Iowa Gov cuts homestead tax credits in proposed budget
Gov. Chet Culver proposes slashing state funding for homestead property tax credits by more than half to 49.3 million dollars next year. The move could raise local property taxes, with Linn County and Floyd County officials noting the impact on homeowners and seniors.
MENTIONED IN THIS ARTICLE
Charlotte Eby
Des Moines
Iowa
Chet Culver
Culver
Iowa Department of Revenue
Floyd County
Warren Dunkel
Charles City
Dawn Jindrich
Linn County
Iowa Homestead Credit Faces Possible Funding Cut
The homestead property tax credit reduces residential taxes by 4850 off the home’s taxable value for primary residences. State funding pays most of it, but Gov Culver proposed halving support this year. If enacted, homeowners may face higher bills as federal stimulus and new revenue estimates loom.
MENTIONED IN THIS ARTICLE
Chet Culver
Iowa
Gamble pays off for Downtown steam system switch
Downtown Cedar Rapids property owners who left Alliant Energy's steam system after the June flood are seen as winners amid steep bills. The Six Street Generating Station outage forced heat to shift to expensive natural gas boiler leases, with many bills quadrupling or more. notable adopters include the Masonic Library Cambridge Apartments and the Principal Building.
MENTIONED IN THIS ARTICLE
Gazette Edar Rapids
Alliant Energy
Sixth Street
Allianz
Masonic Library
Cambridge
Bricks Bar & Grill
Cedar Rapids
Endowments Trap Nonprofits in 24 States Including NC
The North Carolina Symphony cannot touch its endowment valued at about 6.9 million dollars, which now underperforms its historic dollar value. State law bars withdrawal when market losses reduce principal, a rule shared by 23 other states and affecting universities and arts groups.
MENTIONED IN THIS ARTICLE
Symphony
Wall Street
North Carolina
David Chambless Worters
Alliant Energy Boss Discusses Cedar Rapids Downtown Steam
Eliot Protsch, chief operating officer of Alliant Energy, outlines possible actions or inactions the utility might take regarding downtown steam in Cedar Rapids. Gazette blogger Rick Smith reports on the topic.
MENTIONED IN THIS ARTICLE
Eliot Protsch
Alliant Energy
Cedar Rapids
Gazette
Rick Smith
Rickmsmith
Wordpress
Mullen warns Iran could reach nuclear bomb
Adm. Mike Mullen said Iran has enough fissile material to make a weapon and warned a bomb would be a very bad outcome. He noted a U.N. watchdog report on Iran’s uranium enrichment and the program’s potential to fuel warheads.
MENTIONED IN THIS ARTICLE
U.S
Iran
Tehran
U.N
Adm
Mike Mullen
Joint Chiefs of Staff
Also Mentioned on This Page
Linn
the Gazette
Robert Christen
Walford
Hall Bicycle Co
Alliant
Martha Waggoner
Associated Press
Raleigh, N.C
North Carolina Symphony
U.S. States
Source
Uniform Law Commission
Www.gazetteonline.com
Iowa City
Gazette Online
CTV
Mullen
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