Tag: 051717

Tax Credit Claims for Seniors, Mobile Home Owners, Due June 1

The Iowa Property Tax Credit Claims for Disabled and Senior Citizens and the Mobile Home Owner Application for Reduced Rate are to be filed with the county treasurer by June 1, according to Rita M. Schmidt, Black Hawk County Treasurer. The credit will be applied to taxes due and payable in September 2017-March 2018.
Iowa residents are eligible for property tax credit if their total household income, including Social Security, was less than $22,584.00 for 2016 and if they were 65 years of age or older by December 31, 2016 or totally disabled and 18 years of age or older by December 31, 2016. If filing due to a disability, a current proof of disability will be required and must be attached to the form when returning to the Treasurer’s office.
If your mobile home is subject to the annual tax based on square footage, you may be eligible to claim a reduced tax rate. Iowa residents are eligible to claim a reduced tax rate if their 2016 household income was less than $22,584.00 and if they were 23 years of age or older as of December 31, 2016.
Questions may be directed to the county treasurer’s office at 833-3013.

Avenue of the Flags Prepares for Memorial Day

With a Memorial Day service to be conducted at West View Cemetery, members of American Legion U.S.S. San Diego Post #207 are seeking assistance with the raising of the Avenue of the Flags. Volunteering for this important task is one way to make Memorial Day a more meaningful holiday and honor those who have served their country.
The raising of the flags will commence at 6 PM at West View Cemetery on Friday, May 26. Volunteers need not be a Legion or VFW member. Silver cord service hours are also available for Union Community School District students.
Help will also be needed to lower the flags at 6 PM on Tuesday, May 30.

Practical Money Matters – May 17, 2017

 
By Nathaniel Sillin
Prepare Your Kids for the Real World by Turning Monthly Bills into Lessons
When you’re a kid, a few dollars can seem like all the money in the world. It can take weeks, sometimes months, to save up your allowance. When you finally decide to spend it, you might realize that $10 or $20 isn’t as much as it seems.
As a parent, you can help your children build important money management skills by providing experiences for them at a young age. Leading by example is a good way to start, and it can help instill good values and money habits. However, you’ll also want your children to get their hands dirty.
Open up your books. The value of money is a lesson you learn over time. For young children, games, such as Peter Pig’s Money Counter, or activities that help them identify coins and bills could be a good place to start. Older children may be ready to see how much things really cost. Going over bank or credit card statements, you could explain why you made each purchase and look for savings opportunities.
You can also turn a monthly bill into a teaching moment. Children might not realize how leaving the lights, heat or AC on can affect your monthly bills. You can sit down together and compare each month’s bill to the bill from the previous year. The practice of reviewing and comparing bills can help children understand that their actions have financial consequences.
They’ll also start to learn how much it costs to keep your home comfortable. That’s a valuable lesson, one I didn’t truly learn until I had my first apartment. You could take a similar approach to the groceries or other monthly expenses.
Help your children earn an income. Knowing the numbers is only part of the picture. It’ll be difficult for children to practice managing money if they don’t have any money to manage. But how, when and why children should receive an allowance is a debate for many parents.
Whether you pay a chore-based allowance or offer payment based on extra work, you could use a personal finance app that lets children see how much they’ll earn for each task. There are a variety of apps designed for different age groups, and some let kids create virtual accounts where they can track their earnings, spending and progress towards financial goals.
You can also help children find ways to earn money from outside the family. Organizing a yard sale could be a chance for them to help you clean out the home, practice bargaining and learn valuable lessons in entrepreneurship. Even a lemonade stand or bake sale requires that they buy supplies, work to earn money and put aside some of their earnings to pay for more supplies later.
Make your kids responsible for their bills. With a steady income comes increased responsibility. Make teenagers the boss of a bill, with real consequences for late payments.
The mobile phone or internet bill could be a good place to start. Figure out an appropriate portion for them to take on and require them to pay you each month. If they’re late, they lose internet access or their phone until they can pay their balance. When they don’t have enough saved to pay the bill, offer work opportunities for them to make money.
Once they take responsibility for their first monthly bill, you can also share how you manage the household’s finances. Show them what it’s like to keep multiple bills organized each month, make payments by writing checks or setting up auto-pay. Then explain how late payments can lead to fees, affect your credit and (just like with their phone) get services shut off.
Bottom line: Understanding how much it costs to manage a home and the importance of paying your bills on time can help you avoid costly mistakes. Some people learn these lessons once they’re at college or living on their own, but you can help give your kids a leg up by taking a proactive approach to their financial education.

Freckles’ Adopt a Pet – May 17, 2017

 
Freckles and The Progress Review encourage potential pet owners who are loving and responsible to consider adopting a pet from the Cedar Bend Humane Society.
Sienna is about 2 years old and has a good deal of puppy energy! She loves to be outside and on walks and would enjoy the playful company of other canines. She would also play with a cat if given the opportunity, this being said, some cats may find her energy a bit overwhelming. She should meet all young children in the home prior to adoption to assure that her energy won’t be too overwhelming. She is a wonderful girl!  Adoption fee: $190.
For more information about adopting a pet, contact: Cedar Bend Humane Society, 1166 W. Airline Highway, Waterloo, Iowa 319-232-6887
cbhsadoption@mchsi.com  –  www.cedarbendhumanesociety.com

Raymond Johnson – 99

Please help Raymond Johnson celebrate his 99th birthday on May 21st with a card shower.
Raymond was born May 21, 1918, son of Matthew and Mae (Schafer) Johnson. He married Helen Jans on January 23, 1943 in Denver, Colorado. Helen passed away February 6, 2008. Raymond’s children are Judy (Dick) Frush, Van R. Johnson, both of La Porte City and Cynthia (John) Nichols of Fairfax, Iowa.
Raymond resides at La Porte City Specialty Care, P.O. Box 175, 1100 Hwy. 218 N., La Porte City, IA 50651.

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