Finance - School Finance and Property Taxation
91. Property Tax Relief
We support these incremental steps toward the ultimate abolition of property tax:
a. Dedicate surpluses to buy down school district maintenance and operation property tax.
b. Replace the appraisal system with a system that values property at the purchase price.
c. Require appraisal districts to publish the amount of property taxes and appraisals attributable to each rental unit.
d. Close the loophole called the "Unused Increment Rate," which allows taxing entities to bypass recently added limits to increases in property taxes.
