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Linn-Mar district bond fails. tax base limits funding
Linn-Mar voters rejected an $80 million bond as districts face a property heavy, business light tax base. Officials note residential property bears the burden with lower per pupil valuation than state and state average, while Marion MEDCO leaders push for more commercial growth to support schools and community. Bond turnout was about 21 percent, short of the 60 percent supermajority.
MENTIONED IN THIS ARTICLE
Iowa City
Linn-Mar
J.T. Anderson
Anderson
Marion Economic Development Corporation
Nick Glew
Glew
Glen
Marion Medco
Tim-Mar
Linn County Auditor’s Office
Tim Isenberg