The Effects of Property Taxes and Local Public Spending on Property Values: An Empirical Study of Tax Capitalization and the Tiebout Hypothesis

1969 ◽  
Vol 77 (6) ◽  
pp. 957-971 ◽  
Author(s):  
Wallace E. Oates
Keyword(s):  
Empirical Study ◽  
Property Values ◽  
Public Spending ◽  
Property Taxes ◽  
Tiebout Hypothesis ◽  
Tax Capitalization

The Relation between Business Property Values and Local Property Taxes

2014 ◽  
Vol 37 (1) ◽  
pp. 103-128 ◽  
Author(s):  
Kimberly G. Key ◽  
Teresa A. Lightner
Keyword(s):  
Property Values ◽  
Local Property ◽  
Property Taxes ◽  
Tax Revenue ◽  
Industrial Property ◽  
Business Taxes ◽  
Trade Offs ◽  
Property Owners ◽  
Capital Tax ◽  
Business Property

ABSTRACT This study examines the relation between commercial and industrial property values and local property taxes using 1999 to 2009 data for the state of Georgia. Results show a negative relation between commercial values and property taxes, consistent with the new view of capital tax prediction that these taxes are borne, at least in part, by property owners. Incidence estimates show very high to full capitalization. There is little evidence of a relation between industrial property values and property taxes, contrary to prior research. This study is the first to provide empirical evidence of differences in commercial and industrial property tax incidence. The study contributes to the understanding of the capitalization of business taxes, which has been the subject of very little prior research. The results can inform policymakers who consider trade-offs in tax revenue needs, economic development, and issues of fairness in their localities.

Property Taxes and House Values: The Theory and Estimation of Intrajurisdictional Property Tax Capitalization

1990 ◽  
Vol 9 (2) ◽  
pp. 282
Author(s):  
William A. Fischel ◽  
John Yinger ◽  
Howard S. Bloom ◽  
Axel Borsch-Supan ◽  
Helen F. Ladd
Keyword(s):  
Property Tax ◽  
Property Taxes ◽  
House Values ◽  
Tax Capitalization ◽  
Property Tax Capitalization

scholarly journals County Property Values and Tax Impacts of Florida's Citrus Industry

EDIS ◽  
1969 ◽  
Vol 2003 (17) ◽  
Author(s):  
Alan W. Hodges ◽  
W. David Mulkey ◽  
Ronald P. Muraro ◽  
Thomas H. Spreen
Keyword(s):  
Property Values ◽  
Citrus Canker ◽  
Resource Economics ◽  
Cooperative Extension Service ◽  
Property Taxes ◽  
Foreign Competition ◽  
Citrus Industry ◽  
Citrus Grove ◽  
University Of Florida ◽  
Fiscal Impacts

Events impacting the citrus industry, such as citrus canker or increased foreign competition due to liberalization of trade barriers, may have a dramatic impact on the welfare of local communities. This paper provides estimates of the local fiscal impacts of ad valorem property taxes paid by citrus grove owners, and taxes generated by citrus processing operations. This is EDIS document FE437, a publication of the Department of Food and Resource Economics, Florida Cooperative Extension Service, UF/IFAS, University of Florida, Gainesville, FL. Published November 2003. FE437/FE437: County Property Values and Tax Impacts of Florida's Citrus Industry (ufl.edu) 

Show Me the Money

2016 ◽  
Vol 3 (2) ◽  
pp. 197-215
Author(s):  
Justin Simmons
Keyword(s):  
Sex Offenders ◽  
Sex Offender ◽  
Negative Impact ◽  
Property Tax ◽  
Property Values ◽  
Property Taxes ◽  
Tax Revenue ◽  
Property Value ◽  
Pros And Cons ◽  
The Impact

Many people have written scholarly articles highlighting the pros and cons of SORs. Some have taken the analysis a step further by pointing out the impact SORs have on the values of homes in the vicinity of a registered sex offender (“RSO”). While these studies have pointed out the impact the presence of an RSO can have on the property value for an individual homeowner, research regarding the impact RSOs have on property tax revenue for taxing districts is nonexistent. This Article highlights the correlation between the depressive effect the presence of RSOs has on property values, the impact this reduction in property value has on property tax revenue for taxing districts in Texas, and, as a corollary, the negative impact the decrease in revenue could have on the government’s ability to provide vital public services. The Article concludes by discussing different strategies states like Texas could use to allow taxing districts to recover some of this lost revenue. In particular, this Article suggests that states like Texas could (1) charge RSOs a premium on their property taxes to offset any losses their presence in the community causes; (2) pass laws that prevent RSOs from living in certain areas; (3) adjust the criteria used by taxing districts to appraise residential property; or (4) increase minimum sentences for sex offenders in an effort to reduce the number of registered sex offenders in the community.

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