Municipal reform in Jamaica is a central pillar in a transformational process tailored to effect economic dynamism, growth and sustainable development at the local level. It however is an exercise that at the outset must be grounded in an in-depth diagnostic analysis that carefully maps present capabilities and identifies policy and administrative weaknesses. In fact to date Municipal Revenue Reform which includes property taxes represents the single largest omission in the process of tax reform in Jamaica to date. Hence any effort in this regard must be combined with policy decisions on the future role of property taxes, particularly as part of a broader fiscal decentralization strategy. This is an area impatient of reform as it represents a significantly untapped and immediate source of revenue.