In this follow-up to last week’s piece about Galesburg, IL, we’ll look at what the town needs in order to recover and thrive.
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Citizens of Galesburg, IL, are trying to save their public indoor pool and create a new activity complex. City council is sympathetic, but there's just one problem: money.
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The inequities in the tax assessment system are national. But the solutions will have to come from the bottom-up.
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If we want to live in a free and equitable society where everyone has the potential to succeed and experience prosperity, we have to understand where the inequities begin.
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Cities are the economic engines of our society, yet as a recent report shows, their fiscal stability can be seriously affected by local tax limitations.
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Has your property tax bill skyrocketed this year? It’s worth taking a deeper look into how your county or city does their assessments...
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Property tax cap laws have been around for decades and are now on the books in 44 states — most recently in Texas. So why are we still surprised when they make our local communities more fragile and less resilient?
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Even the fastest-growing cities have them: under-utilized lots in the center of town whose owners don’t want to develop, but also don’t want to sell. Often, the property tax code rewards this kind of land speculation.
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