Council Bluffs reveals 2023 budget with tax levy reduction despite property value increases

During a special meeting on March 24, 2025, the City Council of Council Bluffs, Iowa, addressed key issues surrounding the city's budget and property tax evaluations. The meeting opened with remarks highlighting the challenges residents face in understanding state forms related to property taxes, which were described as confusing and misleading.

The council member noted that the state had underestimated property values in the previous year, leading to a significant adjustment in how homes are evaluated. This year, homes were assessed at only 10% of their true value, raising concerns about transparency and accuracy in property taxation.

A major point of discussion was the overall taxable valuation in Council Bluffs, which saw an increase of 5.3%. This rise is attributed to new construction and market changes that have positively impacted the city's financial landscape. In response to these changes, the city announced a reduction in its property tax levy from 17.69 to 17.69, marking a decrease of 16.19.

The council explained Iowa's rollback system, which adjusts the taxable percentage of a home based on its valuation. Although the property tax levy has decreased, residents may still see an increase in their taxable amounts due to a slight rise in property valuations, which went up just over 1% this year.

Brandon Garrett, a city official, was present to assist residents in understanding their specific property tax changes, indicating a commitment to transparency and support for the community.

In conclusion, the meeting underscored the city's efforts to navigate complex property tax evaluations while striving to maintain fiscal responsibility. As Council Bluffs continues to grow, the council's decisions will play a crucial role in shaping the financial landscape for its residents. Further discussions and clarifications are expected as the city moves forward with its budgetary plans.