County Auditors are required by law (Iowa Code Section 441.21) to apply the following percentages to all assessments within each of these categories:
2022 Rollback for taxes payable FY 23-24
|
Category |
Rollback |
|---|---|
| 1. Agricultural (excluding agricultural dwellings) | 91.6430% |
| 2. Residential (Rural and urban -including agricultural dwellings) |
54.6501% |
|
3. Commercial Realty to the value of each property unit of outside and within incorporated cities and towns: A. 54.6501% to the value of each property unit that exceeds zero dollars ($0), but does not exceed one hundred fifty thousand dollars ($150,000). B. 90.0000% to the value of each property unit that exceeds on hundred fifty thousand dollars ($150,000). |
Tier 1: 54.6501% Tier 2: 90.0000% |
|
4. Industrial Realty outside and within incorporated cities and towns: A. 54.6501% to the value of each property unit that exceeds zero dollars ($0), but does not exceed one hundred fifty thousand dollars ($150,000). B. 90.0000% to the value of each property unit that exceeds one hundred fifty thousand dollars ($150,000). |
Tier 1: 54.6501% Tier 2: 90.0000% |
|
5. Railroad Property to the value of each property unit outside and within incorporated cities and towns: A: 54.6501% to the value of each property unit that exceeds zero dollars ($0), but does not exceed one hundred fifty thousand dollars ($150,000). B: 90.0000% to the value of each property unit that exceeds one hundred fifty thousand dollars ($150,000). |
Tier 1: 54.6501% Tier 2: 90.0000% |
| 6. Utility Property | No adjustment |
* Please note there is no longer Multi-Residential it would fall under Residential*
Rollbacks from previous tax years
2021 Rollback for taxes payable FY 22-23
|
Category |
Rollback |
|---|---|
| Agricultural (excluding agricultural dwellings) |
89.0412% |
| Residential (Rural and urban - including agricultural dwellings) |
54.1302% |
| Commercial (excluding machinery and equipment assessed as real property pursuant to Section 427A.1(7) of the Iowa Code) |
90.0000% |
| Industrial (excluding machinery and equipment assessed as real property pursuant to Section 427A.1(7) of the Iowa Code) |
90.0000% |
| Multi-Residential | 63.7500% |
| Railroad Property | 90.0000% |
| Utility Property | No adjustment |
2020 Rollback for tax payable FY 21-22
|
Category |
Rollback |
|---|---|
| Agricultural (excluding agricultural dwellings) |
84.0305% |
| Residential (Rural and urban - including agricultural dwellings) |
56.4094% |
| Commercial (excluding machinery and equipment assessed as real property pursuant to Section 427A.1(7) of the Iowa Code) |
90.0000% |
| Industrial (excluding machinery and equipment assessed as real property pursuant to Section 427A.1(7) of the Iowa Code) |
90.0000% |
| Multi-Residential | 67.5000% |
| Railroad Property | 90.0000% |
| Utility Property | 98.5489% |
2019 Rollback for tax payable FY 20-21
| Category | Rollback |
|---|---|
| Agricultural (excluding agricultural dwellings) |
81.4832% |
| Residential (Rural and urban - including agricultural dwellings) |
55.0743% |
| Commercial (excluding machinery and equipment assessed as real property pursuant to Section 427A.1(7) of the Iowa Code) |
90.0000% |
| Industrial (excluding machinery and equipment assessed as real property pursuant to Section 427A.1(7) of the Iowa Code) |
90.0000% |
| Multi-Residential | 71.2500% |
| Railroad Property | 90.0000% |
| Utility Property | No adjustment |