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Tax breaks for houses proposed in Fort Dodge

Incentives could be in place by end of April

January 15, 2013

People who build new houses or do major upgrades on existing ones would receive a break on their property taxes under a plan introduced to the Fort Dodge City Council Monday....

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skywalker

Jan-15-13 12:17 PM

Compared to the 15 largest cities in Iowa, FD is now 2nd but in a close tie with Des Moines for the number one spot for the highest property taxes in Iowa. FD will likely take over 1st place soon. Des Moines has more perks and a higher average family income per household, which puts a big question mark as how the finances are being handled here.

Like a third world country, the city pays no property tax on their numerous old rentals... helping them to compete unfairly with the private sector. The city charges all property tax payers extra to make up for this slack.

Property owners will be making up the difference on this new scheme. Nothing is free in Fort Dodge. New houses are built as a result of demand. If you must prime the pump, then something else is wrong. Higher property taxes and poor financial decisions is what will keep this town from growing.

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Colonelbanters

Jan-16-13 1:45 AM

I don't know why the city would give so much to speculation. Adults move to a town and usually rent for a bit while deciding any permanent housing plans. The market will totally take care of this one on it's own. You don't have to look around too long in FD to realize that there are already hundreds-if not, thousands-of older homes that would be nice if they were brought up to date. Get rid of the cheesy vinyl siding, install solar panels, make the houses more efficient, etc. This honestly just seems to be getting more complicated as certain locals think they have great ideas to make big money on the promise of new employment in the area.

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Anderson

Jan-16-13 10:13 AM

Absolutely right, ColB! Now, how about expanding that thought onto the the federal level; for example, the follies of the home building promotion by Govt Sanctioned Enterprises Fannie and Freddie and, hopefully, their earliest possible demise instead of doling out more billions of dollars to them in addition to the $100 billion they have already received. If only SOMEONE would focus upon cleaning up the federal govt and not just Wall Street, seems he would have more than enough to transform fundamentally!

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