That's cumulative on top of everything that's happened. So that's a legitimate thing to point out, and the population growth is a legitimate thing to point out. But If you adjust for [population growth and inflation], you still wouldn't get $60 billion, you'd get about $44 billion. And so you have more than that. So that's what's happened with this. And I think when people say, I mean, I don't know, I'll ask this room. (38:46–38:52)
CLAIM
Asserts that adjusted property tax revenue for population growth and inflation would be $44 billion, not $60 billion.
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.
