I also don’t understand the level of whining that Floyd seems to be doing about this. This is a 3% cap per year, no? That doesn’t mean the City can’t raise revenue; it only means the most it can increase is by 3% per year from assessments alone. It can still increase millage.

None of this gets to the idea of whether the across-the board legislation makes a whole lot of sense. It does seem arbitrary to cap the increases when it is possible for home values to increase by a much larger margin than 3%. But it doesn’t seem like that big a deal.