To those who don’t teach and aren’t on a school board, the way education is financed can seem a bit like reading a foreign language.
Iowa schools follow strict funding formula
When it comes to property taxes and education, both tax rates and property valuations are important. Residential and commercial property is taxed at a percent of its value. Ag land is taxed in Iowa based on a productivity formula, rather than on valuation.
FARRAGUT, Iowa — Harold Dinsmore walks the halls of the school building he called home for nearly 60 years.
STANFORD, Ill. — Anyone who manages a household can appreciate what it must cost for a school to keep its doors open, let alone educate the st…
