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Greater Iowa City highlights voter-approved 1% local option sales tax and community programs
Summary
At its annual meeting Greater Iowa City Inc. emphasized a recently passed 1% local option sales tax expected to raise about $22 million a year, and reviewed small-business, childcare and strategic investment district initiatives tied to that revenue.
Greater Iowa City Inc. used its annual meeting to highlight recent community wins and how the organization plans to deploy new local resources. Nancy Bird, president and CEO, said the coalition led outreach and advocacy that placed a 1% local option sales tax before voters in Iowa City, Coralville and North Liberty and that "on November 4, voters in each municipality overwhelmingly voted yes" to implement the tax. Bird said the levy is expected to bring in roughly $22,000,000 annually and about $110,000,000 over five years, to be used for property tax relief, affordable housing, community amenities…
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