Council Bluffs mayor voicing concerns over potential property tax cuts
COUNCIL BLUFFS, Iowa (WOWT) - Leaders in some Iowa towns and cities are concerned about what reduced property tax revenues will mean for their budg...
COUNCIL BLUFFS, Iowa (WOWT) - Leaders in some Iowa towns and cities are concerned about what reduced property tax revenues will mean for their budgets. Iowa lawmakers voted overwhelmingly to pass property tax cuts, which include tax breaks for military veterans and senior citizens. 'The Legislature's stated goal was to create some transparency in Iowa property tax law,' said Council Bluffs Mayor Matt Walsh. 'They've done just the opposite. They've made it more confusing.' Walsh says he has more studying to do on the tax cuts, but right now, he's working with a very lean budget -- and even fewer dollars coming in will hurt.