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The property tax is the most important revenue stream for local governments. However, research has shown the most significant determinant of property tax for individuals–the assessed value of property–can often have large and systematic inaccuracies. These errors can result in millions of dollars in lost revenue for local governments and shift the tax burden to low-income property owners. In this session, we will examine this problem, the solutions, and what you can do about it, even if you don't have direct responsibility for property assessments.

Professor, University of Chicago

Principal, Urban3

Senior Manager, Research

Are You Losing Revenue from Inaccurate Property Tax Assessments? Unpacking Issues of Equity and Efficiency

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