ISAC County Budgeting & Property Tax Seminar October 2, 2019 Iowa Department of Revenue Julie G. Roisen, MA, CAE Local Government Services Division Administrator
Iowa Department of Revenue Primary Functions Serving Local Government Equalization Central Assessments Replacement Tax Distributions of state funded credits and exemptions
Equalization Declarations of Value Statistical Analysis Tentative Orders Appeals Final Equalization Orders Productivity Value per Acres Agricultural factor Agricultural adjustment
Central Assessments Market value determination for: Telecommunications Pipeline Railroad Cooperatives Certificates of Assessment to County Auditors
Replacement Tax Taxable Values: Distribution Natural Gas Transmission and Production of Electricity Distribution of Water Certificates to County Auditors
Distributions Replacement Claim (backfill dollars) Business Property Tax Credit Homestead Including Disabled Veteran Homestead Credit Military Exemption Agricultural Land Credit Family Farm Credit