Property Owner Legal Responsibilities
Tax & Value Information
The following information was prepared
by the public relations committee of the
Dates to Remember
Effective date of current assessment.
Property owner may request an informal review of their assessment by the assessor.
Protest of assessment period for filing with the local Board of Review.
Board of Review meets each year.
Protest period for filing with Board of Review on those properties affected by changes in value as a result of the Director of Revenue Equalization Orders (odd numbered years).
Period for filing for Homestead Credit, Military Exemption and Business Property Tax Credit. One time filing is provided, by statute, unless the property owner is
If the home qualifies and the property owner files on or before July 1, the credit or exemption will go into effect for the current assessment year. If the property owner files after July 1, the credit or exemption will go into effect the year following the sign up. For the Business Property Tax Credit, applications are due July 1st of each year for the current year assessment.
Filing is required on the following, if provisions have been made for exemptions as required:
Things to Remember
On values determined as of January 1st, one does not start to pay taxes until eighteen months later. The “roll back” is the percentage of actual value that is determined by the Director of Revenue each year on the several classes of property where the total value increase STATEWIDE, exceeds three percent for each class of property. The percentage so determined by the Director of Revenue is certified to and applied by the local county auditor to all property in each class affected throughout the State. Percentages determined by the Director of Revenue are the same for all the assessing jurisdictions within the entire state and can change each year.
Increases in assessed value of individual parcels of property as determined by the assessor, may exceed three percent within a jurisdiction. Agricultural property, except agricultural dwellings, are assessed on the basis of productivity and net earning capacity using a five–year crop average and capitalized at the rate set by the Legislature.
Tentative and final equalization orders are issued by the Director of Revenue in odd numbered years on or about August 15th, and October 1st respectively. The orders are sent to the various county auditors who apply them to the classes of property affected, if any.
If you desire further information, questions concerning PROPERTY VALUES or other information relating thereto should be addressed to the assessor’s office in the respective jurisdiction and not the Board of Supervisors or Treasurer.
Questions relating to taxes should be addressed to the County Treasurer.
If you need further information, please contact the Assessor’s Office.
© 2017 Harrison County, Iowa