What’s the difference between an assessment and a tax?


A tax goes into the City’s general fund and is spent at the City’s discretion. Taxes typically pay for services such as police, fire, transportation, sewer, water, environmental issues, etc. The PBID is an assessment that provides a special benefit to the payors that is not provided to those not charged. The assessment funds are spent at the property owner’s discretion, and cannot be diverted to government programs. 

Be the first to comment

Please check your e-mail for a link to activate your account.