school property tax
School property tax refers to a type of tax imposed on real estate properties, such as homes and commercial buildings, within a specific jurisdiction to fund local schools and educational institutions. The tax amount is typically based on the assessed value of the property and collected by the government to support education-related expenses and improvements in the local school district.
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Related Concepts (1)
Similar Concepts
- commercial property tax
- county property tax
- municipal property tax
- personal property tax
- property tax bills
- property tax collections
- property tax deductions
- property tax exemptions
- property tax funding for schools
- property tax increases
- property tax rates
- property taxes
- residential property tax
- school funding
- state property tax