Explaining the property tax mailers
This is the second-year letters were mailed out to all property owners as required by HF718 (Iowa Code Section 24.2A) in order to give property owners an opportunity to attend public hearings regarding proposed property tax rates for the taxing entities in their Taxing District. These proposed tax rates would be for the taxes that will be due in September 2025 and March 2026. The front page of the mailing begins in the top right corner stating what this mailing is for, as well as defining the “Effective Tax Rate” as the rate produced by holding current taxation constant using next ...