Assessment of The Effect of Property Taxes on The Formation of Local Budget Revenues

The research analyzes the role and importance of property taxes in the formation of local budget revenues. Property taxes have been viewed as a key source of revenue to ensure financial stability at the local level. The share of property taxes in local budget revenues, their level of collection and effectiveness were evaluated. Existing problems in the collection of property taxes have been identified and suggestions for their solution have been developed. Also, recommendations are made to increase the role of property taxes in strengthening local budget revenues.