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🌐 Entity
Property tax
Tax on property, particularly real estate
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📌 Topics
- Fiscal Policy (1)
- Urban Economics (1)
- Public Finance (1)
🏷️ Keywords
New York City (1) · Property Tax (1) · Budget Gap (1) · Mayor Eric Adams (1) · City Council (1) · Fiscal Challenge (1) · Tax Hike (1) · Public Hearings (1)
📖 Key Information
A property tax (whose rate is expressed as a percentage or per mille, also called millage) is an ad valorem tax on the value of a property.
The tax is levied by the governing authority of the jurisdiction in which the property is located. This can be a national government, a federated state, a county or other geographical region, or a municipality.
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People and organizations frequently mentioned alongside Property tax:
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