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Supervisors set funding percentages for property tax credits for assessment year 2025
Summary
Pottawattamie County adopted Resolution No. 50-2026 establishing prorated funding percentages for property tax credits and exemptions for fiscal year July 1, 2026–June 30, 2027, including Homestead, Low-income and Elderly/Disabled credits at 100% and specific prorations for Agland and Family Farm credits.
The board adopted Resolution No. 50-2026 to set percentages of funding for several property tax credits and exemptions for assessment year 2025 (fiscal year July 1, 2026–June 30, 2027). The resolution records that the Iowa Department of Revenue and Finance estimated funding percentages: Homestead Credit (including Disabled Veterans’ Homestead Credit) 100%; Low-income 100%; Elderly and Disabled Credit 100%; Agland Credit 20.83255224%; Family Farm Credit 15.07910352%.
The resolution notes that the Homestead Exemption created by HF 718 (2023 legislative session) is not funded by the state, but that state appropriations for the fiscal year were sufficient to fund the listed credits at the estimated percentages. The board recorded a roll-call vote with supervisors Shea, Wichman, Miller, Jorgensen and Jones voting aye.
