Des Moines County property tax

Example of Des Moines County Property Tax Calculation

Des Moines County property tax calculation is based on the assessed value of a property and the tax rate set by the county government. For example, if a property in Des Moines County is assessed at $100,000 and the tax rate is set at 2%, then the property tax owed would be $2,000.

To calculate the assessed value of a property, the county assessor will consider factors such as the property's size, location, and condition. The assessed value is typically a percentage of the property's market value.

Once the assessed value is determined, the tax rate is applied to calculate the amount owed. The tax rate is set annually by the county government and can vary depending on the county's budget needs.

It's important to note that property taxes in Des Moines County are typically due on September 1st of each year. Failure to pay property taxes on time can result in penalties and interest charges.

If you want appeal your property tax assessment - contact your local tax assessor.

Des Moines County Property Tax Rates

The following table lists the property tax rates for Des Moines County in US dollars per $100 of assessed value:

It's important to note that these rates may vary from year to year and may be subject to change based on local legislation. Property owners are encouraged to consult with a tax professional for personalized advice.

Who sets property tax rates in Des Moines County ?

Who sets property tax rates in Des Moines County?

Property tax rates in Des Moines County are determined by several entities, including the county board of supervisors, school districts, municipalities, and other taxing districts. The board of supervisors sets the countywide tax rate, while the other entities set their own rates.

When are property tax rates set in Des Moines County?

Property tax rates are typically established each year in the fall, during budget season. The taxing entities review their funding needs, and determine the tax rates necessary to meet those needs. Property owners are then notified of their assessed value and the tax rate that will be applied to their property. The tax bills are usually due in March or April of the following year.

What factors influence property tax rates in Des Moines County?

Property tax rates in Des Moines County are influenced by a variety of factors, including the assessed value of the property, the overall budget needs of the taxing entities, and any changes in state or federal funding. Property owners can appeal their assessed value if they believe it is inaccurate, which can affect the amount of taxes they owe.

Homestead exemptions in Des Moines County ?

First, let's define what a Homestead exemption is. It is a legal way for homeowners to reduce the amount of property taxes they have to pay. Des Moines County in Iowa has several county-specific Homestead exemptions and deductions available to eligible homeowners.

Here is a table outlining the columns for easy viewing:

Below is a list of the county-specific Homestead exemptions and deductions available in Des Moines County:

1. Homestead Exemption

   • Eligibility: Any homeowner who owns and occupies their primary residence.
   • Amount: 100% exempt from the first $4,850 of the assessed value of the property.
   • Notes: None.

2. Military Exemption

   • Eligibility: Any active duty military service member who owns and occupies their primary residence.
   • Amount: 100% exempt from the first $2,778 of the assessed value of the property.
   • Notes: None.

3. Disabled Veteran Homestead Property Tax Credit

   • Eligibility: Any veteran who has a service-connected disability of at least 70% and owns and occupies their primary residence.
   • Amount: 100% exempt from the first $47,341 of the assessed value of the property.
   • Notes: Requires proof of disability from the Veterans Affairs Administration.

4. Homestead Tax Credit for Low-Income Seniors and Disabled Persons

   • Eligibility: Any homeowner who is either 65 or older, or who is totally disabled, and whose income is below a certain threshold.
   • Amount: Varies depending on the homeowner's income and assessed value of the property.
   • Notes: Requires proof of income and disability.

5. Homestead Property Tax Credit for Residential Care Facilities

   • Eligibility: Any residential care facility that is licensed by the state of Iowa and provides care for 6 or fewer people.
   • Amount: Varies depending on the assessed value of the property.
   • Notes: None.

These county-specific Homestead exemptions and deductions can help eligible homeowners reduce their property tax burden. It is important to note that some of these exemptions may require documentation or proof of eligibility. Homeowners should contact the Des Moines County assessor's office for more information on how to apply for these credits.

When is Des Moines County Property Tax due ?

Des Moines County Property Tax is typically due on September 30th of each year.

Property owners in Des Moines County can make their tax payments by using the following methods:

Payment Methods

It is important to note that if the due date falls on a weekend or holiday, the deadline for payment will be extended to the next business day. Also, property owners who are having difficulty paying their property taxes should contact the Des Moines County Treasurer's Office to discuss payment options.

If you have more questions - contact your local tax collector.

How is Des Moines County Property Tax penalty calculated ?

Des Moines County Property Tax Penalty Calculation

If a property owner in Des Moines County fails to pay their property taxes by the due date, they may be subject to penalties and interest charges. It is important to understand how these penalties are calculated to avoid additional fees and charges.

Penalty Calculation:

The penalty for late payment of property taxes in Des Moines County is calculated as a percentage of the unpaid taxes. The penalty amount is determined by the number of months the taxes remain unpaid. The penalty rate is as follows:

• 1 month late: 1% penalty
• 2 months late: 2% penalty
• 3 months late: 3% penalty
• 4 months late: 4% penalty
• 5 months late: 5% penalty
• 6 months late or more: 6% penalty

Example:

Let's say John owns a property in Des Moines County and the property tax due date was January 31st. John failed to pay his property taxes until July 31st, which is 6 months late. The total amount of taxes owed for the year was $1,000. Using the penalty rates above, we can calculate the penalties as follows:

• 1 month late: $10 (1% of $1,000)
• 2 months late: $20 (2% of $1,000)
• 3 months late: $30 (3% of $1,000)
• 4 months late: $40 (4% of $1,000)
• 5 months late: $50 (5% of $1,000)
• 6 months late: $60 (6% of $1,000)

So, John would owe $210 in penalties in addition to the original $1,000 in property taxes.

In conclusion, property owners in Des Moines County should make sure to pay their property taxes on time to avoid penalties and interest charges. The penalty rates increase every month, so it is best to pay the taxes as soon as possible to avoid additional fees.

We recommend contacting the Des Moines County Tax Office or a local tax professional for the most up-to-date and accurate information.

Des Moines County tax offices:

• Des Moines County tax assessor
• Des Moines County tax collector
• Des Moines County tax commissioner
• Des Moines County tax appraiser
• Des Moines County tag office