Linn County School District reports lowest property tax rate and bond survey results

The Cedar Rapids Community School District held a Special Board of Education meeting on April 7, 2025, focusing on key financial updates and the results of a recent bond survey. The meeting highlighted the district's property tax rate trends and the impact of state funding uncertainties on budgeting.

During the meeting, officials presented data showing a decrease in the district's property tax rate over the past five years, with the current rate at $13.65 per $1,000 of assessed value, the lowest in Linn County. This decline is attributed to effective financial management and an increase in the general fund balance, which has allowed the district to reduce its cash reserve levy. Board members expressed appreciation for this financial strategy, emphasizing the importance of maintaining low tax rates while ensuring quality education.

A significant concern raised during the meeting was the delay in the State Supplemental Aid (SSA) determination, which has left districts across Iowa uncertain about their funding for staffing and negotiations. Board members noted that this uncertainty complicates budget planning and urged for advocacy towards state representatives to secure adequate funding.

Additionally, the meeting included a presentation on the results of a bond survey conducted to gauge community support for a proposed bond plan. The survey aimed to gather insights following a previous unsuccessful bond initiative. The district plans to use this feedback to refine its approach and better align with community expectations.

Overall, the meeting underscored the district's commitment to fiscal responsibility while navigating challenges posed by state funding delays and community engagement in future bond initiatives. The board plans to continue discussions on these topics in upcoming meetings, aiming to ensure transparency and collaboration with the community.