Beyond the property tax: local government revenue diversification

Abstract

Local governments in the U.S. rely less on the property tax than they have historically. This long-term trend has been accompanied by important shifts in the composition of local revenues. While the property tax still serves as one primary source of local government revenue, increasingly other sources are used to pay for local government. This paper first examines that trend, the forces behind it, and its regional impact. We then explore trends in three central states - - Iowa, Nebraska, and Arkansas -- that have experienced substantial revenue shifts in recent years. A concluding section discusses the options for the future.

Citation

Bartle, J.R., Ebdon, C. and Krane, D. (2003), "Beyond the property tax: local government revenue diversification", Journal of Public Budgeting, Accounting & Financial Management, Vol. 15 No. 4, pp. 622-648. https://doi.org/10.1108/JPBAFM-15-04-2003-B006