Releases

Letter providing an analysis of school property taxes paid by homeowners age 70 and older (October 2013).
The analysis presents a preliminary assessment of data on the cost of a school property tax freeze for those homeowners and a brief discussion of factors that affect the cost of a freeze over the long-term.

This report presents the results from an analysis of House Bill 76 and Senate Bill 76 performed by the Independent Fiscal Office (IFO). The proposed legislation eliminates local school district property taxes and replaces those funds with sales and use and personal income taxes, as well as monies redirected from the Property Tax Relief Fund.

• Presentation to the Senate Finance Committee on 10/15/2013.
• Data for the graphs in section 4 of the report that display the annual and cumulative changes in personal income, sales and school property tax collections.
• Introduction, which contains summary results from the report.