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The Iowa City school board votes to sell the Center for Innovation and 18.68 acres of land
The district paid around $9 million for the building four years ago
Source: The Gazette
View as table
| Value | |
|---|---|
| Bought in 2022 | $8.7 million |
| Renovation | $12.8 million |
The Iowa City school board voted Tuesday night to sell the Center for Innovation, its administration building. The Daily Iowan reports the district will also sell 18.68 acres in southwest Iowa City.
Board member Mitch Lingo said Tuesday he would be open to selling the building, which houses the district's administrative offices and has become a "symbol of overspending."
- Bought: 2022, with 7.9 acres
- Also for sale: 18.68 acres in southwest Iowa City
- Before a sale: board vote and public hearing
- Houses: the district's online learning program
“Everyone has told us time and time again to get rid of this building.”
Mitch Lingo, Iowa City school board member
The board also finalized the 2025 audit. It showed the district paid over a half million dollars in late fees to the IRS. Financial Oversight Committee member Charlie Funk said the late filing reflects the disarray in the financial administration department.
Nearly 200days past the state deadline when the 2025 audit was submitted
The late fees went to the IRS for late federal tax filings and improper deposits.
Source: KCJJ
