Special Assessment Tax
Special assessment is the term used in the United States to designate a unique charge that government units can assess against real estate parcels for certain public projects. This charge is levied in a specific geographic area known as a Special Assessment District (S.A.D.). A special assessment may only be levied against parcels of real estate which have been identified as having received a direct and unique "benefit" from the public project.
Read more about Special Assessment Tax: Examples, Special Assessment District, Benefit, Tax Limited To Real Property, Summary of Special Assessment Components, Difficulty, See Also
Famous quotes containing the words special, assessment and/or tax:
“The great rule: If the little bit you have is nothing special in itself, at least find a way of saying it that is a little bit special.”
—G.C. (Georg Christoph)
“The first year was critical to my assessment of myself as a person. It forced me to realize that, like being married, having children is not an end in itself. You don’t at last arrive at being a parent and suddenly feel satisfied and joyful. It is a constantly reopening adventure.”
—Anonymous Mother. From the Boston Women’s Health Book Collection. Quoted in The Joys of Having a Child, by Bill and Gloria Adler (1993)
“...many tax collectors and sinners were also sitting with Jesus.”
—Bible: New Testament, Mark 2:15.