On Apr 23, 2008, at 8:08 AM, Lance Lennon wrote:
Property tax is deductible on your federal taxes, sales tax is not.
That
portion of money is now going to the Federal Government instead of
being
used by people here in the state.
The purpose of SILO was not to reduce property, perhaps to stop
increasing, but not reduce it. I have not read all 99 counties actual
wording on their SILO, but wright county said that it may have the
effect
of maintaining property tax levels as the need for funding for schools
would be supplemented.
Just my 2 cents
I am happy it passed.
---
Lance L. Lennon
District Technology Director
Eagle grove Community School District
515-448-5143
Hamilton Counties, I believe, does pay down in some form the local
property taxes with current SILO money. After reading through HF 2663
it appears that this money will still only be able to be spent in the
same fashion as our current SILO funding statement shows. For example,
still no software.
Karl H. Hehr
Technology/Curriculum Director
South Hamilton CSD
www.s-hamilton.k12.ia.us
515.827.5418 (W)
515.209.9767 (C)
515.827.5368 (F)
---
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