… a modest inflation adjustment, then you should have a little bit more predictability in the formula to deal with. Deal with the potential tax increases as a result of revaluation. Some people in the state of Ohio were seeing 30 or 40% increases as a result of those [property tax] changes, outpacing inflation. Obviously, a lot of it's based on what the home market is and what homes are selling for. (16:24–16:32)
CLAIM
Asserts that property tax increases in Ohio have outpaced inflation, with some seeing 30-40% increases.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.