Land Lines January 2011
Features
The property tax reform in Belo Horizonte was guided by the dual desire to eliminate distortions in its antiquated model and to introduce a new fiscal culture to support a permanent process of updating property valuation to reflect market variations.
A Tale of Two Illinois Counties
Assessment accuracy is the key to an equitable property tax, and statistical measures of regressivity are essential tools for evaluating valuation systems. Data from two counties in the Chicago area provide quite different perspectives.
Recent housing reform has resulted in a vigorous urban housing market and greatly improved housing conditions for urban residents, but affordability has become a major challenge for municipal governments.
