What is “Fiscal Disparities?
Fiscal disparities is a tax base sharing program created in 1971 in the seven county metropolitan area to promote better regional planning and improve equity in the distribution of fiscal resources. Forty percent of the growth in commercial and industrial property is “shared” with all taxing jurisdictions in the seven county metropolitan area.
Fiscal disparities is a tax base sharing program created in 1971 in the seven county metropolitan area to promote better regional planning and improve equity in the distribution of fiscal resources. Forty percent of the growth in commercial and industrial property is shared with all taxing jurisdictions in the seven county metropolitan area.