Mills Act

[Jeff Haferman]

Does anyone here have much experience with the Mills Act?
(essentially a property tax break for owners of historic
residential homes in California)

Our city is considering adopting the Mills Act, but one
of the issues to deal with is that by granting a tax break
to property owners, you are taking money out of other pots
(education, etc).

How can this type of argument be refuted? I don't have the
numbers in front of me, but I'm guessing that the money
taken "out of the other pots" will be a drop in their bucket,
but it will be quite a preservation incentive for the homeowner.