At an Urban Institute conference in late May on the effects of the housing crisis on state and local governments, James Alm and David Sjoquist from Georgia State University gave a presentation entitled “Rethinking Local Government Reliance on the Property Tax.”
Alm & Sjoquist look at national property tax trends for the first half of their slides, but then focus on Georgia as a case study. One of their observations (on slide #22 of their presentation) is this table showing that declining property values have not caused an increase in the number of Georgia school districts increasing their millage rates:
However, it looks to me like an increasing number of school districts are no longer lowering their millage rates.
Their full PowerPoint presentation is available here.
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