in New England. Daphne A. Kenyon Visiting Fellow Lincoln Institute of Land Policy NCSL New England Fiscal Leaders Meeting February 24, 2012. www.lincolninst.edu. State & Local Government Property Tax Revenue, 2005. www.lincolninst.edu.

gannon
Download Presentation

www.lincolninst.edu

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Property Tax Structures in New England Daphne A. Kenyon Visiting Fellow Lincoln Institute of Land Policy NCSL New England Fiscal Leaders Meeting February 24, 2012 www.lincolninst.edu

  2. State & Local Government Property Tax Revenue, 2005 www.lincolninst.edu

  3. State & Local Property Taxes Per Capita, New England, 2009 www.lincolninst.edu

  4. Effective Property Tax Rates, New England, 2010 www.lincolninst.edu

  5. Census Jurisdictions Reporting Property Tax Collections, New England, 2009 Source: Significant Features of the Property Tax, 2009 www.lincolninst.edu

  6. Property Tax Limits, New England, 2009 Sources: Significant Features of the Property Tax, Various State Statutes, Lohman 2006 www.lincolninst.edu

  7. Property Tax Circuit Breakers • Provide households with direct property tax relief that increases as household income declines, for a given property tax bill • Prevent taxpayers from being overburdened by property taxes (just as electrical circuit breakers prevent circuits from being overloaded by electric current) • Assist residents whose property tax burdens are disproportionate to their income • Are a targeted and cost-effective form of tax relief www.lincolninst.edu

  8. Circuit Breakers in New England, 2009 www.lincolninst.edu

  9. Residential Property as Share of Total Valuation, New England, Selected Years Source: Various State Government Sources and Rhode Island Public Expenditures Council www.lincolninst.edu

  10. Related Reports from Lincoln Institute Rethinking Property Tax Incentives for Business DevelopmentDaphne A. Kenyon, Adam H. Langley and Bethany PaquinForthcoming2012 Payments in Lieu of Taxes: Balancing Municipal and Nonprofit InterestsDaphne A. Kenyonand Adam H. LangleyNovember 2010 Property Tax Circuit Breakers: Fair and Cost-Effective Relief for TaxpayersJohn H. Bowman, Daphne A. Kenyon, Adam Langley, and Bethany PaquinMay 2009  www.lincolninst.edu

  11. Related Reports from Lincoln Institute Property Tax Assessment Limits: Lessons from Thirty Years of ExperienceMark Havemanand Terri A. Sexton June 2008  The Property Tax-School Funding Dilemma Daphne A. KenyonDecember 2007 www.lincolninst.edu

  12. www.lincolninst.edu

  13. Contact Information Daphne A. Kenyon Visiting Fellow Dept. of Valuation and Taxation Lincoln Institute of Land Policy 617-661-3016 DKenyon@lincolninst.edu www.lincolninst.edu

More Related