Are property taxes affected by inflation?

The solid lines show actual property tax revenues received by the County for the General and Municipal Fund. The dashed lines are adjusting 2004 revenues for inflation. In 2013 the Municipal Fund went through the Truth in Taxation process and caught back up with inflation. The General Fund has not gone through Truth in Taxation during this same period of time.

Property Tax Revenues

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1. Why are property taxes important?
2. How do property taxes work?
3. Where do my property taxes go?
4. Are property taxes affected by inflation?
5. Why have my property taxes gone up if the County hasn't raised them?