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Unlimited-Tax General Obligation Pledge

Unlimited-Tax General Obligation Pledge Banner Image

Is similar to the limited-tax pledge. The only difference is that the local government is asked to increase property tax rates to necessary levels — up to a maximum of 100% — to cover delinquencies from taxpayers. Residents must first agree to increase property taxes to the necessary amounts required for the bonds.

Related Broadband Grant Terms

Broadband Grant Terms