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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 11, 2018
Page
1
Vanessa Miller reports that amid shrinking state appropriations Iowa public universities increased undergraduate aid during 2016-17, boosting total aid to 1.09 billion dollars. Most funds came from federal sources, mainly loans, while UI, ISU, and UNI expanded grants scholarships and work programs per a state Board of Regents update.
Iowa Supreme Court Chief Justice Mark Cady questioned the DOT attorney on oral arguments over who holds final say on speed and red light cameras. He warned against granting unlimited authority to regulate automated traffic enforcement, citing Brakke v. Iowa Department.
Transamerica and parent firm AEGON aim to consolidate 2,600 Cedar Rapids employees in two connected buildings on C Street SW. The project would renovate 480,000 square feet and add 51,000 square feet, creating a shared home base. City Council preliminarily approved a 10-year tax exemption on the increased property value.
Cedar Rapids receives a 31 cent cut in the property tax rate for the school district as the fiscal 2019 budget sets the levy at 15.06 per thousand. The move saves about 47 dollars annually for a 150000 dollar home, with officials noting no major cuts planned.
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