To: Michele NeSmith From: Ashley Meggitt Re: TELs Date: 9 ...
To: Michele NeSmith From: Ashley Meggitt Re: TELs Date: 9/8/2006
UTAH
Main Features of the Limit:
1989, Statute, Spending
Spending Growth is limited by formula that includes growth in population, and inflation.
Overall: Null Report for TELs effects on counties
• TEL applies only to the state
• No local government TEL
• Local Governments have not had to cut programs and services due to the TEL
• There have not been any shifts the state has made to local governments due to the TEL
• TEL has not caused any general problems
MICHIGAN
Main Features of the Limit:
1978, Constitution, Revenue
Revenue limited to 1% over 9.49% of the previous year’s state personal income.
Overall: Negative Report for TELs effects on Counties.
• Headlee Amendment, 1978, limited them to taxing 9.49% of personal income (contradictory to info above).
• Problems for Counties
▪ Must roll back milleage levy if the taxing unit’s equalized value increases over the rate of inflation (excluding new construction, improvements or losses).
▪ 1994 Constitutional Amendment, approved by voter, freezes property taxes: property taxes can only increase by the rate of inflation or 5, whichever is less.
-tax rate is “uncapped” when homes are sold, and taxable value catches up to the taxable value, this is termed a “pop-up.” (see email attached)
▪ TABOR-like constitutional amendment which would limit revenue taken into the state to 2006 revenue number, plus a small inflation factor
-Counties would have to take all special assessments, all multi year indebtedness to voters for approval (even copier rentals).
-Hoping it stays off ballot! Likely to be kicked off for fraudulent signatures!
NORTH CAROLINA
Main Features of the Limit:
1991, Statute, Spending
Spending is limited to 7% or less of total state personal income
Overall: Null report for TELs effects on counties.
• Reported not having a TEL (contrary to info above)
• In Theory, limited to 1.5 per 100 but there are many exemptions= “meaningless” ex:-no limit in taxing for social services and schools
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