So we've got to completely overhaul the formula itself while we address city and municipalities needs. All right, thank you. So we're going to stick to that theme. So 93. There were levy limits on schools In 2005, they adopted municipal levy limits and then tightened them in 2011 so that most cities and villages can only increase their levy based on net new construction growth. regardless of inflation or rising service costs. So little example here. My city of Glendale, landlocked, fully developed. All I can do is redevelop properties. (03:59–04:12)
CLAIM
Asserts that municipal levy limits were adopted in 2005 and tightened in 2011, limiting levy increases to net new construction growth.
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