Local taxes › Linn County › Cedar Rapids

City

Cedar Rapids

Linn County · How cities work

$3,460 a yearproperty tax on a $200,000 home here, FY27, for every local government ($41.13 per $1,000 of taxable value)1
$1,400 a yearof that goes to the city ($16.66 per $1,000)
$131.3Mproperty taxes the city levies, FY27
$416.0Mcity budget, FY27, without city-run utilities (not yet reported)2

Who runs it

The city council passes ordinances, adopts the budget and sets the city’s property tax.

  • Ashley VanornyCedar Rapids City Council District 5 · elected November 4, 2025
  • Dale ToddCedar Rapids City Council District 3 · elected November 4, 2025
  • Marty HoegerCedar Rapids City Council District 1 · elected November 4, 2025
  • Tiffany O'DonnellCedar Rapids Mayor · elected November 4, 2025
  • Tyler OlsonCedar Rapids City Council At-Large · elected November 4, 2025
  • Ann PoeCedar Rapids City Council At-Large · elected November 7, 2023
  • David MaierCedar Rapids City Council At-Large · elected November 7, 2023
  • Scott E. OlsonCedar Rapids City Council District 4 · elected November 7, 2023
  • Scott OverlandCedar Rapids City Council District 2 · elected November 7, 2023

Officials are worked out from election results: every member whose four-year term is still running, plus appointments and titles Iowa Funnel has been told about. A resignation may not show yet.

Meetings and agendas

What the council is deciding: each agenda, the resolutions and ordinances on it, and a plain-language summary.

Iowa Funnel doesn’t read this city’s agendas yet. Every council and board posts its agenda at least 24 hours before it meets.

Property taxes

How the bill is collected · What each levy is for

Who gets a property owner’s tax bill in Cedar Rapids

Homes and businesses in most of Cedar Rapids pay a combined $38.45 per $1,000 of taxable value (FY27). They pay it all to the Linn County treasurer, who passes each government its share; the city sets and gets only its own piece, $16.66. Estimate your bill.

Rates over time

Per $1,000 of taxable value: the typical combined rate people in Cedar Rapids pay, and the city government’s own piece of it.

YearCombinedCity’s own
FY20$39.41$15.44
FY21$40.25$15.66
FY22$40.36$15.88
FY23$39.52$16.03
FY24$40.54$16.25
FY25$40.19$16.47
FY26$40.94$16.66
FY27$41.13$16.66
Show the numbers
YearCombinedCity’s own
FY20$39.41$15.44
FY21$40.25$15.66
FY22$40.36$15.88
FY23$39.52$16.03
FY24$40.54$16.25
FY25$40.19$16.47
FY26$40.94$16.66
FY27$41.13$16.66

Compared with places this size3

Cedar Rapids’s city property tax rate of $16.66 per $1,000 is the 2nd highest of 9 Iowa cities with 67,000–213,000 people. The middle of the group is $15.51.

Waterloo: $21.77Des Moines: $16.61Davenport: $16.58Sioux City: $15.51Iowa City: $15.43West Des Moines: $10.80Ames: $10.27Ankeny: $9.90Cedar Rapids: $16.66$9.90 lowest$21.77 highestmiddle
See all 9
#PlaceRate per $1,000People
1Waterloo$21.7767,477
2Cedar Rapids$16.66137,904
3Des Moines$16.61213,096
4Davenport$16.58100,938
5Sioux City$15.5186,875
6Iowa City$15.4376,710
7West Des Moines$10.8073,664
8Ames$10.2769,026
9Ankeny$9.9076,727

The $8.10 limit

Cedar Rapids’s general levy is $8.15 per $1,000 of taxable value in FY27, $0.05 above the limit; it has to come down in steps.4 174 of 934 Iowa cities have a higher general levy. All cities.

FY23 $8.10 · FY24 $8.10 · FY25 $8.32 · FY26 $8.15 · FY27 $8.15 (before FY25, the general levy alone)

Outside the limit: $8.50 more5

  • Debt Service Levy$3.97 · $33.6M
  • Total Employee Benefit Levies$3.49 · $26.7M
  • Opr & Maint publicly owned Transit$0.78 · $5.9M
  • Liability, property & self insurance costs$0.26 · $2.0M

Tax increment financing (TIF)

$843.8M of taxable value in Cedar Rapids is in TIF districts’ increment (10% of the city’s taxable value), 2025 valuations, taxed in FY27.6 It budgeted $22.3M in TIF revenue for FY25.

$19.7M

What that value would raise at each government’s rate, FY277

Taxes on TIF value go to the city’s TIF fund instead of the governments that levy them, including about $10.7M of the city’s own.

  • Cedar Rapids schools$5.0M
  • Linn County$4.8M
  • College schools$2.3M
  • Linn Mar schools$579,984
YearTIF revenue
FY16$10.4M
FY17$9.7M
FY18$5.9M
FY19$9.5M
FY20$10.6M
FY21$14.5M
FY22$18.4M
FY23$19.7M
Show the numbers
YearTIF revenue
FY16$10.4M
FY17$9.7M
FY18$5.9M
FY19$9.5M
FY20$10.6M
FY21$14.5M
FY22$18.4M
FY23$19.7M

The city’s levies, FY27

What the city raises from each levy. The general levy is capped by state law; the others are set aside for one purpose.

  • Consolidate General Fund$62.2M48%
  • Debt Service Levy$33.6M26%
  • Total Employee Benefit Levies$26.7M20%
  • Opr & Maint publicly owned Transit$5.9M5%
  • Liability, property & self insurance costs$2.0M2%

Budget and spending

Reading a local budget

Where each dollar of Cedar Rapids’s budget goes, FY26

Business Type / Enterprise: 52¢ of every dollar52¢Capital Projects: 20¢ of every dollar20¢Public Safety: 9¢ of every dollar9¢Debt Service: 5¢ of every dollarCommunity and Economic Development: 4¢ of every dollarEverything else: 10¢ of every dollar10¢

Planned spending from all funds, including city-run utilities like water and sewer (“business type”), which some cities run and others don’t. Transfers between funds are left out. “Cities this size” is the average for the 8 Iowa cities closest in size (67,000–213,000 people).

Where it goesOf each dollarCities this size (8)
Business Type / Enterprise52¢36¢
Capital Projects20¢19¢
Public Safety9¢15¢
Debt Service5¢9¢
Community and Economic Development4¢5¢
Everything else10¢15¢

Planned spending, FY27

All funds: property taxes, utility and other fees, state and federal money. “Business type” is city-run utilities and enterprises like water or sewer.

  • Capital Projects$152.5M37%
  • Public Safety$87.5M21%
  • Debt Service$47.6M11%
  • Community and Economic Development$38.0M9%
  • Public Works$35.8M9%
  • General Government$33.8M8%
  • Culture and Recreation$20.8M5%

The state’s FY27 file doesn’t include business type / enterprise yet ($446.5M in FY26), so this total is low.

Budget compared with what it spent, FY23
FunctionBudgetSpent
Public Works$26.7M$27.8M
Public Safety$70.0M$87.2M
Health and Social Services$0$0
General Government$23.8M$23.2M
Debt Service$38.7M$28.6M
Culture and Recreation$22.4M$23.7M
Community and Economic Development$26.6M$30.0M
Capital Projects$142.9M$138.7M
Business Type / Enterprise$341.7M$308.2M

What it spent each year

FY24 left out8

$912.9M

Debt, reserves and audits

How local debt works · What an audit tells you

What Cedar Rapids owes

$747.9M at June 30, 2026: $5,431 per resident. 99th most per resident of 939 Iowa places of its kind (the list).9

$747.9M
June 30OwedPer resident
2026$747.9M$5,431
2025$662.6M$4,812
2024$595.9M$4,328
2023$552.3M$4,011
2022$502.7M$3,650
2021$475.3M$3,451
2020$451.6M$3,279
2019$433.7M$3,149
2018$428.4M$3,111
2017$424.2M$3,080
2016$434.3M$3,154
2015$445.9M$3,238
2014$447.7M$3,251
2013$445.5M$3,235
2012$430.6M$3,127
2011$377.4M$2,740
2010$356.1M$2,586
Show the numbers
June 30OwedPer resident
2026$747.9M$5,431
2025$662.6M$4,812
2024$595.9M$4,328
2023$552.3M$4,011
2022$502.7M$3,650
2021$475.3M$3,451
2020$451.6M$3,279
2019$433.7M$3,149
2018$428.4M$3,111
2017$424.2M$3,080
2016$434.3M$3,154
2015$445.9M$3,238
2014$447.7M$3,251
2013$445.5M$3,235
2012$430.6M$3,127
2011$377.4M$2,740
2010$356.1M$2,586

Up 110% since 2010.

The 5% limit10

General obligation debt is $450.5M, 63% of the limit of about $717.5M (5% of $14.35B, the full value of its taxable property in 2024).

58 obligations at June 30, 2026
KindForPaid off byOwed
LoansSeries 2024D - Tax Exempt WPC SRF Loan #12054$82.6M
General ObligationSeries 2025A General Obligation Bonds2055$52.7M
General ObligationSeries 2024A General Obligation Bonds2054$50.8M
General ObligationSeries 2020A Infrastructure & Refunding2050$48.6M
General ObligationSeries 2026A General Obligation Bonds2056$44.9M
General ObligationSeries 2023A General Obligation Bonds2053$44.6M
General ObligationSeries 2021A Infrastructure & Refunding2051$42.1M
General ObligationSeries 2022A General Infrastructure2052$40.3M
LoansSeries 2024E - Solids - Taxable WPC SRF Loan #12045$21.3M
LoansWater SRF 20222042$18.0M
General ObligationSeries 2020B Infrastructure & Refunding2042$16.3M
General ObligationSeries 2018A Infrastructure & Refunding2038$16.3M
General ObligationSeries 2019A General Infrastructure2039$12.9M
LoansSeries 2025D - Tax Exempt WPC SRF Loan #1 - C1530R2055$12.5M
General ObligationSeries 2017A Infrastructure & Refunding2037$12.0M
General ObligationSeries 2020E Refunding2032$11.9M
Revenue BondsSeries 2025C Water Revenue Bonds2045$9.8M
Revenue BondsSeries 2018C Infrastructure & Refunding2038$9.7M
Revenue BondsSeries 2023C Water Revenue Bonds2043$9.1M
Revenue BondsSeries 2018D Infrastructure & Refunding2038$8.9M
Revenue BondsSeries 2019C Sewer Infrastructure2039$8.8M
LoansSeries 2025E - Taxable WPC SRF Loan #2 - C1531RT2046$8.6M
Revenue BondsSeries 2024B Water Revenue Bonds2044$8.4M
General ObligationSeries 2021B Refunding2043$8.3M
Revenue BondsSeries 2016D Water Infrastructure2036$8.1M
Revenue BondsSeries 2021D Water Infrastructure & Refunding2041$7.7M
LoansWater SRF 20082029$7.5M
Revenue BondsSeries 2021C Sewer Infrastructure & Refunding2041$7.3M
General ObligationSeries 2016A Infrastructure & Refunding2036$7.0M
General ObligationSeries 2026B Taxable General Obligation Bonds2046$6.9M
Revenue BondsSeries 2022D Water Infrastructure2042$6.8M
Revenue BondsSeries 2017C Infrastructure & Refunding2037$5.9M
Revenue BondsSeries 2014C Sewer Infrastructure2034$5.8M
General ObligationSeries 2015B General Infrastucture2035$5.6M
Revenue BondsSeries 2017D Infrastructure & Refunding2037$5.5M
General ObligationSeries 2023B Taxable General Obligation Bonds2043$5.5M
Revenue BondsSeries 2020D Infrastructure & Refunding2040$5.4M
Revenue BondsSeries 2019D Infrastructure & Refunding2039$5.1M
Revenue BondsSeries 2015D Water Infrastructure2035$5.0M
General ObligationSeries 2018B General Infrastructure2038$5.0M
General ObligationSeries 2021E Refunding2033$4.4M
Revenue BondsSeries 2020C Sewer Infrastructure2040$4.0M
Revenue BondsSeries 2022C Sewer Infrastructure2042$4.0M
Revenue BondsSeries 2015C Sewer Infrastucture2035$3.7M
LoansSeries 2025 - Water SRF - Anticipation Project Note2028$3.2M
Revenue BondsSeries 2026C Water Revenue Bonds2046$3.1M
General ObligationSeries 2022B General Infrastructure2037$2.9M
Revenue BondsSeries 2016C Sewer Infrastructure2036$2.8M
General ObligationSeries 2014B General Infrastructure2034$2.6M
General ObligationSeries 2025B Taxable General Obligation Bonds2041$2.4M
General ObligationSeries 2014A General Infrastucture2033$2.3M
LoansWPC SRF 20112033$2.3M
Revenue BondsSeries 2014D Water Infrastructure2034$2.3M
General ObligationSeries 2019B Infrastructure & Refunding2031$2.2M
LoansWPC SRF 20082029$2.0M
General ObligationSeries 2015A Infrastructure & Refunding2035$1.8M
LoansWPC SRF 20152035$1.1M
LoansSeries 2024 WPC SRF PFAS Forgivable loan2042$973,161

General obligation bonds are repaid from property taxes; revenue bonds and loans from the fees or revenue they’re tied to. On the Treasurer’s site

Money in reserve

The state’s budget files don’t include cities’ fund balances11. Cedar Rapids’s latest audit has them: Financial Statement, period ending Monday, June 30, 2025 (PDF).

State money

What the State of Iowa pays the city each year, and whether it has kept up with prices. Does state money keep pace? 13

What the state pays the city every year

Road Use Tax for streets, the commercial and industrial tax “backfill”, and ambulance reimbursement, paid every year by formula: $24.2M in FY25, up 18% since FY19 while prices rose 25%, so it buys 6% less. Grants are below.

Show the numbers
SourceFY22FY23FY24FY25
Road Use Tax (streets)$18.5M$19.2M$17.9M$19.5M
Commercial and industrial tax replacement (“backfill”)$4.2M$3.6M$5.1M$4.7M

Grants and project money

State grants and money for specific projects (roads, development, natural resources) vary with what the city applies for and wins, so they aren’t counted as the state’s regular support.

$31.0M
  • State grants$18.5M60%
  • Iowa DOT projects$12.2M39%
  • Iowa Economic Development Authority$332,4731%
YearGrants and projects
FY19$14.9M
FY20$19.6M
FY21$17.8M
FY22$25.7M
FY23$22.8M
FY24$23.4M
FY25$31.0M
Show the numbers
YearGrants and projects
FY19$14.9M
FY20$19.6M
FY21$17.8M
FY22$25.7M
FY23$22.8M
FY24$23.4M
FY25$31.0M

Has it kept up with prices?

Each source from FY19 to FY25, after inflation.

  • Road Use Tax (streets)−5%$16.3M → $19.5M, up 19% since FY19 while prices rose 25%, so it buys 5% less
  • Commercial and industrial tax replacement (“backfill”)−10%$4.2M → $4.7M, up 13% since FY19 while prices rose 25%, so it buys 10% less

Collected by the state for the city

The local option sales tax is a city tax voters approved; the state collects it with the state sales tax and sends it back. It isn’t state aid. It’s up 48% since FY19 while prices rose 25%, so it buys 18% more.

$31.2M
$28.5M

Federal grants, for comparison: $63.2M in FY25.

Business awards

Every award statewide

State economic development awards

16 businesses have state awards in CEDAR RAPIDS: $17.6M in grants, loans and tax benefits, for 880 jobs. Closed projects promised 43 jobs; 43 were there at the end.14

  • Ingredion Incorporated
    High Quality Jobs Program · FY25 · Under contract: Building · 4 jobs required
    $1.1M
  • Danisco US, INC/IFF
    High Quality Jobs Program · FY24 · Under contract: Building · 40 jobs required
    $1.7M
  • Google, LLC
    High Quality Jobs Program · FY24 · Under contract: Building · 31 jobs required
    $0
  • Rockwell Collins, Inc.
    High Quality Jobs Program · FY23 · Under contract: Building · 41 jobs required
    $1.8M
  • International Paper, Co.
    High Quality Jobs Program · FY23 · Under contract: Building · 7 jobs required
    $1.2M
  • JRS Pharma, LP
    High Quality Jobs Program · FY23 · Under contract: Building · 18 jobs required
    $1.0M
  • Fluid Quip Technologies LLC
    High Quality Jobs Program · FY22 · Not going ahead: Declined or withdrawn · 32 jobs required
    $178K
  • Danisco Us Inc., a Subsidiary of International Flavors & Fragrances
    High Quality Jobs Program · FY21 · Under contract: Keeping the jobs · 8 jobs required, 8 reported
    $686K

and 15 more on economic development awards

Community college new jobs training: 179 contracts since 1995 worth $70.5M, for 8,009 pledged jobs.

Awards statewide

Elections

Running for mayor and city council

Filing opens Monday, August 23, 2027: in 284 days.

For the Tuesday, November 2, 2027 election, candidates file Monday, August 23, 2027 to Thursday, September 16, 2027 with the county auditor (or the city clerk, if the auditor names the clerk to take them)15.

In a city that can hold a primary, filing runs Monday, August 9, 2027 to Thursday, August 26, 2027.

Most recent: November 3, 2026

Ballot measures · 1

Passed Yes 74.5% (40,129) · No 25.5% (13,755)

Passes with more yes votes than no.

Local races from civicAPI and county auditors for Cedar Rapids; official results are on each county auditor’s site.

Who has filed for Tuesday, November 2, 2027

Filing hasn’t opened. These seats are expected on the ballot.

  • Cedar Rapids City Council At-Large (2 seats)
    Now held by Ann Poe, David Maier
  • Cedar Rapids City Council District 2
    Now held by Scott Overland
  • Cedar Rapids City Council District 4
    Now held by Scott E. Olson

Candidates as county auditors and civicAPI list them; a filing can take a few days to appear here16.

Past ballot measures

When a measure can be on the ballot

  • Tuesday, March 2, 2027 · no bond or debt questions
  • Tuesday, September 14, 2027 · no bond or debt questions
  • Tuesday, November 2, 2027 · any question, including bonds
  • Tuesday, March 7, 2028 · no bond or debt questions

Bonds and other borrowing can only go on the November ballot17.

Related places