Author Archives: Mary

What will ICCSD’s School Bond Cost Me? More than you might think.

$1.95033 per thousand of assessed property valuation is the projected debt service levy (tax) for the $191.525 million school bond if it passes, for the year 2018-2019 as shown as  in Iowa City Community School District’s (ICCSD’s)  “2017-2018 Certified Budget” … Continue reading

Posted in Board, Board Discretionary Levy Reduction, Bond, Bond Ballot, Bond vote, Budget, Cup of Coffee, Debt Levy, Facilities Master Plan, General Obligation Bond, Iowa City Schools, Marketing a School Bond, School Taxes, Uncategorized | Leave a comment

Iowa’s Residential Rollback

Most property owners, including owners of residential and commercial property, in Iowa pay property taxes based on a reduction of their property valuation. This assessment limitation is known as a “rollback,” and you can see the history of Iowa’s rollbacks … Continue reading

Posted in Bond, ICCSD, Iowa Schools, School Taxes, Uncategorized | Leave a comment

Why the school property tax rate by itself is a poor measure of school taxes overall

The assessed value of a property makes a difference when it comes to calculating and paying property taxes. In the Iowa City area, the assessed value of properties overall generally grows. If you were to sell your home, this increase … Continue reading

Posted in Bond, Iowa City Schools, School Taxes, Tax Rate | Leave a comment

2017 ICCSD General Obligation Bond Frequently Asked Questions aka FAQs

Question :  What do Iowa City Community School District (ICCSD) voters vote on during the September 12th election? A. Bond Ballot Referendum Language; B. Facilities Master Plan (FMP) of the Iowa City Community School District (ICCSD); or C. Specific projects … Continue reading

Posted in Board, Bond, Bond Ballot, Bond vote, Facilities, Facilities Master Plan, General Obligation Bond, ICCSD, Iowa City Schools, Iowa Schools, PPEL, Referendum, Steve Murley, Superintendent, Uncategorized | Leave a comment

School Bonds & the Cost of a Cup of Coffee

In what must be a truly amazing coincidence (or merely a good marketing scheme), a number of school bonds are marketed as only the cost of a cup of coffee. One might almost think there is a school bond playbook … Continue reading

Posted in Bond, Bond Ballot, Bond vote, Cup of Coffee, ICCSD, Iowa City Schools, Marketing a School Bond, Uncategorized | Leave a comment

Prospecting for School Districts with Debt Capacity

As Iowa City Community School District’s (ICCSD’s) stakeholders watch to determine whether its bond ballot referendum for $191.525 million (plus interest) will pass or fail on September 12th, there is an interesting discussion in some of the comments sections of … Continue reading

Posted in Bond, Bond vote, Budget, Conflict of Interest, Debt Levy, Facilities Master Plan, FMP, General Obligation Bond, ICCSD, Iowa City Schools, Uncategorized | 2 Comments

Promises About How Little a $191.525 Million Dollar School Bond Referendum (With Interest)Will Cost–Don’t Count On Them

Below is what the Iowa City Press Citizen reported about Iowa City Community School District’s (ICCSD’s) proposed $39 million dollar bond referendum in February of 2003. That bond referendum subsequently passed under a former superintendent. The district’s current tax levy … Continue reading

Posted in Bond, Bond vote, Budget, Debt Levy, General Obligation Bond, ICCSD, School Taxes, Uncategorized | 1 Comment