Lawmakers are examining property tax options amid complaints that taxes are going up with rising property values, while also hearing concerns from cities and counties that they’re operating on tight budgets.
The Property Tax Working Group took no action Monday following a day of presentations that also included university and state financial experts.
Ultimately, the group aims to make recommendations and perhaps offer legislation to the full Legislature in January.
State officials say home values have increased sharply in recent years, though other factors are also involved in property taxes.
Officials say that just under a third of property taxes go to schools, followed by counties and then cities each using about 26%.
Republican Sen. Kelly Anthon summed up the day’s presentations by saying they represented the complexity of the issue the group is facing.
AP Only 2019