2011 FINAL EQUALIZATION ORDER

Pursuant to Iowa Code Section 441.49, the Director of Revenue and Finance of the State of Iowa has ordered the following final percentage adjustment to be made to the 2011 valuations of real property in Benton County.

CLASS OF PROPERTY Percentage Adjustment to

Reported 2011 Actual Values

Agricultural Land and Structures, excluding

Residential Dwellings on Agricultural Realty, NO ADJUSTMENT

Outside and Within Incorporated Cities

Residential Realty, including Residential

Dwellings on Agricultural Realty, Outside

NO ADJUSTMENT

and Within Incorporated Cities

Commercial Realty, Excluding Machinery and

Equipment referred to in Chapter 427A,

NO ADJUSTMENT

Outside and Within Incorporated Cities

THE COUNTY AUDITOR SHALL ADJUST THE VARIOUS CLASSES OF PROPERTY IN THE COUNTY ACCORDING TO THE ABOVE FORMULA AS DIRECTED BY THE DIRECTOR OF REVENUE AND FINANCE OF THE STATE OF IOWA FOR THE 2011 VALUATIONS.

ASSESSED VALUES ARE EQUALIZED BY THE DEPARTMENT OF REVENUE AND FINANCE 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.

JILL MARLOW

BENTON COUNTY AUDITOR

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