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by lotsofpulp 1408 days ago
That is a California specific phenomenon due to various caps they put at state level on the rate at which property taxes can be increased
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Even in other states which lack property tax caps, the basic framework within which tax rates are set is controlled at the state level. For example, some economists have proposed replacing property taxes with land value taxes but it would be impossible for a single city to do so without enabling state legislation.
Interesting. I assumed counties/cities are relatively free to set property tax rates according to their budget, and the city needing to compete with other cities is what keeps them relatively in line.