ABSTRACT

Chapter 14 discusses two alternative approaches used to address fiscal disparity, meaning the differences in revenue-raising capacity among local governments that are a product of the type of development that occurs. The two alternatives are tax-base sharing and interlocal agreements to create joint economic development zones. Redevelopment areas and agricultural districts are also addressed in this chapter. Chapter 14 concludes with summary of research on the relationship of elementary and secondary school finance to local planning and property taxation.