"Property wealth" refers to the value or worth of properties that a person or entity owns. It represents the combined financial value of all the properties one possesses, such as houses, land, or buildings. Full definition
The amount of property wealth in each school district determines the amount of taxes it can raise locally to finance its education needs. (carpediemwestwood.com)
The state's wealth - neutrality score, which measures that relationship, shows a moderate relationship between education revenue and local property wealth in the state. (edweek.org)
The bill protects some school districts in areas with high property wealth and per - pupil spending from seeing general aid deductions in the school funding formula in cases where voters approve capital projects. (weac.org)