School Cuts Predicted If S.D. Tax Limit Is Voted
With the general election coming up, some South Dakota residents are delighted to be one month away from a chance to alleviate a heavy property-tax burden. But from educators' point of view, the state's schools are one month away from potential disaster.
If voters approve a property-tax-limitation initiative included on the November ballot, it could cost schools and local governments up to $350 million a year, opponents of the measure say.
Initiative One would do that by limiting property taxes to 1 percent of a property's assessed value and limiting property-tax...
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