You think it will drive taxes up? Any attempt to increase school taxes after this would be transparently shot down IMO because the rationale for increasing the taxes is "need to build new schools to support more students" but here we are taking away students from them.
Set it up in a way that no school board can abuse; i.e. it is illegal to tax any more than X% of appraised value, or any increase in tax counts double for the incentive (so they bleed more every time they try to hike).
Here in Texas school boards are forced to hold referenda for tax hikes.
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