It can and does set the top amount school districts are allowed to levy, however, and as long as not too many of them charge that top rate, the state can tell the courts that it isn't setting property tax
With the 1-800-LAW-FIRM, PLLC property tax
calculator, property owners will know immediately if they are overpaying taxes with the click of a button.
In Eugene, property tax
collections amount to about 75 percent of public safety costs, but in other cities the percentage is much higher.
They pay nearly $11,000 annually in property taxes
, close to three times the median property tax
bill in New York state.
And, coupled with low property tax
rates, these communities continue to attract development that keeps their economies--and their schools--vibrant.
Unless a company is in the tax business, property tax
compliance will not be one of its core function.
However, the appeals court affirmed the lower court's decision that the property tax
abatement was proper.
This latest effort highlights the plight of the property tax
-- much maligned and frequently constrained.
Indeed, a national property tax
or sales tax to bring about national equalization of school funding might recapitulate, on a national scale, the unintended consequences of California's disastrous experiment.
Finally, states with abundant natural resources - like Alaska and Wyoming - have high property tax
levels but low resident tax burdens because they can export property taxes
to nonresidents through taxes on energy or mining companies.
Michigan's property tax
was far higher than those of most other states.
Every commercial and apartment property owner or manager should review their tax assessments annually to avoid missing out on substantial property tax
refunds," Sullivan said.