Property taxes

LETTER TO THE EDITOR

Will the GOP and Governor Reynolds continue to backfill the BPTC (business property tax credit which lowered property taxes for businesses and multi-residential (apartment complexes) from 100% to 60% all the while raising your individual property taxes from a rollback of 45% a few years ago to 55% and soon to be 60%?

How will cities and counties replace the lost revenue if there is no back fill? Yup. Raise their tax asking and raise your property taxes.  

Governor Reynolds said during the campaign. “Fred Hubbell will raise your taxes.”  The GOP controlled Legislature talked about reducing or eliminating the backfill last year which would force cities and counties to raise your property taxes.  What will the Legislature and Governor Reynolds do in 2019? 

JOHN BROSTAD

Storm Lake