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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 13, 2006
Page
14
Swenson argues a one percent local sales tax is lucrative and predictable for funding schools and facilities. He notes sales tax bands affect low income households more, while affording bond relief and easier financing for districts like Cedar Rapids which funded pools after a 2001 vote.
Dubuque voters approved a local-option sales tax in 2002 that now brings in about 9 to 10 million dollars annually, helping the district despite concerns it is not painless. The tax funds are described as vital yet distributed over time and across the community.
Mercy has agreed to pay 2,000,000 dollars into a Settlement Fund to be divided among Settlement Class Members and Settlement Class Counsel. A copy of the parties Stipulation and Agreement of Settlement is available at the court or relevant docket.
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