Pottawattamie County Property Tax Rates
Pottawattamie County Property Tax Rates:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| Residential | $11.73 |
| Commercial | $27.23 |
| Agricultural | $11.16 |
| Industrial | $27.23 |
Note: These rates are subject to change and should be verified with the Pottawattamie County Treasurer's Office.
Example of Pottawattamie County Property Tax Calculation
Pottawattamie County calculates property taxes based on the assessed value of the property. For example, if a property is assessed at $100,000, the tax rate for that year is $10 per $1,000 of assessed value, and there are no exemptions or credits applied, the property owner would owe $1,000 in property taxes for the year. The county also assesses additional taxes for things like school districts and city or town governments, which are added to the property tax bill. It is important to note that property tax rates and assessments can vary from year to year and from property to property, so it is always best to consult with a tax professional or the county assessor's office to get accurate and up-to-date information.
If you want appeal your property tax assessment - contact your local tax assessor.
Who sets property tax rates in Pottawattamie County ?
In Pottawattamie County, property tax rates are set by the county's board of supervisors. This typically occurs in the summer months, prior to the start of the fiscal year on July 1st. The board of supervisors takes into account factors such as the county's budget, assessed property values, and any changes in state laws or regulations. Once the tax rates are determined, property owners in Pottawattamie County will receive a notice in the mail indicating their specific tax obligation.
Homestead exemptions in Pottawattamie County ?
Here is a table with columns for Homestead exemptions and deductions in Pottawattamie County, Iowa:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Homestead Credit | Owner-occupied homes | 100% of first $4,850 of actual value | Must apply by July 1st |
| Military | Active-duty service members or their surviving spouses | $2,778 of assessed value | Must have served on active duty for 90 days |
| Disabled Veteran | Veterans with a service-connected disability rating of at least 70% | $1,852 of assessed value | Must provide proof of disability |
| Disabled | Individuals with a permanent physical disability | $2,778 of assessed value | Must provide proof of disability |
| Senior Citizen | Individuals 65 or older | $4,000 of assessed value | Must have a household income of less than $32,000 |
| Low-Income | Individuals with a household income of less than $23,850 | 100% of first $4,850 of actual value | Must apply by July 1st |
Note that these exemptions and deductions are specific to Pottawattamie County, Iowa. Eligibility requirements and amounts may vary by county and state. It is recommended that individuals contact their local assessor's office for more information and to determine their eligibility for these exemptions and deductions.
When is Pottawattamie County Property Tax due ?
Pottawattamie County Property Tax is typically due on March 31st of each year in the state of Iowa. The due date may vary depending on weekends and holidays. There are several methods of payment available for taxpayers to ensure timely payment of their property taxes. These include:
- Online Payments: Payments can be made online through the county's website using a credit card, debit card, or e-check. A convenience fee may be applicable for this option.
- In-Person Payments: Payments can be made in person at the county treasurer's office using cash, check, or money order. The office is located at 227 S 6th St, Council Bluffs, IA 51501.
- Mail-In Payments: Payments can also be mailed in to the county treasurer's office. The address for mail-in payments is Pottawattamie County Treasurer, 227 S 6th St, Council Bluffs, IA 51501. Payments must be postmarked by the due date to avoid any penalties.
It is important to note that property owners who cannot make full payment by the due date may be eligible for a payment plan. This option allows property owners to pay their taxes in installments, but interest may accrue on the unpaid balance. For more information about payment plans or to ask any further questions, taxpayers can contact the county treasurer's office at (712) 328-5619.
If you have more questions - contact your local tax collector.
How is Pottawattamie County Property Tax penalty calculated ?
Pottawattamie County imposes a property tax penalty on delinquent taxes, which are taxes not paid by the due date. The penalty is calculated based on the amount of tax owed and the length of time the tax has been unpaid. Here is an example of how the penalty is calculated:
Let's say that John owns a house in Pottawattamie County and his 2021 property tax bill is $2,500. The due date for the taxes is September 30, 2021. John fails to pay his taxes by the due date.
On October 1, 2021, a penalty of 1% is added to the unpaid tax bill, which is $25 in this case. If John still doesn't pay by November 1, 2021, an additional penalty of 1% is added, which brings the total penalty to $50 ($25 + $25). If John waits until December 1, 2021, to pay his taxes, another 1% penalty is added, bringing the total penalty to $75 ($25 + $25 + $25).
The penalty continues to accrue each month until the taxes are paid in full. It's important to note that the penalty is calculated based on the amount of tax owed, not on the assessed value of the property.
Here is a table summarizing the penalty rates for late property tax payments in Pottawattamie County:
| Penalty Date | Penalty Rate |
|---|---|
| October 1 | 1% |
| November 1 | 1% |
| December 1 | 1% |
| January 1 | 1% |
| February 1 | 1% |
| March 1 | 1% |
| April 1 | 1% |
| May 1 | 1% |
| June 1 | 1% |
| July 1 | 1% |
| August 1 | 1% |
| September 1 | 2% |
As you can see, the penalty rate increases to 2% on September 1 of the year following the due date, which can add up quickly. It's important to pay property taxes on time to avoid these penalties.
We recommend contacting the Pottawattamie County Tax Office or a local tax professional for the most up-to-date and accurate information.