Unfortunately, many people believe that a 1% cap means that their own property taxes will only go up 1%. However, as I understand it, it's the average of all property taxes that's held to 1% growth, so some folks' taxes go up more than that, some less. Also, if like elsewhere, new properties, e.g. annexations and new construction, don't count into those numbers, providing government a strong incentive to seek those out.

Still, having this cap is better than not. That's because public entities always want the easiest way out. Having unfettered access to taxes, which was the case before with property taxes, is a boon for unaccountability and for not forcing them to set priorities. Their next favorite taxes are those that most people don't pay, like cigarette taxes. Their next choice are subtle taxes, like the sales tax, which deftly slide into our purchases and which we don't realize how much we are paying over a year's time. They hate taxes people easily see, like license tabs.