Tag Archives: local option sales tax

Lets be Levelheaded about Taxes: Are Low Hotel/Motel Taxes a Missed Opportunity or Smart Strategy?

One of the top industries of Tama County is the travel industry. It employs over 13% of our workforce, serves as a landmark definer on the rural landscape, is a cradle for quality of life, a powerful economic multiplier, and easily underestimated because indirect cause and effect relationships may not be apparent at first glance. [...]

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Industry Update: Tama County local retail and service income outperforming the State?

National Bureau of Economic Research reported last month that the recession began in December 2007, and officially ended in June 2009. Tama County’s local taxable retail and service sales models this (on a shortened timeline), and shows that FY 2010 income levels have returned to $72-73 million where it was 5 years ago (1). Other economic [...]

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Financing Update: Small towns have the Power in Iowa

Iowa is unique. Streamlined, localized economic development financing is not available in every state. Here in Iowa, small rural towns are still healthy and plentiful, and local city and county government have the power to ‘partner and invest’ local public sector dollars in a timely and efficient manner into private companies that promises specific thresholds [...]

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