Reno redevelopment agency approves GSR arena project TIF contractReno's redevelopment agency voted 5-2 to approve the GSR arena project's tax-increment financing contract.The Reno redevelopment agency, which is made up of the city council members, voted in 5-2 to approve the tax-incremental financing contract with the Grand Sierra Resort’s phase one arena project.The deal would require GSR to be reimbursed 90% of its property tax, while the redevelopment agency would keep 10% of the property taxes. It sunsets in 2035.GSR owner Alex Meruelo said he would give the lease to the...
Watch: Iowa homeowners talk property taxes with Des Moines RegisterHomeowners discuss Iowa's property taxes as Iowa legislative leaders make property tax reform their No. 1 goal this legislative session.Iowa Senate Republicans are proposing a 25% discount on home values up to $125,000 for property tax relief, changing a proposed $50,000 homestead exemption to address smaller communities' concerns.The bill also phases in the elimination of the state's rollback rate over 10 years and maintains a 2% cap on property tax growth with exceptions.The fate of property tax legislation is unclear as...