Iowa HSB768 modifies school district budgeting by allowing proposed property tax amounts to be increased after a public hearing.

Iowa HSB768 amends school district budgeting by allowing proposed property tax amounts to be increased following a public hearing. The bill mandates that each political subdivision, including school districts, hold a public hearing on the proposed property tax amount for the budget year. After the hearing, the governing body may decrease but not increase the proposed property tax amount. However, if the political subdivision is a school district, it may increase the proposed property tax amount due to the timing of enrollment determinations and the enactment of school aid legislation.

Iowa HSB768 modifies school district budgeting by allowing proposed property tax amounts to be increased after a public hearing.

Iowa HSB768 amends school district budgeting by allowing proposed property tax amounts to be increased following a public hearing. The bill mandates that each political subdivision, including school districts, hold a public hearing on the proposed property tax amount for the budget year. After the hearing, the governing body may decrease but not increase the proposed property tax amount. However, if the political subdivision is a school district, it may increase the proposed property tax amount due to the timing of enrollment determinations and the enactment of school aid legislation.