Examines Michigan's attempt to abolish the school property tax and implications for New York State policymakers. Michigan substantially reduced the local property tax for local school operations, adopted a permanent set of tax and revenue limits, and devised a problematic assessment cap. Totally eliminating the local school property tax may be…

Finds that school property taxes have been substantially reduced under the new Michigan school finance system and have been replaced with new state revenues, although it is uncertain whether these new state dollars will be available in a recession. Finds that substantial disparities remain between Michigan school districts in revenues and…