It's growing at a much higher rate than population inflation. And so, you know, what's happened is we balanced that out several years ago and in the State's portion was 50%. What's happened is Local property appraisals have grown at nearly twice the rate of inflation. while government spending at the state level has maintained an inflation and population level. So you're having local property tax growth at twice the rate of the state spending, which … (03:48–03:53)
CLAIM
Asserts that local property appraisals are increasing at a rate nearly double that of inflation.
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