In 1998, when Jack Franks had dark hair, he wrote a long op-ed piece for the Northwest Herald for October 26th, right before the fall election when he beat appointed incumbent Mike Brown.
The paper spread it across its entire page 5 in the Community Section.
Beneath it was was a similar sized column by Brown.
In it, Franks wrote about property tax relief.
“Many people told me of their concerns about their ever-increasing property taxes and their frustration with leaders who promise to cut property taxes at election time, but do nothing to fix the problem once they are elected.”
He said property tax problems discussed were “not insurmountable.”
Then he laid out his proposal, which he described as “an education funding-property tax reduction plan” called “25-25.”
“The plan calls for immediately taking 25% of our $1 billion surplus and using it for direct rebates to property-tax payers and using 25% of the surplus for a direct cash infusion into out schools.”
In the future, Franks said similar twenty-five percentages (50% in total) of revenue growth would go the same places.
I leave it to readers to determine how successful this Jack Franks’ 1998 property tax cut plan turned out.