News Watch

Taxpayers Association of Central Iowa News Watch


2017 – In the Public Interest Award Recipients

2017 – In the Public Interest Award Recipients The Taxpayers Association of Central Iowa presented the organization’s “In the Public Interest” Award to Jim Sanders, City of Johnston Administrator and Jonathan Lund, City of Des Moines Fire Marshal for their work … Continue reading

DART Update 2016: A Property Tax Funded Amenity

For the last two years we’ve looked at DART’s financials, and wondered aloud whether it would be sensible to think about the sustainability of the current funding model before committing to a major new project as represented by bus rapid … Continue reading

Boom times for city budgets

Property taxes were due on March 31, so for many people, property taxes may be top of mind right now. It’s always a good idea to turn the bill over and look at which local governments receive what share of … Continue reading

Many Iowa public employees are better off in retirement than working

Iowa is a great place to retire. After an eight-year phase-out period, Iowa retirees now pay no state income tax on their Social Security income. Retirees also continue to receive a large exclusion of pension income that was first made … Continue reading

DART: A property tax funded amenity

Last year we looked at DART’s financials, and wondered aloud whether it would be sensible to think about the sustainability of the current funding model before committing to a major new project as represented by bus rapid transit (BRT). (See … Continue reading

Making U.S. Pensions Honest About Returns Means Bigger Deficits

http://www.bloomberg.com/news/articles/2015-08-13/making-u-s-pensions-honest-about-returns-means-bigger-deficits

How much indebtedness does Iowa really have?

The Governmental Standards Accounting Board (GASB) is a national organization that sets generally accepted accounting principles (GAAP) for state and local governments.  Among the reasons such standards are useful is for comparability (everyone’s financials can be compared) and transparency (we … Continue reading