Today it's 60 billion. Seven years later, on current trajectory, in three or four years it's going to be 83 billion. So what we've said is The homestead is a third of the total revenue. And look, I will provide money to backfill in these initial days. But it's kind of like when California did Prop 13. They were saying the sky was going to fall. (16:37–16:41)
CLAIM
Asserts that homestead property taxes constitute a third of total property tax revenue.
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