10-21-2016, 04:43 PM
(10-21-2016, 11:51 AM)kps Wrote:(10-20-2016, 02:18 PM)Viewfromthe42 Wrote: They've already kowtowed to the all-property-tax-increases-must-be-below-inflation but GRT-increases-must-all-be-multiples-of-inflation, so...
When did that happen? Regional tax increases have been 3% for last couple years, while inflation was 1–2%.
Oops I slipped on my keyboard
(note: the alignment for the "year" of these may be off by 1, I haven't thought hard about whether they should round up or down a year)
So yes, property tax increases have been above inflation, but still much lower than the GRT monthly pass' increases.
Data:
Code:
Year Property Tax Increase Inflation GRT Pass Tickets
2010 2.60% 0.26% 0.0% 0.0%
2011 1.89% 1.84% 5.0% 8.3%
2012 2.53% 2.92% 7.9% 7.7%
2013 2.74% 1.50% 5.9% 9.5%
2014 1.86% 0.90% 5.6% 7.4%
2015 2.58% 1.95% 3.9% 4.0%
2016 2.96% 1.12% 3.8% 3.5%
2017 2.30% 1.11%