Bill bans school property tax increases from reassessments
DOVER, Del. (AP) — Delaware lawmakers are considering legislation to prohibit local school boards from taking advantage of property reassessments to increase school district taxes. Current law says that if a county conducts a general reassessment of real estate values, each school board must calculate a new tax rate that would allow no more than a 10% increase in school property tax revenue compared to the previous fiscal year. A […]
