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Iowa Legislature SF634

1/21/2020

The Iowa Legislature passed SF634, a bill that relates to local government budgets and property taxes.

The bill leaves all levies and current limits from Iowa Code Chapter 384 in place, such as the general fund (known as $8.10), Emergency fund and Trust and Agency levies.  It also leaves all rollbacks, property classes and structures in place. 

The new law requiresa ALL cities to pass a new resolution establishing their maximum tax dollars to certify for levy, post notification, and hold a public hearing and vote, regardless of whether they need to exceed a newly specitied 2% threshold for certain levies specited in the bill.  

The levy resolution notice is listed on the Government page of this website.