Q: When are property taxes due in Polk County?
A: For tax year 2024, the first installment is due September 30, 2024, and the second installment is due March 31, 2025. Interest of 1.5% per month begins accruing on October 1st and April 1st respectively for late payments.
Q: What tax credits are available and do they require application?
A: Most tax credits require annual application, including the Homestead Credit (up to $4,850), Military Service Credit, Elderly/Disabled Credit, and Family Farm Credit. Applications must typically be filed with the Polk County Assessor by July 1st. These are NOT automatic.
Q: How does the Homestead Credit work?
A: The Homestead Credit provides property tax relief for owner-occupied homes but requires annual application. It includes both a tax credit portion and an assessment limitation that caps annual assessment increases. You must file annually with the Assessor's Office - it is not automatic.
Q: When are properties reassessed?
A: Iowa law requires properties to be assessed at 100% of market value annually. The Polk County Assessor's Office conducts ongoing market analysis and may physically inspect properties on a rotating schedule or when improvements are made.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the Polk County Board of Review by May 31st following the assessment notice. Contact the Assessor's Office at https://www.polkcountyiowa.gov/auditor/property-assessment/ for appeal procedures and forms.
Q: What happens if I pay my taxes late?
A: Interest of 1.5% per month is charged beginning October 1st for first installments and April 1st for second installments. Delinquent taxes can eventually result in tax sale proceedings.
Q: Can I pay my property taxes online?
A: Yes, Polk County offers online payment options through their secure payment system. Visit https://www.polkcountyiowa.gov/treasurer/ for online payment access and instructions.
Q: Why do tax rates vary within Polk County?
A: Tax rates depend on your specific combination of taxing districts, including your school district, city, and any special districts like community colleges, drainage districts, or TIF areas. Properties in different locations have different combinations of these taxing authorities.
Q: What triggers supplemental tax bills?
A: Supplemental taxes are issued for new construction, major improvements, or changes in ownership that result in assessment changes during the tax year. The supplemental amount covers the additional tax for the remaining portion of the tax year.
Q: Do senior citizens get property tax relief?
A: Iowa offers several programs including the Elderly/Disabled Credit and Property Tax Deferral programs for qualifying seniors. These require separate applications and have specific income and age requirements. Contact the Assessor's Office for details and applications.
