Pursuant to Iowa Code Section 441.49, the Iowa Department of Revenue has notified the Taylor County Auditor of final percentage adjustments to the 2025 valuations of real property in Taylor County.
Equalization occurs on an entire class of property, not on an individual property, and occurs on an assessing jurisdiction basis and not on a statewide basis. The adjustments are as follows:
Increase of 15% to Commercial Realty, Excluding Machinery and Equipment Referred to in Iowa Code chapter 427A, Outside and Within Incorporated Cities.
There were no adjustments to any other classes of property. Assessed Values are equalized by the Iowa Department of Revenue every two years. Local taxing authorities determine the final tax levies and may reduce property tax rates to compensate for any increase in valuation due to equalization. If you are not satisfied with your assessment as adjusted by the equalization order, you may file a protest against such assessment with the Board of Review on or after October 9, to and including October 31, 2025. Iowa Code 441.49(2)(a).
Each Commercial Realty property owner will be mailed individual notices.
Questions should be directed to the County Assessor’ Office at 405 Jefferson St., Bedford IA 50833 or call 712-523-2444.
