Without hard caps on the amount these government entities are allowed to steal any changes in the tax code are merely shifts and eventually property taxes will come back. The state has done the rebate thing for a few years now. School have NOT dropped the amount they steal by the same amount. Its just another revenue stream for them.
These caps must have absolutely no escape clauses, no voter overrides, no well we had xyz happen and need a one time override. Facility repairs and maintenance should be budgeted for. Some school districts raise their levy to replace HVAC - things that have a fairly well know lifespan. Yet they never budget for this.
On the plus side at least these people are not doing much in the way of teaching fiscal / monetary education.
Without hard caps on the amount these government entities are allowed to steal any changes in the tax code are merely shifts and eventually property taxes will come back. The state has done the rebate thing for a few years now. School have NOT dropped the amount they steal by the same amount. Its just another revenue stream for them.
These caps must have absolutely no escape clauses, no voter overrides, no well we had xyz happen and need a one time override. Facility repairs and maintenance should be budgeted for. Some school districts raise their levy to replace HVAC - things that have a fairly well know lifespan. Yet they never budget for this.
On the plus side at least these people are not doing much in the way of teaching fiscal / monetary education.