property tax

noun

: a tax levied on real or personal property

Examples of property tax in a Sentence

Recent Examples on the Web That reduction, along with others, would bring the property tax increase for Montpelier residents down to 14%. Riley Robinson, The Christian Science Monitor, 5 June 2024 Under that mechanism, new property tax revenue that would normally go toward the coffers of the city, facing a $66 million budget deficit, is redirected toward helping the developer fund the project — paying for infrastructure such as roads, stormwater and sewer improvements. Theresa Clift, Sacramento Bee, 31 May 2024 The new budget forecasts property tax revenues will hit $2.7 million, an increase of about $100,000 from the current year. Tammy Murga, San Diego Union-Tribune, 24 May 2024 The state responded with a bailout to prop up schools and local governments as property tax revenues plummeted. Dan Walters, The Mercury News, 22 May 2024 See all Example Sentences for property tax 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'property tax.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1808, in the meaning defined above

Time Traveler
The first known use of property tax was in 1808

Dictionary Entries Near property tax

Cite this Entry

“Property tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/property%20tax. Accessed 11 Jun. 2024.

Legal Definition

property tax

noun
: a tax levied on real or personal property (as by a municipality) compare excise, income tax

More from Merriam-Webster on property tax

Last Updated: - Updated example sentences
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