Did your most recent property tax bill increase, decrease, or stay the same? Are property taxes a financial worry for you? Do you think property tax reform should be a priority for the Iowa Legislature?
Property tax revenue has grown at a much faster rate than inflation, population, and the cost of living. Current taxpayer protections are ineffective at limiting property tax bills from increasing.
What could be done to control property taxes?
Cities are one of the larger taxing authorities and their property tax rates have a large variation across the state. How have property tax revenue, rates, and valuation for Iowa’s 100 largest cities by population changed? Click here to find out.
Iowa property taxpayers deserve both relief and transparency. New York and Utah provide instructive examples for Iowa legislators to consider. A property tax revenue limitation in Iowa’s code will help keep local government from growing “beyond what property owners and other taxpayers can afford.