Charles City, Iowa – The Floyd County Board of Supervisors made property tax increases official Tuesday morning as they approved the county budget for fiscal year 2020.
Chairmen Doug Kamm addressed concerns brought to the board by county residents.
County wide property taxes will jump 27 percent and rural totals will jump 19 percent. If you had a property assessed at $100,000, residents in rural areas will see an increase of $1.68 per $1,000 taxable valuation. Residents who live in incorporated areas will see about $1.50 per $1,000. These numbers don’t include other levies like schools or cities.
Part of the increase is due to the addition of a debt service levee for the 13.5 million dollar law enforcement center project.
Health insurance and other department specific additions influenced the increase.
County departments had to justify their budgets in front of the board and explain their numbers
Supervisor Linda Tjaden says most departments didn’t get everything they requested.
This is the first time since 2013 the supervisors have raised levy rates.