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Results

1. Evaluating the Accuracy of American Community Survey Data on Housing Values and Property Taxes

   Documentos de Trabalho
   Fevereiro 2015
   Aaron Twait and Mark Haveman

   How accurate are the self-reported property tax burdens and property values often used by policy organizations to develop national property tax comparisons? We compare American Community Survey (ACS...

2. Detroit Property Tax Delinquency

   Social Contract in Crisis
   Documentos de Trabalho
   Outubro 2014
   James Alm, Timothy R. Hodge, Gary Sands, and Mark Skidmore

   As the country reemerges from the real estate crisis, the City of Detroit, Michigan continues to struggle, and is currently in the midst of bankruptcy proceedings. Falling property values have led to...

3. Tax Base Erosion and Inequity from Michigan’s Assessment Growth Limit

   The Case of Detroit
   Documentos de Trabalho
   Outubro 2014
   Timothy R. Hodge, Mark Skidmore, Gary Sands, and Daniel McMillen

   In this paper we examine the degree to which Michigan’s property value assessment growth cap has eroded the tax base and created substantial differences in effective tax rates among residential...

4. Assessment Growth Limits and Mobility

   Evidence from Home Sale Data in Detroit, Michigan
   Documentos de Trabalho
   Outubro 2014
   Timothy R. Hodge, Gary Sands, and Mark Skidmore

   In 1994 a limit on the growth of property values for tax purposes was imposed in Michigan. One consequence of the taxable value growth cap was the emergence of a differential in effective tax rates...

5. California’s Parcel Tax

   Documentos de Trabalho
   Setembro 2014
   Jon Sonstelie

   Because of limitations on property tax revenue, many local governments in California levy a parcel tax. Like the property tax, a parcel tax is imposed on parcels of real property. Unlike the property...

6. New Estimates of the Elasticity of Substitution Between Land and Capital

   Documentos de Trabalho
   Setembro 2014
   Gabriel M. Ahlfeldt and Daniel P. McMillen

   We reconcile conflicting evidence on the magnitude of the elasticity of substitution between land and capital, which is a key determinant of the relationship between the price of land and the density...

7. Competition and Property Tax Limit Overrides

   Revisiting Massachusetts’ Proposition 2 ½
   Documentos de Trabalho
   Setembro 2014
   Zackary B. Hawley and Jonathan C. Rork

   This paper looks at the role of spatial proximity of other town’s decision to hold an override vote on the decision of a Massachusetts town to hold an initial override vote under Proposition 2...

8. Local Government Finances During and After the Great Recession

   Documentos de Trabalho
   Agosto 2014
   Adam H. Langley

   The 2007-2009 recession had a large and long-lasting impact on local government finances in the United States. This paper describes these impacts using existing research and a variety of data sources...

9. The Effects of the Two-Rate Property Tax

   What Can We Learn from the Pennsylvania Experience?
   Documentos de Trabalho
   Julho 2014
   Zhou Yang

   This paper empirically investigates the effects of the two-rate (split-rate) property taxation on the capital intensity of land development in Pennsylvania. This study makes the first attempt to...

10. Comparing Central City Finances Using Fiscally Standardized Cities

    Documentos de Trabalho
    Julho 2014
    Howard Chernick, Adam H. Langley, and Andrew Reschovsky

    Recent bankruptcies of several large central cities, most notably Detroit, have highlighted the importance of better understanding the fiscal pressures faced by American central cities. Because...