The shell game that is the Governor’s budget continues and you can bet your bottom dollar that Iowans will see property tax increases in the very very near future. Thank you, Governor Culver. This is reading between the lines as well as seeing the writing on the wall. The Governor’s budget clearly outlines cutting $49.9 million in reimbursements from the Homestead Property Tax credit. The Department of Revenue wants $139.1 for FY 2010. How in the world will an $89.2 million difference be made up? Well property tax increases, of course.
The governor’s budget has a 6.5% cut in it, but remember, government has grown overall the last few years so the cut isn’t as deep as you may think. Stay tuned for more….
The governor’s budget has a 6.5% cut in it, but remember, government has grown overall the last few years so the cut isn’t as deep as you may think. Stay tuned for more….
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