Ag land assessments soar for 2014 property taxes
A substantial increase in Union County’s agricultural land and building valuation may cause an increase in property taxes for the fall of 2014, but statewide regulations will minimize the impact.
The Iowa Department of Revenue’s final percentage adjustments for 2013 valuations saw a 33.88 percent increase for agricultural land and 15 percent increase for agricultural buildings.
“The reason for the increase is agricultural land is valued on productivity, not sale price,” said Union County Assessor Gene Haner. “It is averaged on a five-year process, plus two years in arrears.”
If you have any technical difficulties, either with your username and password or with the payment options, please contact us by e-mail at email@example.com