65+ Homestead Exemption and Business Property Tax Credit will not appear on the property tax bill due in September 2023 / March 2024.

Homestead Exemptions for those who are 65 years of age or older and signed by July 1, 2023 will be applied to the 2023 assessment.  The 2023 assessment will have taxes due in September 2024 and March 2025.  The current tax bill is based on the 2022 assessment and includes credits/exemptions that were signed by July 1, 2022.  

For Commercial, Industrial and Railroad Property - beginning for the 2022 assessment year property taxes, the Business Property Tax Credit has been repealed and replaced with a Two-Tier Assessment Limitation.  The first $150,000 of assessed value will now receive an assessment limitation that is equal to Residential Property (54.6501%).  The remainder of assessed value will continue to receive an assessment limitation of 90%.  More information is available at https://tax.iowa.gov/hf2552-bptc

New Homestead Tax Credit and Exemption Form - (click here)

REMINDER:

The deadline to file for Homestead Tax Credit, Disabled Veterans Homestead Tax Credit, and Military Exemption is July 1, 2023 for the 2023 assessment year (taxes payable September 2024 / March 2025). Applications may be submitted to our office via in person, email (cityassr@johnsoncountyiowa.gov) or mail. All applications received or postmarked after July 1st will be processed for the 2024 assessment year (taxes payable September 2025 / March 2026).  

The 2023 assessment notices for property located within the city limits of Iowa City will be mailed prior to April 1st.  Most single-family residential properties will see significant increases in value.  Iowa Code states that residential and commercial property must be valued at market value in odd-numbered years.  More information is available at 2023 Property Assessment Information

JANUARY 1, 2023 ASSESSMENTS ARE NOW AVAILABLE ON OUR WEBSITE.

The 2023 assessed values will be used for the taxes payable September 2024 and March 2025.

The 2022 assessed values will be used for the taxes payable September 2023 and March 2024.

To access Board of Review Petitions online please click here.  We will be accepting petitions from April 2, 2023 to April 30, 2023. If mailed, they must be postmarked by April 30, 2023.

HOMESTEAD AND MILITARY FORMS ARE AVAILABLE ONLINE: please click here.

FORMS CAN BE MAILED TO OUR OFFICE, BUT MUST BE POSTMARKED ON OR BEFORE JULY 1ST.

NEW HOMEOWNERS--Be sure to apply for Homestead and Military Tax Credits. Applications can be completed at our office or obtained online by clicking on "Additional Information & Links" above and then the Iowa City Assessor Page.