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Auditors and taxpayers groups back bill to tie 20‑mill floor growth to inflation
Summary
County auditors and taxpayer advocacy groups testified in favor of House Bill 186, which would limit revenue growth for school districts already at the 20‑mill floor by tying allowable increases to inflation (cited as the GDP deflator) rather than to rising property values.
County auditors, taxpayer advocates and coalition witnesses provided proponent testimony on House Bill 186, a measure that would change how revenue growth is calculated for school districts at the state’s 20‑mill floor.
Chris Klein, chief deputy auditor for Lawrence County, told the committee the bill would tie allowable revenue growth in floor districts to cumulative inflation between mandated valuation updates instead of letting increases in property values directly drive higher property-tax bills. "House Bill 186…
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