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27.2.08

DART * USA - Regional buses could cost Ankeny more

The Board of Commissioners of the Des Moines Area Regional Transit Authority is considering changing how it collects local property taxes, which account for about $6 million of DART's total $27 million budget

Des Moines,IA,USA -DesMoinesRegister.com, by GUNNAR OLSON -February 26, 2008: -- Regional bus service could soon cost more for the owners of homes and businesses in Ankeny... Today DART collects property taxes based on the percentage of miles that DART buses spend on the streets of each member city. Under the proposed change, to be fully implemented by fiscal year 2011, DART would collect taxes at the same rate from property owners in all member cities with regular bus service. Fiscal 2011 starts July 1, 2010... The net effect: Property owners in Des Moines would see a transit tax decrease of about 25 percent while the taxes on Ankeny property owners would quadruple...

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