GOP Tax Law Could Starve Cities of Revenue
Recent changes in federal tax law will impact cities. Housing experts predicts the tax overhaul will spur home values and property tax revenues to drop. Cities may be forced to find new ways to raise money or cut spending.
Cities Hold Rates Constant, But Collect More Revenue | 5.12.17
Local governments have completed their budgets for the coming year that begins July 1, 2017 (also known as fiscal year 2018). Everyone wants to know what’s happened with property tax rates in the new budgets. Have they gone up or
There’s More to the Story Than Tax Rates
This is the time of year when local governments finalize their budgets for the coming year (starting July 1). One of the first things people look at is what’s happening with the property tax rate. Often a city will proudly
Your property tax bill is talking
Property tax payments must be paid by September 30 and March 30 of each year. If you’re like most people, you will not write a check for the payment on September 30th. Instead, it’s folded into your monthly mortgage payment
Many Cities Increase Tax Rates
Cities have completed their budgets and it’s always interesting to look at updated property tax rate comparisons and changes from the prior year. Property tax rates and property taxes do not tell the whole story about relative efficiency among communities.
West Des Moines Microsoft Project Financing Works for Property Taxpayers
Recently the City of West Des Moines announced a $1.13 billion investment by Microsoft Corporation in a new data center. The Taxpayers Association of Central Iowa has endorsed the project’s financing as a good deal for property taxpayers, and here’s
Compromise is Possible on Property Tax Reform
Over the past ten years, property taxes in Iowa have grown at more than double the rate of growth in our state’s personal income, double the rate of growth in inflation, double the rate of growth in state taxes, and