With sales tax win, Urbandale won’t impose voter-approved levy for new fire station
BPC Staff Mar 14, 2018 | 3:35 pm
1 min read time
218 wordsAll Latest News, Government Policy and LawUrbandale voters did themselves a favor last year when they voted to increase the sales and service tax by 1 cent while also approving a property tax increase of 16 cents per $1,000 of valuation to help pay for a new fire station. As it turns out, revenues generated by the sales tax will cancel out the need to impose the property tax increase in the fiscal year that begins July 1, according to a release. As a result, the City Council approved a $117 million budget that will be funded in large part by a property tax levy of $10.02, the same rate as the current year and the lowest rate among Iowa cities with a population of at least 15,000 people, according to the release. The city noted that the fire station levy will not be applied in the coming fiscal year and that the bonds for the new fire station should be retired in seven years rather than 15. The new budget includes $32.5 million in capital improvement projects, the largest one-year investment the city has ever made in infrastructure while simultaneously keeping the tax levy steady, according to the release. The sales tax increase received overwhelming approval in November in Dallas County. The same issue was rejected by Polk County voters earlier this month.