Special assessments
Term · Economic statistics · MLC-T-ECS-001819
Compulsory contributions collected from owners of property benefited by special public improvements (street paving, sidewalks, sewer lines, etc.) to defray the cost of such improvements (either directly or through payment of debt service on indebtedness incurred to finance the improvements) and apportioned according to the assumed benefits to the property affected by the improvements.
| Identifier | MLC-T-ECS-001819 |
|---|---|
| Field | Economic statistics |
| Subject | Governments |
| References | U.S. Census Bureau Glossary |
| See also | Natural resources; Nonguaranteed debt; Revenue (Business); Statistics about Governments |
Record as JSON
{
"id": "MLC-T-ECS-001819",
"term": "Special assessments",
"field": "Economic statistics",
"definition": "Compulsory contributions collected from owners of property benefited by special public improvements (street paving, sidewalks, sewer lines, etc.) to defray the cost of such improvements (either directly or through payment of debt service on indebtedness incurred to finance the improvements) and apportioned according to the assumed benefits to the property affected by the improvements.",
"subject": "Governments",
"see_also": [
"Natural resources",
"Nonguaranteed debt",
"Revenue (Business)",
"Statistics about Governments"
],
"references": [
"U.S. Census Bureau Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/special-assessments/"
}
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