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Local Property Tax

Local Property Tax is a tax imposed by local governments, such as cities or counties, on real estate properties within their jurisdiction. The tax is based on the property's assessed value, which is determined by local tax assessors. Revenue generated from this tax typically funds essential services, including public schools, infrastructure, law enforcement, and parks. Property owners receive a tax bill annually, and the amount owed can vary based on changes in property value and local tax rates. This system helps ensure that communities have the resources they need for public services and development.