First page Back Continue Last page Overview Text

This notice by the City of Schertz shows a tax increase of 9.8 percent. If 1.8 percent or more of the tax increase is due to voter-approved bonds, then rollback does not apply. However, if more than 8 percent of the tax increase is for operations, then rollback does apply. So, why does the rollback rate strike such fear in the hearts of elected officials?