[staytrue]

Under those caps, municipalities could increase property taxes only for new construction costs or by referendum. Schools would have been allowed to increase their revenue from property taxes by 2% in the first year of the budget and 1.6% in the second.

The freeze seems reasonable. It even allows an increase for the schools

One freeper had a great line regarding taxation. It went "I see you have some money there. Give it to me."

[ninenot]

Actually, the freeze provision allows increases of 1% for municipalities and counties, plus the school increase you indicated, plus revenue increases consonant with new development--PLUS the ability to increase beyond these limits with a referendum.

It's not really a "freeze," it's a warning shot.

[kittymyrib]

My daughter's family recently moved to a brand new development near Fort Worth, TX. As she met her new neighbors, she was surprised that there were five families from Wisconsin on her street. They were unanimous in saying that they were happy to get out of there and away from the outrageous taxes they were paying on homes that were not nearly as nice as theirs in Texas.