The Iowa House today approved a bill to force Iowa school districts to tap their cash reserves, instead of raising property taxes. Schools face that choice in order to cover the 10-percent across the board cut in their state funding. Critics say the cut will mean tens of millions of dollars in property tax hikes , as schools turn to levies to cover the cut.
The bill before the house would put the brakes on some of that. But, critics like Christopher Rants, a Republican from Sioux City, say it doesn’t do nearly enough. “Governor Culver needs a fig leaf,” Rants says. Rant, who is also running for governor, say the governor’s cut will push property taxes up as much as $250-million, while forcing schools to tap their cash reserves might save only about 8 million.








