Property Tax Increase
- Thread starter spierceisu
- Start date
Did you know it is impossible for real estate values to continue to go up while at the same time allowing affordable housing?
Not necessarily true. The financing terms available and income changes can affect the affordability.
That’s not how it works at all. Increases in west Des Moines have no bearing on what happens in Hedrick. There is not one number for the state.
Maybe the government has to intervene to make affordable housing I don’t know. Do you know of a place that has affordable housing figured out?
The State sends out mandates to all of the assessors that they must raise (or lower ha) values by X%. It may not be the exact same state wide but they haven't based it on the actual local markets.
Sure all of the rural areas have very affordable housing. You know the places where Millennial's don't want to live.
what if you bought a house this year and the assessed is 10% higher than it appraisal and was bought for
...and that's why I moved to the country
Low taxes and nobody up in my business. Get off my lawn!!
Sounds like good grounds for an appeal. If they ask for documentation show them your appraisal.
Can't read all the posts but going to say this, when the State Legislature cuts taxes which reduces the amount it then gives back to Counties, Cities, and towns, those places have to make up for their operating budgets. People want the services that are provided. They have to be paid for. The gap has to be made up. So, you're taxed one way or the other it just depends on where it comes from. Perhaps we should be asking our state and local politicians why so many large companies are given tax handouts after handouts when they can afford to keep business as usual without them.
Look at Ankeny where Kreg Tool is being given $5 million in tax incentives to move from Huxley. Huxley was willing to offer up to $10 million in incentives to stay but the company wanted to move. If they wanted to move, why was there the need for millions to be handed out. So, those that live at Ankeny will pay for it as they get a free ride for several years.
Look at Ankeny where Kreg Tool is being given $5 million in tax incentives to move from Huxley. Huxley was willing to offer up to $10 million in incentives to stay but the company wanted to move. If they wanted to move, why was there the need for millions to be handed out. So, those that live at Ankeny will pay for it as they get a free ride for several years.
I'm down with complaining about taxes as much as the next guy, but if your assessed value is still lower than market value after that much of an increase, I would think you'd be ecstatic at the great deal you've been getting for the past few years. Difference in perspective, I guess.
The assessed value has nothing to do with your net worth because its not real. I'd take the saved real money on taxes.
The assessed values are supposed to be based on the local market. However, that hasn't precluded the state from sending out mandated large increases that don't reflect the values.
My assessed value was increased by 9.13% in Ankeny. Could this coming as Ankeny city council members were quick to promote the city tax rate decrease, which is easy to do when they know the valuations are increasing yet again.
All this talk of cities and counties gouging people for tax money, and yet it's the schools who make out better than either of those.
Let's say you live in Huxley.
19.61 (per $1000 taxable value, after rollbacks and credits) goes to Ballard schools.
11.85 goes to the city.
6.49 goes the county (5.06 of which is the result of the board of supervisors' action).
0.69 goes to DMACC.
Let's say you live in Huxley.
19.61 (per $1000 taxable value, after rollbacks and credits) goes to Ballard schools.
11.85 goes to the city.
6.49 goes the county (5.06 of which is the result of the board of supervisors' action).
0.69 goes to DMACC.