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Why one-size-fits-all reform approach isn’t ideal to stem rising property tax rates

Posted at 10:17 AM, Apr 11, 2019
and last updated 2019-04-11 13:14:39-04

State lawmakers wonder if a one-size-fits-all reform approach to stem rising property tax rates does more harm than good.

6 Investigates will look into that tonight in our reports.

Some describe those reforms could be “catastrophic” for smaller, rural cities and others like ours.

The biggest concern is the push to lower the amount local governments can raise for taxes each year in order to meet their budgets.

It’s called a “rollback” trigger. And the concern is those rollbacks will put local governments into a fiscal hole.

More on that tonight in our reports at 6 p.m. and 10 p.m.

 

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