Introduction to the Property Tax presents resources designed to promote understanding of basic property tax functions and their importance as a revenue source for local government. Explainer videos explore the mechanics of how the property tax works and use real life examples to demonstrate the significance of the property tax in government finance. Other publications discuss considerations for policymakers and clarify certain important aspects of property taxation.
Property Tax 101: Why the Property Tax
Why is the property tax the bulwark of local government finance? What is the role of state aid in a healthy property tax system? This video explores these questions and more through the experiences of two Massachusetts municipalities with very different socioeconomic makeups: Arlington and Lawrence.
Property Tax 101: The Mechanics
This explainer video walks through the mechanics of how the property tax works and why it is stable and effective.
What Policy Makers Should Know About Property Taxes
Ronald C. Fisher
Although property taxes continue to be a fundamental and important revenue source for local government, they also remain controversial. Still, the topic of property taxation seems to be one for which improved education and understanding is especially necessary.