I understand it is a big problem. It would be great if when property values shoot up then the rate would be reduced, keeping the payment about the same. Have th

I understand it is a big problem. It would be great if when property values shoot up then the rate would be reduced, keeping the payment about the same. Have the revenue go up a little over time. Property taxes mostly pay for schools. I read a story about funding schools in Utah. The way it was done in this district was that the district was responsible and could be trusted not to waste money. They figured out what the budget they needed each year, it was approved, and then the tax rate was set to cover the budget. This would be a great situation to live in because when property values go up a lot over a few years but the cost to run the schools don't go up much, the school district lowers the tax rate instead of trying to find ways to spend all the extra money they are getting.