Journal of Property Tax Assessment & Administration
Abstract
This examination begins with a review of previous research on the issue of vertical and horizontal equity. It then describes the tests for equity conducted on the sample of properties in Lubbock, Texas, and presents the results. Following a description of the current ad valorem system in Texas, two alternatives are offered to the traditional property assessment system. The first proposes a legislative means of correcting for appraisal drift; the second outlines a differential tax rate system.
First Page
21
Last Page
43
Keywords
Property tax incidence
Notes
This article expands upon the ideas originally presented in a paper at the American Real Estate Society (ARES) 2011 annual meeting held April 13-16 in Seattle, Washington.
Recommended Citation
Dare, W. H., Goebel, P. R., & Isett, C. H. (2013). Addressing appraisal drift in property taxation : alternatives to traditional taxation methods. Journal of Property Tax Assessment & Administration, 10(1), 21-43. Retrieved from https://researchexchange.iaao.org/jptaa/vol10/iss1/2
