{"id":11,"date":"2022-09-26T05:59:40","date_gmt":"2022-09-26T05:59:40","guid":{"rendered":"https:\/\/www.nccor.org\/tools-econindicators\/?page_id=11"},"modified":"2022-10-04T12:17:16","modified_gmt":"2022-10-04T12:17:16","slug":"property-tax-revenue","status":"publish","type":"page","link":"https:\/\/www.nccor.org\/tools-econindicators\/healthy-economies\/property-tax-revenue\/","title":{"rendered":"Property Tax Revenue"},"content":{"rendered":"\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:40%\">\n<div class=\"wp-block-columns is-not-stacked-on-mobile is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:15%\">\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.nccor.org\/tools-econindicators\/wp-content\/uploads\/sites\/9\/2022\/09\/icon_afc_arrow-green.png\" alt=\"Arrow right\" class=\"wp-image-50\" width=\"37\" height=\"20\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:85%\">\n<h2 class=\"has-nccor-purple-color has-text-color wp-block-heading\" style=\"font-size:22px\"><strong>What does this indicator mean?<\/strong><\/h2>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:60%\">\n<p>State or local tax revenues on real estate.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:40%\">\n<div class=\"wp-block-columns is-not-stacked-on-mobile is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:15%\">\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.nccor.org\/tools-econindicators\/wp-content\/uploads\/sites\/9\/2022\/09\/icon_afc_arrow-green.png\" alt=\"Arrow right\" class=\"wp-image-50\" width=\"37\" height=\"20\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:85%\">\n<h2 class=\"has-nccor-purple-color has-text-color wp-block-heading\" style=\"font-size:22px\"><strong><strong>How is this indicator useful for creating and measuring activity-friendly places?<\/strong><\/strong><\/h2>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:60%\">\n<ul class=\"wp-block-list\"><li>To determine how much additional fiscal value has been created following activity-friendly community investments, such as walk, bike, and transit infrastructure.<\/li><li>To identify areas with quickly rising property values to inform policies and protections for financially vulnerable residents.<\/li><\/ul>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:40%\">\n<div class=\"wp-block-columns is-not-stacked-on-mobile is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:15%\">\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.nccor.org\/tools-econindicators\/wp-content\/uploads\/sites\/9\/2022\/09\/icon_afc_arrow-green.png\" alt=\"Arrow right\" class=\"wp-image-50\" width=\"37\" height=\"20\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:85%\">\n<h2 class=\"has-nccor-purple-color has-text-color wp-block-heading\" style=\"font-size:22px\"><strong><strong><strong>What would help the most people benefit from this indicator?<\/strong><\/strong><\/strong><\/h2>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:60%\">\n<ul class=\"wp-block-list\"><li>Educate property developers and owners with examples showing that pedestrian-, bicycle-, and transit-friendly designs do not diminish property values or community character, and in most cases add attributes that are highly valued by home buyers and potential employees.<\/li><li>Reinvest increased public revenue in goods and services that respond to community needs (e.g., quality public spaces, discounted transit cards).<\/li><li>Provide incentives to developers in exchange for community benefits.<\/li><li>Earmark a portion of anticipated tax revenue increases to mitigate displacement.<\/li><li>Offer tenant protections from condo conversions if property values increase.<\/li><li>Zone for a wider range of housing options that are specific to the needs and context of a community.<\/li><\/ul>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>What does this indicator mean? State or local tax revenues on real estate. How is this indicator useful for creating and measuring activity-friendly places? To determine how much additional fiscal value has been created following activity-friendly community investments, such as walk, bike, and transit infrastructure. To identify areas with quickly rising property values to inform &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.nccor.org\/tools-econindicators\/healthy-economies\/property-tax-revenue\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Property Tax Revenue&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":88,"parent":28,"menu_order":30,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-11","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.nccor.org\/tools-econindicators\/wp-json\/wp\/v2\/pages\/11","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nccor.org\/tools-econindicators\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.nccor.org\/tools-econindicators\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.nccor.org\/tools-econindicators\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nccor.org\/tools-econindicators\/wp-json\/wp\/v2\/comments?post=11"}],"version-history":[{"count":0,"href":"https:\/\/www.nccor.org\/tools-econindicators\/wp-json\/wp\/v2\/pages\/11\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.nccor.org\/tools-econindicators\/wp-json\/wp\/v2\/pages\/28"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nccor.org\/tools-econindicators\/wp-json\/wp\/v2\/media\/88"}],"wp:attachment":[{"href":"https:\/\/www.nccor.org\/tools-econindicators\/wp-json\/wp\/v2\/media?parent=11"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}