Category Archives: Bond

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

Does an Iowa School Property Tax Rate = School Property Taxes? No.

In Iowa, school property taxes do not equal the school tax rate, the latter of which is just one input in calculating school property taxes. Equating a comparably low school tax rate to low school property taxes is an interesting … Continue reading

Posted in Bond, Bond vote, Debt Levy, ICCSD, Iowa City Schools, Iowa Schools, School Taxes, Uncategorized | Leave a comment

School Property Taxes: What Do We Really Pay?

School Taxes, such as those levied by the Iowa City Community School District (ICCSD), are a big percentage of property taxes. So what percent of one’s total property taxes are paid to ICCSD?  The ICCSD board president has stated that … Continue reading

Posted in Bond, Bond vote, Coralville, Debt Levy, Hills, ICCSD, Iowa City, Iowa City Schools, North Liberty, School Taxes, Uncategorized | Leave a comment

ICCSD’s General Obligation Bond Myth

The following rumor about Iowa City Community School District’s proposed upcoming general obligation bond vote is simply false. Myth:  If voters in the Iowa City Community School District pass a general obligation bond this fall, it will restore and save … Continue reading

Posted in Bond, Bond Myth, Bond vote, Budget, General Obligation Bond, ICCSD, Iowa City Schools, Uncategorized | Leave a comment

Iowa City’s Gateway Project and its Growing Impact on Property Taxes

Iowa City’s Gateway Project cost estimate has escalated astronomically since 2009. The estimate for fiscal year 2011 was $32,940,000 and this year is $59,433,731. A quick glance at the picture below shows that Iowa City will spend far more than it will receive in federal grants to raise Dubuque Street … Continue reading

Posted in Bond, Budget, Gateway Project, Iowa City, Uncategorized | Tagged | Leave a comment