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This translates into lost property tax revenues of $1 million to $2.7 Research has shown vacant and abandoned properties lead to a decrease in taxable values of surrounding properties and increase the likelihood of mortgage and tax foreclosures nearby creating a harmful domino effect that creates revenue challenges for local governments.
It’s through the strategy and policy produced by elected officials, that administrative professionals translate, create context for, and craft these campaign promises into actual deliverable results to the publics and constituencies. Image: Wikipedia.
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