School district faces $900,000 budget hole after taxing error on Facebook’s data center
BPC Staff Sep 11, 2019 | 3:54 pm
<1 min read time89 wordsAll Latest News, HR & Education, Iowa News, Law & Government
Des Moines Register: The Bondurant-Farrar school district is facing an $894,285 loss — about 3.5% of its budget — after the county assessor failed to exempt Facebook’s latest data center building from property taxes. The $52.4 million building is exempt from taxation for 20 years as part of an economic development package. Polk County Assessor Randy Ripperger says the oversight is not his fault; he was never notified about the development agreement. However, the city and state both say it’s not their responsibility to notify the assessor of exemptions.
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