Jack Whitver: 10 to 15 percent increases in property taxes is not sustainable at a time where state revenues are flat and person income has not increased.
The Iowa House this week passed a historical property tax reform bill with decreases in both commercial and residential property tax rates. Their plan entails: Every Iowan receives tax relief and there is no shifting of burdens to any one class of property Job creators receive a $602 million property tax cut Homeowners receive a […]
Over the last ten years, property taxes collected on a statewide basis for schools, counties and cities have increased over 60%, or over $1.7 billion dollars. Those numbers are truly staggering and the Legislature can’t afford to do nothing. Residential property taxes will naturally increase in the coming years. Over the next 10 years, property […]
Speaker of the Iowa House, Kraig Paulsen (R-Hiawatha) discusses efforts to address property tax reform which will help bolster Iowa’s economy and promote job creation.
Iowa State Senator Brad Zaun (R-Urbandale) explains the debate surrounding Tax Incremental Financing (TIF) at the municipal level.
By State Representative Linda Miller (R-Bettendorf) House Study Bill 500, an act relating to state and local government finances by increasing the regular program foundation base percentage, establishing a property tax exemption for commercial and industrial property and establishing property tax levy limits for cities and counties went through two thorough subcommittees over the last […]