Assessments strike a raw nerve with Iowans
April 12th, 2023 by Ric Hanson
(Atlantic, Iowa) – If you’re like most people in Iowa, when you opened your mail last week, you were socked with shock and perhaps some anger, when you found out how much your property assessments had gone up. Assessments mailed out March 31st indicated valuations for most property classes increased substantially this year for not only in Cass County, but the entire state.
Cass County Assessor Mary Anstey says that shock and anger can be attributed to the Iowa Tax System that is very confusing, even to assessors around the State.
She says software in her office helps with the equation.
Anstey says when people ask about their current assessment, which she acknowledged was most likely “shocking,”the first thing the Assessor does is to make sure all their information is correct. She says keep in mind that what your assessment shows are based on 2024 property values, so the property taxes aren’t effective until the Fall 2022 property tax payments.
According to Iowa Code, there cannot be more than a three-percent increase in taxes, Statewide. The property values increased in Cass County anywhere from 20-to as much as 50-percent or more. According to Anstey, the reason is because of the market value of homes being sold.
Cass County, she says, was at 79-percent of market value as of December 31st.
There are things that will factor-in to your property tax bill in the Fall of 2024,including a State roll-back, and another round of local entities putting together their budgets, including schools, cities, counties and hospitals, that will impact what your property taxes will be.
Persons wanting to appeal their assessment have until April 25th to petition for an informal review from the Assessor of your property & assessment. Completed forms with supportive data can be emailed to assessors@casscoia.us or mailed to 5 W 7th, Atlantic, Iowa 50022. If the Board of Review needs additional information, a representative from the Assessor’s office will contact you.The formal appeal period has been extended and will now end April 30th. Afterward, if you are not satisfied with the review, you can appeal to the Board of Review, beginning May with their meeting May 2nd. The next recourse is an appeal to the State Board of Review, or, as a last resort, District Court.
For more information, listen to our April 12, 2023 podcast with Jim Field and Mary Anstey. You can find under the “Podcast” tab on the kjan.com homepage.