Q: When are property taxes due in Shelby County for FY 2024-2025?
A: The first half is due September 1, 2024 and becomes delinquent October 1st. The second half is due March 1, 2025 and becomes delinquent April 1st.
Q: What is the Homestead Credit and how do I apply?
A: The Homestead Credit is a tax credit (not exemption) that limits annual assessment increases and provides tax relief for owner-occupied homes. You must be an Iowa resident, file Iowa income taxes, and occupy the property as your primary residence for at least six months per year. Applications must be filed with the county assessor and are not automatic.
Q: Are there other tax credits available in Shelby County?
A: Yes, Iowa offers various tax credits including elderly/disabled credits, military exemptions, and agricultural credits. All require separate applications and eligibility verification. Contact the Shelby County Assessor's office for specific programs and application requirements.
Q: When does the county reassess property values?
A: Iowa assesses property annually as of January 1st. The local assessor establishes valuations and classifications, which form the basis for the following year's tax calculations.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the local Board of Review, typically between April 16th and May 5th. Contact the Shelby County Assessor's office for specific procedures and deadlines.
Q: What happens if I pay property taxes late?
A: Late payments incur penalties and interest charges. First half payments are delinquent after October 1st, and second half payments are delinquent after April 1st.
Q: Can I pay property taxes online?
A: Contact the Shelby County Treasurer's office to inquire about online payment options and accepted payment methods.
Q: How do special district taxes affect my bill?
A: Special districts (fire, library, drainage, etc.) add additional levies to your tax bill. Your total effective rate depends on which districts serve your property location. The county auditor determines these rates based on budgets from each taxing authority.
Q: What if I receive a supplemental tax bill?
A: Supplemental taxes result from mid-year changes like new construction or ownership transfers. These are separate from regular tax bills and have their own payment schedules. Contact the county auditor if you have questions about supplemental assessments.
Q: Do I need to reapply for tax credits annually?
A: Most tax credits require only one application and continue as long as you remain eligible, but some may require periodic renewal. Homestead credits continue automatically if you maintain eligibility by owning and occupying the property as your primary residence.
