2022 valuation spikes led to big property tax increases in some counties0

• Tax & Spending
• March 31, 2023

The Truth in Taxation revenue-neutral law continues to save taxpayers money in some counties, but elected officials elsewhere took advantage of valuation spikes to impose large property tax increases last year. Actions taken last year by education entities (local school boards, community colleges, etc.) for 2023 budgets resulted in increases below 3% in 30 counties;