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Economy

The benefits and costs of tax-exempt properties

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Steve Carmody
/
Michigan Radio
Schools are examples of tax-exempt properties within a community.

It's no overstatement to say that property tax revenues are really the lifeblood of local government.

So what do local leaders think about the tax exempt properties within their borders – the ones that take up municipal services, but are exempt from paying taxes? Examples of these properties are religious institutions and schools.

The Center for Local, State and Urban Policy at the Ford School of Public Policy at the University of Michigan made that the central question of its latest Michigan Public Policy Survey. Program manager Tom Ivacko joined us to discuss the survey.

*Listen to the audio above.

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