Thursday, 21 May 2020

How the pandemic is shaking up property taxes in 4 major markets

With property tax deadlines quickly approaching — or having already passed — many state and local governments are in a bind. Taxes from real estate bring in huge chunks of revenue to cover essential services for municipalities, which are at a high need during the pandemic. And without that money, some cities may have to float bonds or file for bankruptcy. A small share of the property taxes are designated to state services, which poses



source https://therealdeal.com/2020/05/21/how-the-pandemic-is-shaking-up-property-taxes-in-4-major-markets/

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