State law severely limits how much additional revenue the City can collect in property taxes each year without voter approval. The annual increase is limited to 1% more than the City received in the prior year, plus tax on the value of new construction. For 2022, the City will receive $71,209 more in property tax than it received in 2021. In contrast, the City’s police services contract increased by $193,660, due to ordinary inflationary expenses. This discrepancy is not sustainable.