Question

What is a unique characteristic of a special assessment tax?

a. It only applies to properties that will benefit from the public improvement.
b. The equalization board discounts levies for properties not affected by the public improvement.
c. More valuable properties that stand to benefit will pay proportionately more taxes.
d. It creates an involuntary junior lien on the property.

Answer 1

A unique characteristic of a special assessment tax is that it only applies to properties that will benefit from the public improvement. It creates an involuntary junior lien on the property, and more valuable properties that stand to benefit will pay proportionately more taxes.

Step-by-step explanation:

A unique characteristic of a special assessment tax is that it only applies to properties that will benefit from the public improvement. This means that the tax is specifically targeted to those properties that will receive a direct benefit from the improvement, such as a road or a park.

In addition, the special assessment tax creates an involuntary junior lien on the property. This means that the tax becomes a priority lien on the property, similar to a mortgage, and must be paid before any other liens or mortgages.

Finally, more valuable properties that stand to benefit will pay proportionately more taxes. The tax is typically based on the property's value, so properties with higher values will pay a higher amount of tax.