Category Archives: School Taxes

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

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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

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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