Sarah Louise Palin ( ( listen); nee Heath; born February 11, 1964) is an American politician, commentator, and author who served as the ninth Governor of Alaska from 2006 until her resignation in 2009. As the Republican Party nominee for Vice President of the United States in the 2008 election alongside presidential nominee, Arizona Senator John McCain, she was the first Alaskan on the national ticket of a major political party and the first Republican woman selected as a vice presidential candidate. Her book Going Rogue has sold more than two million copies. She was elected to the Wasilla city council in 1992 and became mayor of Wasilla in 1996.

Palin had a contretemps with the Mat-Su Valley Frontiersman, a local newspaper, and reportedly became involved in personnel challenges and "a thwarted attempt to pack the City Council" during her first year in office. Using income generated by a 2% sales tax that had been approved by Wasilla voters in October 1992, Palin cut property taxes by 75% and eliminated personal property and business inventory taxes. Using municipal bonds, she made improvements to the roads and sewers and increased funding to the police department. She oversaw creation of new bike paths and procured funding for storm-water treatment to protect freshwater resources. At the same time, she shrank the local museum's budget and deterred talk of a new library and city hall.  Soon after taking office in October 1996, Palin eliminated the position of museum director and asked for updated resumes and resignation letters from "city department heads who had been loyal to Stein", including the police chief, public works director, finance director, and librarian. Palin stated this request was to find out their intentions and whether they supported her. She temporarily required department heads to get her approval before talking to reporters, saying they first needed to become acquainted with her administration's policies. She created the position of city administrator and reduced her own $68,000 salary by 10%, although by mid 1998 this was reversed by the city council.  In October 1996, Palin asked library director Mary Ellen Emmons if she would object to the removal of a book from the library if people were picketing to have the book removed. Emmons responded that she would, and others as well. Palin stated that she had not been proposing censorship but had been discussing many issues with her staff that were "both rhetorical and realistic in nature." No attempt was made to remove books from the library during Palin's tenure as mayor.  Palin said she fired Police Chief Irl Stambaugh because he did not fully support her efforts to govern the city. Stambaugh filed a lawsuit alleging wrongful termination and violation of his free speech rights. The judge dismissed Stambaugh's lawsuit, holding that the police chief served at the discretion of the mayor and could be terminated for nearly any reason, even a political one, and ordered Stambaugh to pay Palin's legal fees.Answer this question using a quote from the following article:

What was relevant about her first term?
Palin cut property taxes by 75% and eliminated personal property and business inventory taxes.