03-20-24 – FY2025 Budget Statement Mailing

A recent law change, House File 718, requires a statement to be mailed to county taxpayers with state-specified information related to proposed local government budgets and proposed property tax rates. (Iowa Code 24.2A)

The information is for taxes payable in September 2024 and March 2025.

The statement is not a property tax bill.  It includes informational data for proposed city, school district and county budgets.

The statement provides taxpayers with proposed city, school district and county budgets.

The statement includes the impact of the proposed city, school, and county property tax rates on both a $100,000 residential property and $100,000 commercial property.  The actual impact could be different than the examples in the statement, which do not factor any possible change in assessed value.

Taxpayers owning more than one property may receive multiple letters if those properties are in different tax districts.