SIOUX CITY (KTIV) – Iowa Gov. Kim Reynolds was in Sioux City Friday to sign a bill into law to help schools with new infrastructure and reduce taxes for property-poor districts.
The Secure an Advanced Vision for Education (SAVE) Extension includes money for schools for new construction, renovations, and security system improvements.
Reynolds says the law also helps provide students fast track career training or post-secondary education.
She says it will also provide property tax relief.
Reynolds signed the bill at the Sioux City Career Academy, saying it was an opportunity to continue to provide education for students.
“Today, we have an opportunity to reaffirm our commitment to providing our children the very best education possible and it is absolutely the foundation that makes this state a great place to live, work, and to raise a family,” said Reynolds.
The law extends the penny sales tax for school infrastructure.
Reynolds says the SAVE extension is projected to generate $26.2 billion from 2019 – 2051.