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Worth County sets property tax credit funding percentages for FY 2026–27
Summary
By unanimous vote the Worth County Board adopted Resolution 2026‑14, setting state‑funded property tax credit percentages for fiscal year July 1, 2026–June 30, 2027, including 100% funding for homestead and veterans credits and prorate factors for agricultural and family farm credits.
The Worth County Board of Supervisors on June 9 adopted Resolution 2026‑14 to set the county’s funding percentages for property tax credits and exemptions for assessment year 2025, effective for fiscal year July 1, 2026, through June 30, 2027.
The board acted on the Iowa Department of Revenue and Finance estimates and set Homestead & Disabled Veterans Property Tax Credit, Elderly & Disabled Property Tax Credit, Mobile/Manufactured/Modular Home Property Tax Credit and Special Assessment Property Tax Credit at 100 percent of the state‑estimated funding. The resolution also set the prorated factors required by statute: Agricultural Land Tax Credit at 20.2083255224 percent and Family Farm Tax Credit at 15.07910352 percent.
The resolution cites Iowa Code Section 25B.7 as the statutory basis requiring local governments to extend only the portions of property tax credits estimated to be funded by state appropriation. The measure was adopted by roll call vote with Supervisors Mark Smeby and A.J. Stone and Chairperson Enos Loberg recorded as voting Aye.
The resolution was adopted June 9, 2026, and is effective for the fiscal period beginning July 1, 2026.
