Strong property tax growth and proactive policies – including beginning the recession with a substantial surplus of $5.3 billion (9 percent of revenues) – offset a severe contraction in income tax receipts, protecting the City’s budget such that it never contracted in absolute terms during...

This paper explores (dis-)economies of scale in property value assessment via cooperative agreements among small tax assessing jurisdictions without consolidation. New York State incentivizes small neighboring towns to unify their assessment function while maintaining respective tax authority;...