House OKs its take on property tax reform
The Iowa House approved SF 522 in a 58 to 40 vote endorsing a plan to roll back commercial and industrial property taxes to 60 percent of valuation over five years. The package raises school funding and caps local government property tax revenues while linking increases to an index, but Senate Democrats may disagree with the approach.
MENTIONED IN THIS ARTICLE
House Oks
James Q. Lynch
Des Moines
Iowa
House
Tom Sands
Columbus Junction
Senate
GOP
Terry Branstad
School Foundation
House plan taxes 60 percent of new property value
The plan taxes new commercial and industrial property at 60 percent of assessed value. Existing commercial and industrial property will receive a residential-like rollback, moving from 100 percent to 60 percent over five years. Backfill and development incentives push costs to local governments to $564 million over five years and $250 million annually from the state.
Century-Old Taft Speedway Home Faces Flood Levee Debate
Carol Seydel, 82, recalls childhood summers at 125 Taft Speedway St as Iowa River threat grows. Eight more homes on the street may be caught between floodwater and a 10-foot levee while officials pursue evolving protection plans.
MENTIONED IN THIS ARTICLE
Owa
Carol Seydel
Taft Speedway Street
Iowa
Seydel
Taft Speedway St
Lyle
Iowa City
Taft Speedway
Iowa River
Time running out for Eastern Iowa morel hunters
Eastern Iowans face a scarce morel season as Marshall Godwin notes a cold spring ruined the harvest and motel supply. He says he has found only a half dozen mushrooms so far, with the motel season nearing its end and a continued dependence on Mother Nature.
MENTIONED IN THIS ARTICLE
E. Iowa Morel Hunters
Godwin
Dean Abel
Secretary of the Prairie States
FEMA payback burdens disaster victims
Cedar Rapids resident Justin Van Fleet recounts his post flood struggle after the Cedar River overflowed his home in 2008 and FEMA approved more than $20,000. Months later a letter demanded repayment within 30 days, a fate shared by thousands of other disaster victims urged to return funds.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cedar River
Justin van Fleet
Federal Emergency Management Agency
FEMA
van Fleet
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