Municipal value is a term that can have different meanings depending on the context. Here are some of the definitions found in the search results:

• Municipal value of a property: This is the total combined value of land and the buildings on a beneficiary property, as reflected in the valuation roll. It is also known as the WOZ value in the Netherlands, where municipalities assess the value of immovable property by carrying out a valuation based on the amount the property would have sold for on the reference date (1 January of the previous year). In India, the municipal value is comparable to the guideline value or circle rate, and it is set by a local municipal body or municipal committee to determine the rental value of a property.

• Municipal value fund: This is a type of investment fund that invests in municipal securities that are exempt from federal and state income taxes.

• Municipal property value: This is a term related to the level at which property rates will not be levied indigent support may be granted.

It is important to note that municipal value should not be confused with market value, which is the price that a property would fetch in the open market.