Finance / Budget Information

Maximum Property Tax Dollars

House File 718 created a new requirement for Cities and Counties. One was to notify citizens of the proposed property tax levy that were being considered by all entities. Counties will be sending out a new statement to each property owner showing what the levies would look like with a $100,000 property. After the mailing the City is required to hold a public hearing on the proposed property tax levy.

FY25 Proposed Property Tax Levy

Senate File 634 requires Cities to pass a resolution establishing their maximum property tax dollars to certify for levy, post notification, and hold a public hearing and vote. The legislation specified certain levies (not all) to be listed in property tax dollars compared to the previous year.

FY24 Revised Maximum Property Tax Notice after Senate File 181

FY24 Maximum Property Tax Notice

FY23 Maximum Property Tax Notice

FY22 Maximum Property Tax Notice

FY21 Maximum Property Tax Notice

• Iowa Department of Management – Local Budget Page – This link takes you to the Iowa Department of Management’s website for local government. On the left side of the page, you can access the state’s current and previous years’ City Budgets. There, you can find all the pages of the current City of Nevada Budget. You can also search city valuations and tax rates for the entire state.
• Iowa Department of Revenue and Finance—Local Option Sales Tax Information—From this website, you can click on “Local Option” under the History of Distribution Payments to download an Excel spreadsheet of Local Option Sales Tax for all taxing entities in Iowa.
• Iowa Auditor’s Office—This website provides current financial audits for the City of Nevada and all other governmental agencies.