If we move this red line up to the 40 percent, which is up here at the blue line, property taxes have a good opportunity of going down because property taxes are going up, up, up because the local district has a Federal mandate. But the Federal Government does not put the money there, so the local district has to raise the taxes in order to fund the special education Federal mandate.
Discussing the impact of federal mandates on local property taxes during a floor speech.
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