scholarly journals DISBALANCE BETWEEN TAX ASSESSMENTS AND MARKET PRICES OF REAL ESTATE

2019 ◽  
Vol 17 (Suppl.1) ◽  
pp. 115-124
Author(s):  
D. Ushatova
Keyword(s):  
Real Estate ◽  
Property Tax ◽  
Legal Framework ◽  
Residential Property ◽  
Apartment House ◽  
Market Prices ◽  
Market Values ◽  
Tax Assessment ◽  
Price Comparisons ◽  
Property Tax Assessment

The research aims to show some deficiencies in the legal framework including the formation and of property tax assessment and their deviation from the market values. Experimental results of price comparisons of market values in 1 BGN per 1 sq.m. are compared three groups of properties (apartment, house and plot) in selected settlements - district centers. Compare the prices of these properties advertised on a national real estate site and the average price of residential property, according to NSI data with the conditionally calculated value of a tax assessment for each type of property under review. Trends are established for the three-year period and general conclusions are established. Based on the results of the study, some key guidelines are proposed for the formulation of the tax assessment distribution, as well as a forecast / deficit-forecasting model that is formed in municipal budgets as a result of the disproportion between valuations and real prices.

scholarly journals Design of Programs Using Transferable Development Rights to Preserve Farmland in the Northeast

1981 ◽  
Vol 10 (2) ◽  
pp. 57-62 ◽  
Author(s):  
Carl C. Mabbs-Zeno
Keyword(s):  
Agricultural Land ◽  
Property Tax ◽  
Agricultural Products ◽  
Land Use Management ◽  
Farmland Preservation ◽  
Government Action ◽  
Tax Assessment ◽  
Transferable Development Rights ◽  
Management Institutions ◽  
Property Tax Assessment

Permanent conversion of agricultural land to urban uses has concerned both suppliers and demanders of agricultural products in recent years. Although controversy on the importance of the problems associated with this conversion persists among economists (General Accounting Office, Healy, Plaut), policymakers across the nation have accepted the preservation of farmland as a goal requiring government action. All but two States (Georgia and Mississippi) provide some form of preferential property tax assessment for farmland (Davies and Beiden). Most localities with zoning authority attempt to protect farmland, and several less common land use management institutions have been implemented with farmland preservation as a principal goal.

Property tax assessment incentive for green building: Energy saving based-model

Energy ◽  
2017 ◽  
Vol 122 ◽  
pp. 329-339 ◽  
Author(s):  
S.A.A. Shazmin ◽  
I. Sipan ◽  
M. Sapri ◽  
H.M. Ali ◽  
F. Raji
Keyword(s):  
Energy Saving ◽  
Property Tax ◽  
Green Building ◽  
Building Energy ◽  
Tax Assessment ◽  
Building Energy Saving ◽  
Property Tax Assessment

Social and Geographic Inequities in the Residential Property Tax: A Review and Case Study

2001 ◽  
Vol 33 (5) ◽  
pp. 881-900 ◽  
Author(s):  
Richard Harris ◽  
Michael Lehman
Keyword(s):  
Metropolitan Areas ◽  
Property Tax ◽  
Market Value ◽  
Social Geography ◽  
Residential Property ◽  
Assessment Data ◽  
Market Values ◽  
Geographical Variations ◽  
The Social

Although the fact is not widely acknowledged by urban scholars, because of the way that it is administered the property tax helps to shape the social geography of metropolitan areas. Research by public finance specialists has shown that cheap housing is often overassessed, and that variations in assessment ratios (the ratio of assessed to market values) usually favour the suburbs. Sales prices and assessment data from the Hamilton, Ontario, metropolitan area for 1976, 1996, and 1999 confirm these patterns and show that they are persistent. In addition, cross-tabulations by market value and location show that geographical variations in assessment ratios are caused by the inequitable treatment of inexpensive property, not vice versa. A 1998 reassessment made the situation worse. The main difficulty in reducing tax inequities is political, not technical.

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