Q: When are property taxes due in Floyd County?
A: Property taxes are due in September and March for the current fiscal year. Late payments can result in your property being included in the tax sale held in June, so payments must be made by April 1 to avoid this consequence.
Q: What is the Homestead Credit and how do I apply?
A: The Homestead Credit is a tax credit that reduces your property tax bill and helps limit annual assessment increases for owner-occupied homes. You must apply for this credit - it is not automatic. Floyd County now allows applications by phone or email. Contact Assessor Bruce Hovden at (641) 257-6131 or visit www.floydco.iowa.gov for application information.
Q: Are there other tax credits available?
A: Yes, Floyd County offers several tax credits including Military Exemption for qualifying veterans, Native Prairie or Wetlands Property Tax Exemption, and Pollution Control and Recycling Property credits. All credits require separate applications and approval. Contact the assessor's office for eligibility requirements and application deadlines.
Q: How often are properties reassessed in Floyd County?
A: Iowa law requires properties to be assessed annually, though not all properties receive physical inspections each year. The assessor reviews sales data and market trends to adjust values. You'll receive a notice if your assessment changes significantly.
Q: How do I appeal my property assessment?
A: If you disagree with your assessment, you can file an appeal with the Floyd County Board of Review. Appeals must typically be filed by May 4th following the assessment notice. Contact the assessor's office at (641) 257-6131 for appeal procedures and deadlines.
Q: What happens if I pay my taxes late?
A: Late payments incur penalties and interest charges. Properties with unpaid taxes are subject to tax sale in June. To avoid tax sale, all delinquent taxes must be paid by April 1st.
Q: Can I pay my property taxes online?
A: Contact the Floyd County Treasurer's office at (641) 257-6131 or visit www.floydco.iowa.gov to inquire about online payment options and accepted payment methods.
Q: Why did my tax bill increase even though rates stayed the same?
A: Tax bills can increase due to rising property values, completion of improvements, changes in tax credits, or changes in special district rates. Even if the county rate remains stable, school districts and other taxing entities may adjust their rates independently.
