SPECIAL ASSESSMENT
(noun)Definitions
There is 1 meaning of the phrase
Special Assessment.
Special Assessment - as a noun
An additional tax levied on private property for public improvements that enhance the value of the property
Example Sentences
"The homeowners were required to pay a special assessment to cover the cost of road repairs."
"The special assessment was used to fund the construction of a new community center."
"The condo association imposed a special assessment to cover the cost of repairing the roof."
"The city council approved a special assessment to finance improvements to the local park."
"The special assessment was added to the residents' property tax bill."
