Author : Daphne A. Kenyon
Publisher : Lincoln Inst of Land Policy
Page : 63 pages
File Size : 26,78 MB
Release : 2007
Category : Business & Economics
ISBN : 9781558441682
Book Description
States experiencing taxpayer revolts among homeowners are tempted to reduce reliance on the property tax to fund schools. But a more targeted approach can provide property tax relief and improve state funding for public education. This policy focus report includes a comprehensive review of recent research on both property tax and school funding, and summarizes case studies of seven states-- California, Massachusetts, Michigan, New Hampshire, New Jersey, Ohio and Texas. The majority of these states are heavily reliant on property tax revenues to fund schools. While there is no one-size-fits-all solution, the report recommends addressing property taxes and school funding separately.