The legislature could potentially allow for some public-purpose land uses to be partially exempt from taxation, recognizing that these amenities often increase the value of land around them. (I would include public restrooms in this category.)
Ha, sharp eye! Or ear, I should say. Kyle left things in great shape, just trying to keep the bar where he set it. Thanks for the welcome, lots of good episodes coming.
There was a comment in the podcast about property tax being unable to keep up with growth, but I didn't hear any recognition of new construction being one of the only ways that property tax is allowed to grow beyond the 1%/yr limit.
I'm so excited for this one! I think LVT may really be the secret sauce to land use reform
What happens to a vacant lot when it remains privately owned but is turned into a public playground?
The legislature could potentially allow for some public-purpose land uses to be partially exempt from taxation, recognizing that these amenities often increase the value of land around them. (I would include public restrooms in this category.)
Great episode! Your credits have changed! What happened to Kyle? And welcome to Nate!
Ha, sharp eye! Or ear, I should say. Kyle left things in great shape, just trying to keep the bar where he set it. Thanks for the welcome, lots of good episodes coming.
There was a comment in the podcast about property tax being unable to keep up with growth, but I didn't hear any recognition of new construction being one of the only ways that property tax is allowed to grow beyond the 1%/yr limit.