Posts Tagged ‘property taxes’
Apparently, DC Property Owners Don’t Pay Their Taxes Anymore…
Property taxes! They just don’t save city budgets like they used to.
The AP has a story out today about the District’s $340 million two-year budget shortfall. One of the main culprits is undelivered property taxes—or as the city’s Chief Financial Officer Nat Gandhi said:
Much of the latest shortfall comes from a $123 million reduction in property taxes collected this year. Gandhi said almost one in five property owners is delinquent on taxes.
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