The renewal of the Physical Plant and Equipment Levy (“PPEL”) is on the ballot in November. This levy, the funds from which can only be used for repairs and maintenance of school buildings along with a range of equipment needs,
As fall approaches and local governments in central Iowa begin to put budgets together for the coming year, they will have to decide what to do with the extraordinarily high property tax assessment increases that homeowners and businesses received in
Property tax assessments hit the mailboxes and the news this month and given such extraordinary (10 – 20 percent) increases, many people are fearful about what this will mean for their property tax bill. And rightfully so. Property taxes often
HF 773 Talking Points Property Tax Transparency Trigger What the bill does: Starting in budget year 2021, if a city or county wishes to increase property tax revenue by more than two percent above the prior year, some extra
Without some curbs, property taxes can become unaffordable.