Funding: Iowa Legislative Property Tax Study Committee, Legislative Services Agency
Summary: This project involves research on four areas of local public finance. We will identify and review methods used by states to value agricultural, residential, commercial, and industrial properties for purposes of property taxation. We will identify efforts by states to alleviate property tax burdens through intergovernmental aid and user fees.
We will identify major categories of local government expenditure and the composition of local government revenue sources. And we will identify state statutes that use property taxes to provide incentives for smart growth and in fill development.