An ITR member recently shared with us, "Property taxes are a burden. My income does not keep up with the increases."
This problem is not unique. Local governments are grabbing taxpayer dollars at a rate faster than most of us can earn them. People don't have a choice when it comes to property taxes. They have to send that money to local governments, and every year, their tax bill takes more of their household budget.
Over the last two months, ITR compared property tax increases to population and school enrollment growth in communities across Iowa. If you missed it, take a look with the links below:
Community colleges follow the three taxing authorities above as the next largest consumer of property taxes. Statewide, community college revenue from property taxes grew from $50.7 million in 1999 to $166.6 million in 2019.
In a Hawkeye Reporter article, ITR President Chris Ingstad said, "It flies under people's radar a lot because the total property tax bill is dominated by cities, school districts, and counties. As a result, people tend to overlook the property taxes levied by community colleges but those dollars are growing really, really quickly."
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