The Effort to Repeal Property Taxes and the Real Cost to Schools and Local Governments

$24 billion.That's the new amount for how much local governments collect in local property taxes.Compare that to the $30 billion yearly in annual General Revenue Fund taxes the state collects from sales, income and other taxes.The ongoing campaign to repeal property taxes comes without answers and alternatives to what happens if voters repeal property taxes.Senate Finance Chairman Jerry Cirino has been talking with local officials and delivers some straight talk this week about the controversy over property taxes on The President's Podcast.