Iowa HF2764 modifies school district budgeting by allowing increases in proposed property tax amounts under certain conditions.
Iowa HF2764 amends school district budgeting rules to allow increases in proposed property tax amounts if state growth percentages are not established by March 5. This change accommodates the timing of enrollment determinations and school aid legislation. The bill also permits school districts to raise proposed property tax amounts if the political subdivision has not yet set the state percent of growth and categorical state percent of growth for the applicable school budget year.
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