: a specific tax levied on private property to meet the cost of public improvements that enhance the value of the property
Example Sentences
Recent Examples on the WebIf the master association declaration allows the board to adopt a special assessment within a board vote only, the board has the authority to do so. Howard Dakoff, Chicago Tribune, 21 Aug. 2022 Those owners are facing a pricey special assessment to fix the damage, and the price may go up if more defective building enclosures are discovered during ongoing inspections. Cameron Sperance, BostonGlobe.com, 26 June 2022 Capitol Police released a special assessment Jan. 3, 2021, anticipating members of the Proud Boys and other groups were expected and would target Congress, according to the Jan. 6 committee's vice chair, Rep. Liz Cheney, R-Wyo. Bart Jansen, USA TODAY, 12 July 2022 Hohn was also ordered to pay a fine of $30,000, a special assessment of $20,000 and $6,000 in restitution to the victims.sun-sentinel.com, 23 Feb. 2022 Employers will have to pay down the bonds over a decade through a special assessment added to their regular UI taxes. Larry Edelman, BostonGlobe.com, 7 July 2022 Those familiar with the Harbor Towers special assessment saga of the early aughts may be getting a sense of déjà vu. Cameron Sperance, BostonGlobe.com, 26 June 2022 Brooks also assessed three special assessment fees totaling $40,100, which are due immediately. Ron Wood, Arkansas Online, 26 May 2022 Once approved by council, the creation of a shoreline special improvement district allows for special assessment levies. John Benson, cleveland, 4 Apr. 2022 See More
Word History
First Known Use
1875, in the meaning defined above
Legal Definition
special assessment
noun
: a specific tax levied on private property to meet the cost of public improvements that provide a special benefit enhancing the value of the property