Q: When are property taxes due in Keokuk County for FY 2025?
A: Property taxes are due in two installments: September 30, 2024 for the first half, and March 31, 2025 for the second half.
Q: What tax credits are available and do I need to apply?
A: The main credit is the Homestead Credit (up to $4,850 for 2024), which requires annual application by July 1st. Military exemptions, disability credits, and elderly/disabled credits are also available but require separate applications with the County Assessor.
Q: How does the Homestead Credit work?
A: The Homestead Credit provides property tax relief and caps assessment increases. It limits how much your home's taxable value can increase each year (typically 3% for homestead properties). You must apply annually by July 1st - it's not automatic.
Q: When are properties reassessed in Keokuk County?
A: Iowa law requires properties to be assessed annually as of January 1st. However, physical inspections typically occur on a rotating cycle unless there are ownership changes or improvement permits.
Q: What are the penalties for late payment?
A: Late payments incur a 1.5% penalty per month on the unpaid balance. After June 1st, delinquent taxes begin earning 2% interest per month and may result in tax sale proceedings.
Q: Can I pay my property taxes online?
A: Yes, Keokuk County typically offers online payment options through the County Treasurer's website. Credit card payments may include convenience fees.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the Keokuk County Board of Review between May 1-31 annually. You can protest the assessed value if you believe it exceeds fair market value.
Q: Why do tax rates vary within Keokuk County?
A: Different areas of the county are served by different school districts, townships, cities, and special districts (drainage, fire, library). Each combination creates a different total tax rate.
Q: What if I disagree with special district assessments?
A: Special assessments (like drainage districts) have separate appeal processes. Contact the specific district or the County Auditor's office for information about challenging these assessments.
Q: Do senior citizens get automatic tax breaks?
A: No tax credits or exemptions are automatic. Seniors may qualify for elderly/disabled tax credits, property tax deferrals, or other programs, but must apply through the County Assessor's office.
