The Impact of Property Assessment Standards on Property Tax Burden: An Examination of Systematic Bias in a Market Value versus a Non-Market Value Assessment Standard

Property tax is a tax on estimated values rather than on transactions—an important distinction from other taxes. Another distinction is that each state develops its own system for administering the property tax, including how properties are assessed. The consensus among scholars is that current market value assessment is the standard for achieving the most fair and equitable property tax burden. This study compares two disparate assessment standards in one urban county, analyzing potential determinants of systematic bias. The findings indicate that less systematic bias exists under the market value standard, but that the overall equity is only marginally better horizontally and tended toward a more regressive tax structure. A market value assessment standard may mitigate the inherent inequity (i.e., systematic bias) in a nonmarket value system. However, the inequities in the market value system, which may be less predictable, still must be monitored and addressed

Neighborhood Foreclosures and Property Tax Burden: An Examination of Change in Valuation Standard and Assessment Equity

The quality of property tax assessment practices impacts the stability of local government revenue and the equity of property tax burden. This study examines the potential shift in property tax burden associated with concentrations of foreclosures while taking into account a procedural transition from a lagged market versus a current market valuation standard. The findings suggest that property tax administration matters, especially with a growing number of foreclosures. In the case studied, current market value assessments partially mitigate equity consequences of nearby foreclosure sales. It is concluded that foreclosures have a relatively small, but significant negative effect on the change in assessed values of nearby properties. That shift mitigates the over-assessment associated with foreclosures under a lagged assessment standard. However, the analysis illuminates the continued complexity of achieving horizontal equity in the property tax base within or near higher concentrations of foreclosures after the transition to current market value assessment

The Implicit Price of Urban Public Parks and Greenways: A Spatial-Contextual Approach

This is an Author's Original Manuscript of an article submitted for consideration in the Journal of Environmental Planning and Management [copyright Taylor & Francis]; Journal of Environmental Planning and Management is available online at http://www.tandfonline.com/This paper examines the value residents place on public parks in a mid-sized urban area. The analysis makes a direct contribution to the literature by examining the extent to which spatial and neighborhood context is related to the house price premium or discount associated with public recreational opportunities, natural resource areas, and urban greenways. The analysis shows that the value of public parks and greenways varies across space, neighborhood context, and park type. Community area fixed-effects are included to bolster the findings. The findings indicate that park and greenway investment should be planned and managed contextually in urban areas. Park planners can use these findings to inform public policy debates over park investment and, perhaps, support efforts focused on comprehensive neighborhood planning

Fiscal Magic: Outsourcing and the Taxing Power

Some state and local governments in the United States are increasingly outsourcing services through third-party surrogates. In some instances, outsourcing is used as a mechanism to raise revenue to cover current deficits or pay for goods that would otherwise require increasing taxes. We argue that certain forms of outsourcing have been used to mask accountability for the levying fees that are substantively indistinguishable from taxes and thus shift tax burdens. We call for additional research to examine the shifting cost burden associated outsourcing deals and the increased challenge of maintaining public fiscal accountability

Plug-in vehicles and the future of road infrastructure funding in the United States

In the United States, the road infrastructure funding is declining due to an increase in fuel efficiency and the non-adjustment of fuel taxes to inflation. Propositions to tax plug-in vehicles have been proposed or implemented in several states. Those propositions are contrary to policies to promote the sale of fuel efficient vehicles. This paper assesses (1) the magnitude of the decline in federal fuel tax revenue caused by plug-in vehicles and (2) quantifies the amount of revenue that could be generated from a federal plug-in vehicle registration fee. We find that the contribution of plug-in vehicles to the decline of the federal fuel tax revenue is at most 1.56% and that the majority of the shortfall can be attributed to the non-adjustment of the fuel tax rate by 2040. An additional tax of $50-$200 per plug-in vehicle per year in the reference case would generate $188-$745 million in 2040 which represents an increase of 1.7% - 6.7% in federal fuel tax revenue compared to no tax. The lesson for policy makers is that plug-in vehicles do not contribute significantly to the funding shortfall in the short- and medium-run and a supplemental tax would generate a small percentage of additional revenue

The Effect of Foreclosures on Crime in Indianapolis, 2003-2008

Author's manuscript made available in accordance with the publisher's policy.Objective Until recently, few studies have examined the relationship between home foreclosures and crime. Foreclosures are one major source of neighborhood instability and can be expected to affect crime from several theoretical perspectives. Some recent research has found conflicting results on whether foreclosures cause crime. Method This study examines whether foreclosures are a robust predictor of crime and whether the effect of foreclosures on crime varies across neighborhood contexts. We estimate fixed-effects negative binomial models using geocoded Indianapolis foreclosure and crime data for 2003–2008 to predict crime counts in 1,000 feet × 1,000 feet square grid cells. Result Foreclosures exhibit consistent positive effects on indices of overall, property, and violent UCR-reported (where UCR is Uniform Crime Report) offenses in a cell and rape, aggravated assault, and burglary counts. In addition, foreclosures had greater effects on reported UCR crimes in stable neighborhoods, especially those with more owner-occupied homes. Conclusion Foreclosures were a robust predictor of crime in the current study

Intra and Inter-Neighborhood Income Inequality and Crime

Author's manuscript made available in accordance with the publisher's policy.One important factor in many macro-level theories of crime is income inequality. Although research generally shows that low levels of neighborhood income are associated with crime, research studies have been less clear on whether income inequality is a robust, independent predictor of crime, particularly in small area studies, and few studies have explicitly considered income inequality between neighborhoods, and those that do typically focus on homicide. The current study examines whether within and between neighborhood income inequality is associated with variation in violent and property crime. We employ geocoded Uniform Crime Report data from the Indianapolis police department and economic and demographic characteristics of the population from the American Community Survey for 2005–2009. Consistent with prior research, lower levels of income were associated with higher violent and property crime counts. Within-tract income inequality was also associated with higher Uniform Crime Reports violent and property crimes in most models. Results also showed that the ratio of tract income levels to neighboring tracts is associated with variation in crime. Thus, both local and nearby income inequality affect crime. Implications for theory and policy are discussed

The Spatial Extent of the Effect of Foreclosures on Crime

Author's manuscript made available in accordance with the publisher's policy.Although neighborhood stability has long been considered a substantial determinant of crime, foreclosures have not been the subject of concerted research among criminologists until recently. A number of recent studies have examined the linkage between home foreclosures and crime. Though generally finding a significant relationship, studies have used different approaches and units of analysis. This variation led us to examine the spatial extent to which foreclosures affect a relatively small surrounding area. In this paper, we consider the spatial extent of the foreclosure effect on crime by estimating fixed effect negative binomial models using geocoded UCR data for 2003–2008 and foreclosure data to predict crime counts using the number of foreclosures within various small area radii. Results show that, independently and jointly, foreclosures are a predictor of crime up to at least a distance of 2250 feet. Importantly, that effect declines with distance. We conclude with a discussion of the implications of those findings

Sensory Communication

Contains table of contents for Section 2, an introduction and reports on fourteen research projects.National Institutes of Health Grant RO1 DC00117National Institutes of Health Grant RO1 DC02032National Institutes of Health/National Institute on Deafness and Other Communication Disorders Grant R01 DC00126National Institutes of Health Grant R01 DC00270National Institutes of Health Contract N01 DC52107U.S. Navy - Office of Naval Research/Naval Air Warfare Center Contract N61339-95-K-0014U.S. Navy - Office of Naval Research/Naval Air Warfare Center Contract N61339-96-K-0003U.S. Navy - Office of Naval Research Grant N00014-96-1-0379U.S. Air Force - Office of Scientific Research Grant F49620-95-1-0176U.S. Air Force - Office of Scientific Research Grant F49620-96-1-0202U.S. Navy - Office of Naval Research Subcontract 40167U.S. Navy - Office of Naval Research/Naval Air Warfare Center Contract N61339-96-K-0002National Institutes of Health Grant R01-NS33778U.S. Navy - Office of Naval Research Grant N00014-92-J-184

Sensory Communication

Contains table of contents for Section 2, an introduction and reports on twelve research projects.National Institutes of Health Grant R01 DC00117National Institutes of Health Grant R01 DC02032National Institutes of Health/National Institute of Deafness and Other Communication Disorders Grant 2 R01 DC00126National Institutes of Health Grant 2 R01 DC00270National Institutes of Health Contract N01 DC-5-2107National Institutes of Health Grant 2 R01 DC00100U.S. Navy - Office of Naval Research Grant N61339-96-K-0002U.S. Navy - Office of Naval Research Grant N61339-96-K-0003U.S. Navy - Office of Naval Research Grant N00014-97-1-0635U.S. Navy - Office of Naval Research Grant N00014-97-1-0655U.S. Navy - Office of Naval Research Subcontract 40167U.S. Navy - Office of Naval Research Grant N00014-96-1-0379U.S. Air Force - Office of Scientific Research Grant F49620-96-1-0202National Institutes of Health Grant RO1 NS33778Massachusetts General Hospital, Center for Innovative Minimally Invasive Therapy Research Fellowship Gran