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In the past two decades, Iowa’s property taxes have surged by more than 110%, with local governments collecting over $7 billion in fiscal 2025 – a 7% increase from the previous year.
Iowa House Speaker Pat Grassley says property taxes will be on the to-tackle list when the new Iowa Legislature meets in 2025, because bills are too big and keep getting bigger. It's a near ...
Their services are instead paid for by taxing other property owners in the city's jurisdiction such as homeowners and for-profit businesses. For many municipalities in the United States, property taxes are the primary source of revenue. The amount of forgone tax revenue as a result of these tax-exempt land parcels is significant.
Aug. 15—The Iowa Legislature's property tax reform law that Newton officials say was supposed to have a greater effect on faster growing cities is instead penalizing and putting a chokehold on ...
A property tax is based upon a property's market value. The ad valorem tax levy is based upon a millage rate which never varies from parcel to parcel. The foundation principles for ad valorem taxes are that each property is valued according to its market value and that each property is taxed based upon a single millage rate that applies to ...
Paul A. Bell (October 3, 1950 – June 7, 2010) was an American politician who served as Iowa State Representative from the 57th and 41st Districts. He served in the Iowa House of Representatives from the 57th District (1993 - 2003) and the 41st District from 2003 and until his death in June 2010.
Those increased values, however, do not mean that a homeowner’s property tax bill will rise a similar percentage. One Carmel family saw their assessment rise by 6%, according to the notice they ...
The 67th District of the Iowa House of Representatives in the state of Iowa. It is currently composed of Delaware County , as well as part of Buchanan and Dubuque Counties . [ 1 ] [ 2 ]