have the sole power to lower property taxes in their jurisdictions by deciding to take in less revenue from property tax (i.e. In that editorial, I mentioned that school funding and property tax relief deserves its own discussion. The funding of the maintenance and operations (“M&O”) of public schools is provided from: (1) appropriations from the state; and, (2) local property taxes. To further reduce the local share of public education funding and the associated property taxes, the State would need to provide additional funding. Last session, in an effort to further reduce these associated property taxes, ideas of alternative funding sources were identified and debated.

Source: The Herald June 06, 2020 09:33 UTC