Residential taxable value recovery in coastal Mississippi after Hurricane Katrina

Skip Krueger, Julie Winkler and Ronald L. Schumann

Local Government Studies, 2019, vol. 45, issue 3, 372-393

Abstract: The resilience of local fiscal resources is an important missing component of community recovery after disasters. We know little about how quickly or fairly broad-based taxable economic activities return to pre-disaster levels. For example, property tax revenue, typically heavily dependent on residential properties, is commonly the largest source of General Fund revenue for local governments in the United States. Because residential properties are frequently impacted by natural hazards, understanding the linkage between housing and fiscal resilience is critical. Yet there exist very few broad-based studies of housing recovery. This paper helps fill that gap by evaluating housing recovery in a coastal portion of the U.S. state of Mississippi after Hurricane Katrina. We find that while the influence on housing values of Hurricane Katrina’s flood and wind damage dwindled over time, race and income remained salient factors in the level of recovery of single-family homes and their taxable values.

Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/03003930.2018.1563541 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:flgsxx:v:45:y:2019:i:3:p:372-393

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/flgs20

DOI: 10.1080/03003930.2018.1563541

Access Statistics for this article

Local Government Studies is currently edited by Helen Hancock

More articles in Local Government Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().