OpenSky Column – Keeping budget growth low not the solution some claim it is

Some suggest that if budget growth can be kept near the unusually low levels achieved in the current state budget, there will be plenty of revenue to lower taxes. However, it was our state’s high reliance on property taxes to fund K-12 schools that played a key role in the budget’s low growth rate of 3.5 percent. Furthermore, if budget growth is to remain at current levels, it’s highly probable that property taxes will need to increase even further to avoid cuts to our schools.

By |2018-03-05T09:40:06-06:00September 18th, 2015|Blog, Budget and Tax, Home Featured, Revenue|0 Comments
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