DM Officials Propose Property Tax Hike and Job Cuts to Balance Budget

Des Moines officials have a budget plan that would mean the biggest property tax hike in almost 10-years. The Des Moines Register reports the plan's part two year effort to wipe out over $7-million in debt. The tax rate would rise to .46/$1,000 of assessed value and add about $27/year to the average homeowners bill. The city will also be cutting jobs to finish the rest of the budget balancing plan.