A statewide property tax levy freeze: would allow property tax revenue to grow...
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Accounting
A statewide property tax levy freeze:
would allow property tax revenue to grow as rapidly as the growth in assessed value.
would require that all local jurisdictions in the state have the same property tax rate.
would cause property tax rates to rise when assessed value increases.
would limit local expenditure growth to that financed by non-property tax revenue.
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