Jun 21 , 2016

Tampa School of Real Estate

Tax District

Definition:   an authority, such as a city, county, school board, or special levy area, with the power to assess property owners annually in order to meet its expenditures for the public good

Pronunciation:   \ˈdis-(ˌ)trikt\

Used in a Sentence:   Every fiscal year, each tax district prepares an operating budget for the next fiscal year.