Iowa

With Des Moines and other cities facing an expected decline in property tax revenues because of changes in state law, attention has begun to shift to whether tax abatements are an appropriate incentive for development. Read More

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The Isle Casino Hotel Waterloo has settled a long-running dispute over the value used to set its property tax bills. Read More

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An application for property tax relief for a 95-year-old World War II prisoner-of-war was rejected by the Louisa County Board of Supervisors on Tuesday, but not until the supervisors seriously considered ignoring a recommendation from its county assessor and approving the application. Read More

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An assault case against the city assessor for Mason City has been dropped. Read More

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The city assessor for Mason City has been accused of assault following a disturbance at a home. Read More

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  Davenport officials are considering a program that would let residents funnel a property tax rebate into a college savings plan. Read More

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A judge has upheld the validity of a state law that grants a property tax exemption to Elliott Aviation. Read More

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Iowa's growing economy has allowed us to cut taxes while balancing the state budget and protecting local services and schools. Read More

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 Historically, the city of Dubuque has only had to contend with one or two pending cases at the Iowa Property Assessment Appeals Board at any given time, according to City Assessor Rick Engelken. Read More

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Provides a 10 percent rollback over two years on commercial and industrial property taxes; 100 percent backfill to local governments for loss of revenue on the rollback; creates a property tax credit that will reach $125 million by fiscal 2015 for commercial and industrial properties; limits assessment growth to 3 percent on agriculture and residential properties; and extends the Property Assessment Appeals Board. Read More

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If raising taxes were a race, the Hancock County Supervisors would have lapped the field. If raising taxes were a sporting event, the mercy scoring rule would be invoked. Increasing the Rural Basic amount 27 percent last year and 30 percent this year, for a cumulative 66 percent over two years, blows Iowa’s 98 other counties out of the water. Read More

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Allamakee County Attorney Jill Kistler announced last week that the County has reached a settlement with SHF Industries, LLC, owner of the AgriStar meat processing facility in Postville, regarding unpaid property taxes. Under the terms of the settlement agreement, SHF Industries has paid the County a lump sum of $604,720.73 and all court proceedings related to the matter have been dismissed. The settlement covers the principal amount, but not interest of over $434,000 or legal fees incurred by the County totaling more than $168,000. Read More

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This is the second in a series of articles analyzing key sections of recent legislation that significantly changed Iowa’s property tax system. In this post, we address the commercial property tax credit and its impact on commercial property owners. Read More

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 Renovation of the empty former Great Furniture Mart at 600 and 616 First St. SE has taken a step ahead after the City Council this week unanimously approved a developer’s request for a 10-year property-tax break on the property. Read More

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For the past six years, the Bettendorf Home Depot has received a $151,000 property tax rebate check from the city thanks to a Tax Increment Financing (TIF) deal that enticed the company to build a store as part of the Duck Creek Plaza redevelopment along Middle Road. Read More

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The companies that own Coral Ridge Mall and its department stores are filing suits against the Johnson County Board of Review, claiming it over-assessed their properties by a combined $60 million. Read More

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The Bettendorf City Council voted Tuesday to approve a resident’s request for tax exempt status for 4.9 acres of his property. Read More

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What politicians are billing as the biggest tax break in state history will offer relief to Johnson County property owners, but it has local officials worried about making ends meet. With big breaks for some rental properties, apartment-heavy Iowa City’s revenue will take one of the biggest hits in the state. Read More

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Adam Sullivan of the Iowa City Press-Citizen writes that local municipalities are worried about the loss of funding to municipalities following the signing of a large property tax cut. Read More

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