A rush is on in the Iowa Legislature to fix an oversight resulting from a previously passed property tax reform package that could mean potentially millions of dollars in lost revenue for some Iowa cities.
116 3rd St SE
Cedar Rapids, Iowa 52401
Articles Tagged: Property taxes
The Republican committee leader also says he will again push a proposal to fill the state fund for water quality, outdoors and recreation projects
Similar to previous hearings, speakers on Monday were divided between those who said a flatter tax rate would make Iowa a more attractive place for businesses and employees, and those who said the plan benefits the wealthy while doing little to help lower-income workers.
Cedar Rapids’ budget for fiscal 2023 includes infrastructure investment in flood protection, streets and utilities capital improvement projects. The budget allocates $1.4 million in federal funds to offset lost revenue from COVID-19 and another $1 million for tree planting
Advocates differ on whether care will get better or worse after the state -- not local property taxes -- starts funding it. There is a two-year transition.
Republicans celebrate ‘great day,’ while Democrats see missed opportunities
A significant overhaul of tax policy and mental health funding is in the works in the Iowa Legislature, as Republicans appear to have finally reached agreement on myriad funding streams and policies.
Trying to coax lawmakers to finish their 2021 legislative session, Gov. Kim Reynolds has offered a plan to accelerate tax cuts, shift mental health funding from counties to the state and eliminate a local government property tax backfill. But will it be enough for the House GOP?
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