5 Key Pieces of Informed Intel from Revenue Cap Editorial.

San Antonio Express News Editorial, Revenue caps heavy-handed, bad for Texas,  gives us 5 reasons to oppose revenue caps.

Revenue Caps should be opposed because: 

• property taxes are driven by school districts, not counties and municipalities
  • In San Antonio, the average property tax bill is only 22% City of San Antonio 
• Lower property taxes can be achieved with improved state education funding
• City and County property tax levies have increased because of new residents, not by taxing the same static set of residents at a higher rates
• Revenue Caps limit city budget flexibility to plan for economic downturn
• Limiting the freedom of city’s to plan for economic downturns does not increase freedom for all