House File 2030 highlights need to protect property tax payers
Lawmakers sent legislation to the governor recently requiring school districts to use their cash reserves before levying to raise taxes on property owners. While House File 2030 may delay property tax increases in some districts, it will not address the shortfall in state aid caused by Iowa's across-the-board budget cuts, which will result in higher property taxes according to the Iowa Farm Bureau Federation.
"Until Iowa enacts real budget reform, our government will continue to balance the state budget on the backs of property tax payers," says Craig Lang. "Reform is necessary for a long-term stable and predictable budget."
To improve the state's budgeting process, Farm Bureau members are asking decision makers to establish an affordable state budget that will: 1) fund Iowa priorities and lessen the potential shifts in property taxes; 2) ensure that the state's emergency funds are at a level sufficient to protect priorities when revenues are declining; 3) create fiscal responsibility by not using one-time resources to fund ongoing expenditures; and 4) protect property tax payers when across-the-board cuts are enacted.
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