Town Hall #19

Federal & State Updates –

Impact on cities, counties & your taxes

Wednesday, May 12, at 4:30 PM

Things have been churning at the US Treasury and in Iowa’s legislature. Here is an update on the most recent developments, their possible impact on the operations and funding of Central Iowa cities and counties, and your taxes.

Iowa Legislature: The 2021 session of the Iowa legislature is now in its second week of “overtime” as the Governor, House and Senate have not come to an agreement on a major tax reduction package.  Details provided in the MAC update below

US Department of the Treasury: On May 10 the Treasury released 134 page of guidance regarding the $350 billion for state, local, territorial, and Tribal governments to respond to the COVID-19 emergency and bring back jobs.

Panelists:

  • Alan Kemp, Executive Director, Iowa League of Municipalities
  • Tom Cope, Cope Murphy + C0., LLP & Johnston City Council

US Treasury issued guidance