257.4 - ADDITIONAL PROPERTY TAX.
257.4 ADDITIONAL PROPERTY TAX.
1. Computation of tax.
a. A school district shall cause an additional property tax
to be levied each year. The rate of the additional property tax levy
in a school district shall be determined by the department of
management and shall be calculated to raise the difference between
the combined district cost for the budget year and the sum of the
following:
(1) The product of the regular program foundation base per pupil
times the weighted enrollment in the district.
(2) The product of special education support services foundation
base per pupil times the special education support services weighted
enrollment in the district.
(3) The total teacher salary supplement district cost.
(4) The total professional development supplement district cost.
(5) The total early intervention supplement district cost.
(6) The total area education agency teacher salary supplement
district cost.
(7) The total area education agency professional development
supplement district cost.
b. For the budget year beginning July 1, 2008, and succeeding
budget years, the department of management shall annually determine
an adjusted additional property tax levy and a statewide maximum
adjusted additional property tax levy rate, not to exceed the
statewide average additional property tax levy rate, calculated by
dividing the total adjusted additional property tax levy dollars
statewide by the statewide total net taxable valuation. For purposes
of this paragraph, the adjusted additional property tax levy shall be
that portion of the additional property tax levy corresponding to the
state cost per pupil multiplied by a school district's weighted
enrollment, and then multiplied by one hundred percent less the
regular program foundation base per pupil percentage pursuant to
section 257.1. The district shall receive adjusted additional
property tax levy aid in an amount equal to the difference between
the adjusted additional property tax levy rate and the statewide
maximum adjusted additional property tax levy rate, as applied per
thousand dollars of assessed valuation on all taxable property in the
district. The statewide maximum adjusted additional property tax
levy rate shall be annually determined by the department taking into
account amounts allocated pursuant to section 257.15, subsection 4.
The statewide maximum adjusted additional property tax levy rate
shall be annually determined by the department taking into account
amounts allocated pursuant to section 257.15, subsection 4, and the
balance of the property tax equity and relief fund created in section
257.16A at the end of the calendar year.
2. Supplemental aid.
a. However, if the rate of the additional property tax levy
determined under subsection 1 with the application of section 257.15
for a budget year for a reorganized school district is higher than
the rate of additional property tax levy determined under subsection
1 with the application of section 257.15 for the year previous to the
reorganization for a school district that had a certified enrollment
of less than six hundred and that was within the school districts
affected by the reorganization as defined in section 275.1, the
department of management shall reduce the rate of the additional
property tax levy in the portion of the reorganized district where
the new rate is higher, to the rate that was levied in that portion
of the district during the year preceding the reorganization, for a
five-year period. The department of management shall include in the
state aid payments made to each reorganized school district under
section 257.16 during each of the first five years of existence of
the reorganized district as supplemental aid, moneys equal to the
reduction in property tax revenues made under this subsection. For
the budget year beginning July 1, 1991, the base year calculation
shall be made using chapter 442, Code 1991.
b. For purposes of this section, a reorganized school
district is one in which action to bring about a reorganization was
initiated by a vote of the board of directors or jointly by the
affected boards of directors prior to November 30, 1990, and the
reorganization will take effect on or after July 1, 1991, and on or
before July 1, 1993. Each district which initiated, by a vote of the
board of directors or jointly by the affected boards, action to bring
about a reorganization or dissolution by November 30, 1990, shall
certify the date and the nature of the action taken to the department
of education by September 1, 1991.
3. Application of tax. No later than June 15 of each year,
the department of management shall notify the county auditor of each
county the amount, in dollars and cents per thousand dollars of
assessed value, of the additional property tax levy in each school
district in the county. A county auditor shall spread the additional
property tax levy for each school district in the county over all
taxable property in the district. Section History: Recent Form
89 Acts, ch 135, § 4; 91 Acts, ch 178, §2; 93 Acts, ch 1, §3; 2001
Acts, ch 126, §4, 12; 2006 Acts, ch 1182, §38, 53; 2008 Acts, ch
1134, §1; 2008 Acts, ch 1181, §95
Referred to in § 257.2, 257.5, 257.15, 257.16, 257.31