Property owners in Linn County and across Iowa will soon receive a mailing from their county Auditor containing information about the proposed property taxation for the next budget year that starts July 1, 2024. A new state law (Iowa Code 24.2A) requires county Auditors to mail a budget statement to property owners by March 20.
As required by Iowa Code 24.2A, the budget statement will include the following information for taxes payable in September 2024 and March 2025 for a property owner’s school district, county, and city:
• Date, time, and location of the first public hearing to consider proposed property taxation
• Phone number and website for each taxing district (school district, county, and city)
• Current, effective, and proposed taxation
• Current distribution of property taxes
• Comparison of current and proposed taxation for a residential property valued at $100,000 and a commercial property valued at $150,000
The budget statement is not a property tax bill. The budget statement does not include proposed property taxation for smaller taxing authorities, such as community colleges, assessor’s offices, townships, or agricultural extension. Property owners with more than one property may receive multiple letters if those properties are taxed by different school districts, counties, or cities.
This mailing from the Linn County Auditor is in addition to assessment notices being mailed to some property owners by the City of Cedar Rapids Assessor and the Linn County Assessor.
Additional information regarding the budget statement will be made available on the Iowa Department of Management’s website at https://dom.iowa.gov/property-taxes on or after March 20, 2024.
Questions about the public hearings or the proposed property taxation should be directed to the school district, county, or city contact information included on the budget statement.