Local governments in Iowa decry move to cut payments from state
BPC Staff Mar 12, 2018 | 3:18 pm
<1 min read time
82 wordsAll Latest News, Government Policy and Law, Statewide NewsWaterloo-Cedar Falls Courier: Iowa cities and counties soon may have less money than expected as a result of business tax relief passed by the state five years ago. State lawmakers five years ago lowered property taxes for commercial and industrial businesses. The plan called for the state to make annual payments to local governments that lost revenue as a result. Now, with the state budget undergoing midyear cuts for a second consecutive year, state lawmakers will consider reducing or eliminating the payments.
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