Property Tax Levy Linear Growth Evidence

The Property Tax Levy: Exponential and Linear Growth

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Simulated Exponential and Linear Growth for Tax Levy

The graph on the left shows two curves that pass through both the 1992 and 2025 tax levy values.
For the exponential growth curve:
- The percentage increase for successive years is constant.
- The dollar amount change for successive years is continually increasing.
For the linear growth curve:
- The percentage increase for successive years is continually decreasing.
- The dollar amount change for successive years is constant.

The Percentage Increase in the Tax Levy for Successive Years

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Year to Year Percentage Increases are Getting Smaller

Over time, the percentage increase gets smaller in successive years.
This is consistent with linear growth.
This is not consistent with exponential growth.

The Dollar Increase in the Tax Levy for Successive Years

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Year to Year Dollar Increments are Constant

Over time, the year-to-year dollar increment has no trend up or down.
This is consistent with linear growth.
This is not consistent with exponential growth.