by
<a href="mailto:candiceb@awcnet.org">Candice Bock</a>, <a href="mailto:sheilag@awcnet.org">Sheila Gall</a> | Apr 21, 2023
Despite the buzz created by <strong>SB 5770</strong>, a bill introduced in the last days of the session, the Legislature ultimately did not act to revise the 1% cap for state and local property tax to inflation and population, up to 3%.
Despite the buzz created by SB 5770, a bill introduced in the last days of the session, the Legislature ultimately did not act to revise
the 1% cap for state and local property tax to inflation and population, up to 3%. We are disappointed that this modest fix did not pass this year. The current 1% cap is arbitrary and does not keep pace with the costs of city services. Inflation alone
has averaged 2.4% in the past decade.
AWC has supported this proposal for a number of years, and we will continue to work with legislators over the interim to educate them about the need for local revenue options to allow cities to keep pace with their expenses.