Equitable Funding for Schools, $207 Million for Property Tax Relief
The Iowa House approved a bi-partisan plan to redistribute the one cent sales tax currently collected for schools on an equitable basis and provide $207 million in property tax relief over the next six years.
“Every student deserves a quality education in Iowa and the bill approved today will make school funding more equitable for students, especially in rural Iowa and property tax poor school districts. Over the next six years, the bill provides nearly $207 million in property tax relief for Iowa families, businesses, and farmers,” said State Representative Mike Reasoner of Creston. (more…)