For the first time in history, the state of Iowa collected a staggering $7 billion in property taxes in 2025. What is your money going toward and is it worth the burden on taxpayers?
According to the Iowans For Tax Relief Foundation,
In fiscal year 2025, Iowa property taxpayers reached an unprecedented milestone. For the first time in state history, local governments collected over $7 billion in property taxes during the fiscal year. This landmark was driven by a 6.79% increase in property tax collections compared to the previous year, marking a significant jump in the state’s tax burden.
Join the fight to preserve our community by becoming a monthly donor today
ITR reports that most of these tax dollars go toward K-12 schools. This means that property owners who do not access K-12 services are not seeing a direct benefit from their taxes. Cities and counties also receive a large amount of revenue from property taxes.
As Republicans in the legislature put forth proposals to reform Iowa’s property tax system, many taxpayers fear that the changes are too little too late.
Leave a Reply