Episode 26 – Should states be setting a limit on city property taxes?
Today we're talking about a push by state lawmakers in Texas to put a cap on how much cities can raise their property tax rates from one year to the next. This proposed legislation would have huge repercussions, severely undercutting cities' ability to collect enough revenue to pay for needed services. To help us dive deeper into what this means for city governments, we're joined by Mayor Connie Schroeder of Bastrop, Texas. (You may have heard her on an earlier episode of this podcast.)
Though this episode is specifically about the legislative battle in Texas, the discussion absolutely has relevance for cities and citizens across the country. As we've talked about repeatedly, so many cities are facing a resource gap between what they have on hand and what they really need. We feel strongly that cities (and the people who make them up) would suffer unnecessarily should their state legislatures restrict their ability to collect revenue.
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