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Supervisors discuss FY26 budget timeline and levy limits under House File 718

2094851 · January 7, 2025
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Summary

County staff reviewed FY25 levy and FY26 timeline changes under Iowa House File 718, explaining how valuation, rollback, and statutory changes affect revenue and scheduling for budget hearings and certification.

Black Hawk County officials reviewed the county's tax levies and the timeline and constraints imposed by House File 718 as the board prepared budget work sessions for fiscal 2026.

A county staff member summarized 2025 figures, saying the countywide levy for 2025 was $5.53 and generated $33,230,219; the rural tax levy was $3.79 and generated $3,694,180. The total county tax askings were reported as $36,924,399, an increase of about $759,000 over the prior year. The staff member described how assessed valuation rose approximately 18% while taxable value rose only about 2.59% the prior year, noting that rollback and other statutory changes affect taxable value.

The staff…

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