The NYT has a good article telling readers that many state and local governments are facing the prospect of revenue shortfalls as property tax assessments get revised downward. This problem, which is likely to get much worse over the next couple of years, was entirely predictable. This point should have been made in the article.
The American Prospect is nonprofit, reader-funded journalism—and we need your help.
Our reporters dig deep, hold power to account, and explain how policy shapes people’s lives. If you value independent journalism that goes beyond the headlines, now’s the time to support it.
Here’s how you can help: • Donate to power fearless reporting
• Subscribe to get our print magazine 6x/year.