Money from the federal government is often thought of as “free,” but, nothing could be further from the truth. The prevalence of federal funds has been shown to adversely affect a state’s economy, increase state government spending, and lead to a decline in state tax revenues.
Trends in Texas Governments: City of Garland
The city of Garland’s property tax is skyrocketing, especially as compared to basic economic measures, like population and inflation. According to its latest available Annual Comprehensive Financial Report (ACFR), the city’s property tax levy rose from $70,801,851 in 2013 to $138,853,429 in 2022, equating to a 96.1% spike in monies to the government (see pg....