How are special assessments for local improvements calculated?

Special assessments for local improvements are calculated on the basis of the benefit the property receives. This approach ensures that property owners are charged in proportion to the value added to their property by the local improvement, such as new sidewalks, streets, or sewer systems. The rationale is that properties which stand to gain more from the improvement will contribute accordingly, reflecting a fair distribution of costs among those who benefit from the enhancements.

This method is grounded in the principle of equity, as it aligns the assessment with the advantage gained rather than arbitrary criteria, such as market value or lot size. It avoids the pitfalls of charging equally across all properties or basing assessments purely on front footage, which may not accurately represent the value derived from the improvements. Thus, calculating special assessments based on the benefit to the property is the most logical and equitable approach in ensuring that funding for local improvements is raised appropriately.