2015 annual report - Polk County Assessor

OFFICE OF
POLK COUNTY
ASSESSOR
2015 ANNUAL REPORT
www.assess.co.polk.ia.us
POLK COUNTY PARCEL COUNT AND ACRE
TOTALS EXCLUDING ROADS AND RAILROADS
JURISDICTION PARCELS
Alleman
214
Allen Twp
249
Altoona
5,939
Ankeny
20,998
575
Beaver Twp
Bloomfield Twp
6
Bondurant
1,961
Camp Twp
1,150
Carlisle
92
Clay Twp
566
ACRES
1,503
2,920
4,465
13,036
13,026
26
4,729
19,424
1,897
6,883
JURISDICTION
Clive
Crocker Twp
Delaware
Des Moines
Douglas Twp
Elkhart
Elkhart Twp
Four Mile Twp
Franklin Twp
Granger
PARCELS
3,818
1,625
1,850
74,626
710
304
675
1,068
868
109
ACRES
2,051
8,023
5,780
31,106
17,967
935
20,898
5,638
14,759
82
JURISDICTION
Grimes
Jefferson Twp
Johnston
Lincoln Twp
Madison Twp
Mitchellville
Norwalk
Pleasant Hill
Polk City
Runnells
PARCELS
4,899
987
7,425
466
138
716
1
3,403
1,793
223
ACRES
5,389
9,236
10,408
20,319
4,119
1,106
6
4,924
1,929
210
JURISDICTION PARCELS
Saylor Twp
3,079
Sheldahl
92
Union Twp
281
Urbandale
12,305
486
Washington Twp
Webster Twp
366
West Des Moines 15,121
Windsor Heights
2,102
TOTAL
171,286
ACRES
6,286
149
9,027
6,649
19,266
537
10,475
662
279,172
TABLE OF CONTENTS
Message from the Assessor . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2
Our Mission and Our Values . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Polk County Conference Board . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Staff of County Assessor’s Office, Members of Board
of Review and Board of Examiners . . . . . . . . . . . . . . . . . . . . . . . 6
Abstract of 2015 Assessments . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Assessment Roll by Property Classification . . . . . . . . . . . . . . . . . 8
Total Valuation by Class and Taxable Valuation by Class . . . . . . . . .9
Property Tax Shift . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
History of Assessment Rolls . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Summary of Valuation by Jurisdiction . . . . . . . . . . . . . . . . . . . . 12
Summary of Parcel Counts by Class and Jurisdiction . . . . . . . . . 13
Property Tax Timeline . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Exempt Property as of July 1, 2015 . . . . . . . . . . . . . . . . . . . . . 15
Actions by 2015 Board of Review . . . . . . . . . . . . . . . . . . . . . . . 16
History of Assessment Protests . . . . . . . . . . . . . . . . . . . . . . . . . 17
History of Assessment Appeals . . . . . . . . . . . . . . . . . . . . . . . . . 18
Residential Property Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Residential Property Sales Statistics by City . . . . . . . . . . . . . . . 20
POLK COUNTY TAX DISTRICTS
2015 ANNUAL REPORT
2
2015 ANNUAL REPORT
OFFICE OF POLK COUNTY ASSESSOR
3
MESSAGE FROM THE ASSESSOR
Polk County Conference Board:
On behalf of the dedicated women and men of the
Polk County Assessor’s Office, I am proud to present
this year’s Annual Report.
(apartments, mobile home parks, manufactured home
communities, land-leased communities and assistedliving facilities). For the next seven years, these
properties will see their taxable valuations gradually
reduced by the rollback, and in year 2022, they will
Last year I reported the real estate market rebounded
have the same rollback as residential property. We have
in 2014 and was showing signs of a strong recovery.
1,192 parcels with a total assessed valuation of
Because of that, our assessment-to-market value levels
approximately $1 billion in this category.
for the various classifications of property fell below the
standards required by Iowa law. In order to avoid an
equalization order from the Director of Revenue, our
office took corrective action by increasing assessments
for 2015, bringing our assessment levels into
compliance. In doing so, the Polk County assessment
roll reached a new milestone in 2015, exceeding
34.4 billion. This represents a 7.1% increase over the
$
2014 assessment roll, with 4.6% due to revaluation
and 2.5% due to new construction. This is the largest
increase since 2007.
Another major change implemented for 2015 allows
some properties to have dual classification. Any
property that has two uses, where the primary use is
either commercial or industrial and the other use is
human habitation, now has two classifications — either
commercial or industrial, along with multiresidential.
showing signs of a strong recovery. Because of that, our assessment-to-
Property taxes will be calculated on the valuations
market value levels for the various classifications of property fell below the
allotted to each of the two classifications and using
different rollback percentages that apply to each
classification for 2015.
fall under the new multiresidential classification
standards required by Iowa law.
classification. There were 198 parcels that had dual
how taxes on a residential property in Des Moines
assessment after April 1 by entering into a signed
As noted in past annual reports, residential property
would have increased substantially the last seven years
written agreement with the property owner. This is in
owners continue to take on more and more of the tax
(29.2%) while those on a commercial property in Des
addition to the current authority the Assessor has to file
burden. The charts on page 10 show an example of
Moines would have decreased (–7.8%). Expect this
a recommendation for a change to the Board of Review.
A major change implemented for 2015 involved
identifying and reclassifying those properties that
Last year I reported the real estate market rebounded in 2014 and was
trend to continue for many years into the future.
In closing, it is important to note this office employs a
The number of protests spiked upward with the
talented and dedicated group of people that treats all
increase in valuations. There were 5,961 protests filed,
property owners and taxpayers with the highest degree
for 2015 involved identifying
which is the largest since 2009. Of the protests filed,
of courtesy and professionalism, and continually strives
and reclassifying those properties
approximately 50% were upheld and 50% were
to assess every property in a fair and equitable manner.
denied. There were 358 appeals of the Board of
I am grateful for the opportunity to work with them.
A major change implemented
that fall under the new
Review’s decisions, with 336 appeals to the Property
multiresidential classification
Assessment Appeal Board and 22 appeals to the Polk
County District Court.
(apartments, mobile home parks,
House File 616 changed many of the dates in the
It’s a privilege and honor to serve Polk County as your
Assessor. Please don’t hesitate to contact me if you
have any questions or concerns, or would like
additional information.
manufactured home communities,
assessment cycle. Going forward, the protest filing
land-leased communities and
period is from April 2 to April 30. Informal appeals with
assisted-living facilities).
April 25. If the protestant and Assessor come to an
Randy Ripperger
agreement, the Assessor is authorized to change the
Polk County Assessor
Sincerely,
the Assessor are now to be requested from April 2 to
4
2015 ANNUAL REPORT
OUR MISSION
• Appraise all property for tax purposes fairly and
equitably by Iowa law.
• Provide the public with information and service
in a complete and courteous manner.
Courtesy: Picture Des Moines
• Encourage and assist employees in professional
growth to help meet organizational objectives and
increase individual creativity and confidence in
pursuit of personal goals.
• Operate the office in such a manner that methods
and procedures are open to scrutiny and understood
by the public.
• Use resources efficiently and effectively.
• Be a leader in the field of assessment administration
in developing, analyzing, and sharing data with public
and private interests.
OUR VALUES
OFFICE OF POLK COUNTY ASSESSOR
5
POLK COUNTY CONFERENCE BOARD 2015
BOARD OF
SUPERVISORS
BOARD OF
EDUCATION
Robert Brownell
Angela Connolly
Tom Hockensmith
John Mauro
Todd Shafer, Ankeny
Chris Freese, Bondurant-Farrar
Jenny Foster, Carlisle
Scott Brown, Dallas C.-Grimes
Scott Cirksena, Clive
Frank Cownie, Des Moines
Brandon Snyder, Elkhart
Cathy Fuson, Granger
Thomas Armstrong, Grimes
Paula Dierenfeld, Johnston
Jon Woods, Mitchellville
Tom Phillips, Norwalk
Sara Kurovski, Pleasant Hill
Jason Morse, Polk City
Gerald Lane, Runnells
Don Towers, Sheldahl
Bob Andeweg, Urbandale
Steven Gaer, West Des Moines
Diana Willits, Windsor Heights
Steven Van Oort
Connie Boesen, Des Moines
Greg Dockum, Johnston
Brett Bruggeman, North Polk
Brian Bowman, Saydel
Lori Slings, S.E. Polk
Graham Giles, Urbandale
Dr. Vicky Poole, West Des Moines
Derek Petry, Woodward-Granger
BOARD OF REVIEW
COUNTY ASSESSOR
EXAMINING BOARD
MAYORS
Carmella Jones, Alleman
J.M. Skip Conkling, Altoona
Gary Lorenz, Ankeny
Curt Sullivan, Bondurant
Ruth Randleman, Carlisle
• Providing the best possible service to our constituents
• Organizational transparency
• Integrity
• Honesty
• Accountability
• 10 Member Board
• Commitment to excellence
• Conference Board
Appointment (six years)
• Maintaining the public trust
• Fairness
• Conference Board
Appointment
• Three Member Board
• Each Conference Board
Unit Appoints One
2015 ANNUAL REPORT
6
OFFICE OF POLK COUNTY ASSESSOR
STAFF OF POLK COUNTY ASSESSOR’S OFFICE
MEMBERS OF BOARD OF REVIEW AND BOARD OF EXAMINERS
7
ABSTRACT OF 2015 POLK COUNTY ASSESSMENTS
As of July 1, 2015
Des Moines, Iowa — 2015
REAL PROPERTY
ADMINISTRATION
Randy Ripperger, CAE, ICA
County Assessor
Includes over 171,000 Parcels of Taxable Property
Rodney Hervey, ICA
Chief Deputy
Tammy Berenguel, Support Supervisor
Rhonda Duncan, Supervisor Real Estate Department
Paul Humble, ICA, RES, AAS, Residential Deputy Assessor
Ruth Larsen, Database Administrator
Kelly Low, Accounting Manager
Mark Patterson, CAE, CCIM, ICA, Commercial Deputy Assessor
Amy Rasmussen, ICA, RES, AAS, Director of Litigation
Michelle Richards, ICA, Residential Deputy Assessor
Bryon Tack, MAI, CAE, ICA, Director/Commercial Deputy Assessor
James Willett, ICA, RES, Director/Residential Deputy Assessor
APPRAISERS
John Catron, Residential Appraiser II
Michael Caulfield, ICA, Commercial Appraiser III
Rich Colgrove, Residential Appraiser III
Cary Halfpop, ICA, Commercial Appraiser III
Patrick Harmeyer, ICA, Commercial Appraiser II
Michelle Henderson, Residential Appraiser II
Paul O’Connell, Residential Appraiser I
Bob Powers, ICA, Commercial Appraiser II
100% VALUE
TOWNSHIPS
Agricultural Lands
246,187,910
Residential (includes residences on ag property)
1,977,945,160
$
Commercial Properties
58,827,360
$
22,506,287,630
$
406,833,260
$
7,629,524,320
13,694,460
$
$
Multiresidential Properties
$
Industrial Properties
$
TOTAL TAXABLE REAL ESTATE*
CITIES
$
1,044,947,960
98,328,500
2,742,989,290
$
487,322,290
$
31,726,909,560
$
34,469,898,850
$
MONEY & CREDITS (100%)
Credit Unions (5 mills)
3,287,126
$
36,342,062
$
* The value does not include utility property assessed by the Department of Revenue.
Regina Russell, Residential Appraiser II
Victor Scaglione, Residential Appraiser I
Cathy Stevens, ICA, RES, Residential Appraiser III
Keith Taylor, MPA, RES, ICA, Residential Appraiser III
Brett Tierney, Residential Appraiser I
Joe Tursi, Appraiser I
Patrick Zaimes, ICA, Agricultural Appraiser
Any property that has two uses where
the primary use is either commercial
or industrial, and the other use is
human habitation, now has two
OFFICE PERSONNEL
Caroyle Andrews, Comm. Support Specialist
Susie Bauer, Permits Coordinator
Vincent DeAngelis, Tax Information Specialist
Kim Heffernan, Support Specialist
classifications — either commercial or
Kelsi Jurik, Mapping Specialist
Jill Mauro, Computer Support Specialist
Jennifer Sanford, Credits Administrator
Julie Van Deest, Exemptions Coordinator
industrial, along with multiresidential.
Property taxes will be calculated
on the valuations allotted to each
BOARD OF REVIEW
Lora Jorgensen
Donna Koester
John Lundstrom
Ruth O’Brien-German
Everett Sather
Charles Speas
John Tiefenthaler
Leslie Turner
Lee Viggers
Max Wright
BOARD OF EXAMINERS
of the two classifications and using
Art Hedberg
Ned Miller
Frank Smith
different rollback percentages that
apply to each classification. There
were 198 parcels that had dual
classification for 2015.
Courtesy: Picture Des Moines
2015 ANNUAL REPORT
8
OFFICE OF POLK COUNTY ASSESSOR
TOTAL VALUATION BY CLASS
ASSESSMENT ROLL BY PROPERTY CLASSIFICATION
Polk County has more than 171,000 taxable parcels, with nine out of 10 of them being residential properties.
These residential parcels comprise 71% of the total assessed value in Polk County. In 2015, the county added
1,706 residential parcels and had a net total gain of 1,840. Overall, the number of parcels increased just over
1% and value increased a little over 7%.
As noted on pages 7–8, the 2015 total assessed valuation for Polk County is $34,469,898,850.
The chart below shows the distribution of this valuation by class of property.
MULTIPLE RESIDENTIAL
$1,058,642,420
3%
PARCEL COUNT
Property Classification
2015
% of Total
2014
Difference
% Change
9
INDUSTRIAL
$585,650,790
2%
AGRICULTURE
$305,015,270
1%
RESIDENTIAL
24,484,232,790
71%
COMMERCIAL
8,036,357,580
23%
$
Residential
154,607
90.3%
152,901
Commercial*
9,097
5.3%
10,179
Multiresidential*
1,192
0.7%
N/A
629
0.4%
638
5,761
3.4%
171,286
100.0%
Industrial
Agricultural
TOTAL
1,706
1.12%
-1,082
N/A
-10.63%
5,728
33
-1.41%
0.58%
169,446
1,840
1.09%
-9
$
N/A
ASSESSMENT ROLL VALUE
Property Classification
Residential
2015
% of Total
24,484,232,790
71.0%
8,036,357,580
23.3%
1,058,642,420
3.1%
585,650,790
1.7%
$
305,015,270
0.9%
$
34,469,898,850
100.0%
$
Commercial*
$
Multiresidential*
$
Industrial
$
Agricultural
$
TOTAL
$
2014
22,962,337,300
$
8,373,207,200
$
N/A
Difference
% Change
1,521,895,490
6.63%
$
- 336,849,620
N/A
-4.02%
56,185,180
10.61%
$
529,465,610
$
315,183,550
32,180,193,660
$
- 10,168,280
$
2,289,705,190
$
TAXABLE VALUATION AFTER ROLLBACK BY CLASS
N/A
-3.23%
7.12%
The rollback affects how the property tax burden is distributed among the various classes. As shown below, residential
properties currently account for 61% of the tax base. Six years ago residential properties accounted for 53% of the
tax base. The shifting of the tax burden to residential property owners should continue for many years into the future.
MULTIPLE RESIDENTIAL
$913,079,087
4%
* Multiresidential is new for 2015, included with Commercial for 2014.
In 2015, the county added
COMMERCIAL
7,232,721,822
32%
$
1,706 residential parcels
and had a net total gain of
1,840. Overall, the number of
parcels increased just over
1% and value increased a
little over 7%.
*Includes TIF Valuation
INDUSTRIAL
527,085,711
2%
$
AGRICULTURE
$140,632,781
1%
RESIDENTIAL
13,619,574,848
61%
$
2015 ANNUAL REPORT
10
OFFICE OF POLK COUNTY ASSESSOR
PROPERTY TAX SHIFT
RESIDENTIAL TAX VS. COMMERCIAL TAX
VALUATION YEARS 2007–2014
HISTORY OF ASSESSMENT ROLLS
$
40
$
35
$
30
$
25
$
20
$
15
$
10
VALUE IN BILLIONS
RESIDENTIAL — $200,000 ASSESSED VALUE — DES MOINES
5,500
AMOUNT OF TAX
5,250
5,000
4,750
4,500
4,250
4,000
$
5
$
0
3,500
4,113
$
3,000
2007
$
4,123
2008
$
4,248
2009
$
4,463
$
2010
4,722
2011
$
4,954
2012
$
5,121
2013
11
$
2000
5,314
2001
2002
2003
2004
2005
2006
2007 2008
YEAR
2009
2010
2011
2012
2013
2014
2015
2014
RESIDENTIAL TAX 2007–2014 +29.2% or +4.2% per year
YEAR
YEAR
2000
$
2001
$
2002
$
2003
$
2004
$
2005
$
2006
$
8,500
2007
$
8,250
2008
$
2009
$
2010
$
2011
$
2012
$
2013
$
2014
$
2015
$
COMMERCIAL — 200,000 ASSESSED VALUE — DES MOINES
$
9,500
AMOUNT OF TAX
TOTAL ASSESSMENT VALUE
9,250
9,000
8,750
9,307
$
8,000
2007
$
9,045
2008
$
9,056
2009
$
9,196
$
2010
9,304
2011
$
9,379
2012
$
8,943
2013
YEAR
COMMERCIAL TAX 2007–2014 –7.8% or –1.1% per year
• Assumes assessed value of 200,000 each year
• Does not include the residential homestead credit (2014 = $231)
• Does not include the commercial business property tax credit (new for 2014 = $3,004)
$
$
8,581
2014
DOLLAR CHANGE
PERCENT CHANGE
2,259,336,700
14.8%
2,094,297,270
12.0%
690,559,010
3.5%
2,479,884,620
12.2%
794,204,035
3.5%
2,707,048,925
11.5%
1,086,302,590
4.1%
2,542,441,220
9.3%
865,044,200
2.9%
791,745,200
2.6%
463,128,490
1.5%
–$912,698,630
–2.9%
264,477,140
0.9%
170,051,640
0.5%
668,788,130
2.1%
2,289,705,190
7.1%
17,474,919,820
$
19,569,217,090
$
20,259,776,100
22,739,660,720
$
$
23,533,864,755
$
26,240,913,680
$
27,327,216,270
$
29,869,657,490
$
30,734,701,690
$
31,526,446,890
$
31,989,575,380
$
31,076,876,750
31,341,353,890
$
31,511,405,530
$
32,180,193,660
$
34,469,898,850
$
2015 ANNUAL REPORT
12
SUMMARY OF VALUATION BY JURISDICTION
TOWNSHIPS
2014
2015
Allen Township
$
$
Beaver Township
$
$
19,696,650
19,104,830
88,746,260
91,635,270
OFFICE OF POLK COUNTY ASSESSOR
SUMMARY OF PARCEL COUNTS BY CLASS AND JURISDICTION
-3.0%
PERCENT OF CURRENT ROLL
TOWNSHIPS
RESIDENTIAL
0.1%
Allen Township
3.3%
0.3%
Beaver Township
% CHANGE
13
AGRICULTURAL
COMMERCIAL
INDUSTRIAL
MULTIRESIDENTIAL
TOTAL
174
70
276
291
5
0
0
249
8
0
0
575
4
2
0
0
0
6
1,389,000
24.5%
0.0%
Bloomfield Township
$
160,570,260
5.1%
0.5%
Camp Township
546
594
8
1
1
1,150
92,933,890
$
8.5%
0.3%
Clay Township
354
204
6
2
0
566
Crocker Township
$
356,346,950
$
5.3%
1.1%
Crocker Township
1,504
105
16
0
0
1,625
Delaware Township
$
$
2.6%
0.7%
Delaware Township
1,619
158
63
4
6
1,850
Douglas Township
$
$
2.6%
0.4%
Douglas Township
352
351
6
0
1
710
99,692,680
–0.1%
0.3%
Elkhart Township
243
426
6
0
0
675
169,474,480
$
Bloomfield Township
$
1,115,620
$
Camp Township
152,827,990
$
Clay Township
100,867,970
375,393,040
218,975,500
224,567,650
123,982,460
127,242,190
$
Elkhart Township
$
99,772,420
Four mile Township
$
$
–2.4%
0.5%
Franklin Township
$
$
3.1%
0.4%
Jefferson Township
$
6.4%
0.7%
173,700,210
138,641,290
143,004,230
$
227,538,710
242,001,310
Four mile Township
881
179
8
0
0
1,068
Franklin Township
488
378
2
0
0
868
Jefferson Township
793
187
7
0
0
987
Lincoln Township
86
375
5
0
0
466
Madison Township
46
89
3
0
0
138
Saylor Township
2,322
75
621
47
14
3,079
Union Township
80
201
0
0
0
281
Washington Township
112
373
1
0
0
486
Webster Township
347
4
14
0
1
366
Lincoln Township
$
$
–2.2%
0.2%
Madison Township
$
$
23,223,520
6.1%
0.1%
746,838,170
10.2%
2.2%
38,416,290
–2.3%
0.1%
$
55,650,300
–1.6%
0.2%
61,356,650
8.4%
0.2%
% CHANGE
PERCENT OF CURRENT ROLL
34,361,400
4.0%
0.1%
CITIES
RESIDENTIAL
AGRICULTURAL
COMMERCIAL
INDUSTRIAL
MULTIRESIDENTIAL
TOTAL
1,453,147,690
63,987,610
62,561,450
21,886,320
$
Saylor Township
$
677,906,400
Union Township
$
Washington Township
$
Webster Township
$
$
39,322,410
56,530,650
$
56,595,150
CITIES
2014
2015
$
Alleman
$
33,052,220
Altoona
$
$
14.8%
4.2%
Alleman
165
27
22
0
0
214
Ankeny
$
$
11.6%
13.4%
Altoona
5,532
104
263
12
28
5,939
11.6%
0.9%
Ankeny
19,894
299
720
31
54
20,998
Bondurant
1,754
108
91
3
5
1,961
28
61
2
1
0
92
Clive
3,466
1
323
9
19
3,818
Des Moines
68,637
354
4,343
418
874
74,626
Elkhart
247
26
28
1
2
304
Granger
106
3
0
0
0
109
Grimes
4,342
185
341
13
18
4,899
Johnston
6,987
117
304
9
8
7,425
628
28
40
4
16
716
1,265,625,460
4,139,837,250
$
Bondurant
$
284,404,950
317,524,040
$
Carlisle
$
17,548,340
17,897,740
2.0%
0.1%
1,403,504,720
4.8%
4.1%
11,494,545,860
4.8%
33.3%
$
Clive
Des Moines
4,621,090,440
$
1,339,094,250
$
10,972,698,230
$
Carlisle
Elkhart
$
$
8.5%
0.1%
Granger
$
$
22,385,920
8.2%
0.1%
953,205,220
15.3%
2.8%
2,161,113,230
8.3%
6.3%
3.8%
0.2%
5,150
–4.3%
0.0%
Norwalk
0
1
0
0
0
1
683,511,720
5.0%
2.0%
Pleasant Hill
3,119
108
153
13
10
3,403
11.8%
1.0%
Polk City
1,696
30
62
0
5
1,793
0.1%
0.1%
Runnells
196
7
19
0
1
223
7,471,140
1.0%
0.0%
Sheldahl
73
15
4
0
0
92
3,317,222,760
5.1%
9.6%
Urbandale
11,466
100
682
18
39
12,305
8.0%
12.7%
West Des Moines
14,036
125
838
43
79
15,121
392,546,170
3.5%
1.1%
Windsor Heights
2,008
0
83
0
11
2,102
34,469,898,850
7.1%
100.0%
POLK COUNTY
154,607
5,761
9,097
629
1,192
171,286
30,041,530
32,584,370
20,694,090
$
Grimes
$
826,474,250
$
Johnston
$
1,995,164,770
$
Mitchellville
$
75,282,510
78,117,390
$
Norwalk
$
5,380
Pleasant Hill
$
$
Polk City
$
$
651,212,450
304,333,510
340,224,000
$
Runnells
$
21,982,840
21,998,820
$
Sheldahl
$
7,399,550
Urbandale
$
$
West Des Moines
$
$
3,156,319,860
4,049,331,760
Windsor Heights
TOTAL VALUE
4,374,451,780
$
$
379,183,970
$
32,180,193,660
$
Mitchellville
2015 ANNUAL REPORT
14
OFFICE OF POLK COUNTY ASSESSOR
15
EXEMPT PROPERTY AS OF JULY 1, 2015
PROPERTY TAX TIMELINE
POLK COUNTY
The following table outlines the
property assessment cycle.
IOWA PROPERTY TAX ASSESSMENT CYCLE
The assessment cycle is a lengthy one. The cycle
required each time property is assessed is outlined below.
Step
Date
Jan. 1
Appraisal date for assessments.
2
Feb. 1
Applications for exemptions due.
3
March 15
Deadline to apply for the commercial property tax credit
(deadline is July 1 beginning in 2016).
5
April 1
April 2-25
Churches & Church Headquarters
596,884,910
$
Parsonages
15,792,080
$
Recreational Property, Church Camps, etc.
151,212,760
$
Literary Societies
1
4
Religious Institutions
Assessors complete assessments and notify taxpayers.
Property owners can request an informal hearing with the Assessor. Property owner
and Assessor can enter into a written agreement to change the assessment.
Community Playhouse
17,536,180
$
Low-rent Housing
Dwellings & Apartments
55,836,790
$
Veterans Organizations
2,205,280
$
Charitable & Benevolent Societies
Taxpayers may appeal assessments to local boards of review.
Hospitals
7
April 2-30
May 1–31
Board of Review in session to consider appeals. This time may be extended to July 15.
Fraternal Organizations
$
8
June 15
Board of Review report due to the Director of Revenue.
Agricultural Societies
$
9
July 1
Abstract of the assessment is due to the Director of Revenue. Application deadline for
homestead credit, disabled veteran tax credit, and military exemption.
10
Aug. 15
The Director issues tentative equalization notices to county auditors in
odd-numbered years.
Educational Institutions & Church Schools
Pollution Control (Industrial M & E and Bldgs.)
6
Others (YMCA, YWCA, etc.)
$
The Director holds equalization hearings, which are held for public input.
12
Oct. 1
The Director issues final equalization orders to county auditors.
13
Oct. 1–10
Assessing jurisdictions may apply for alternative methods of implementing
equalization orders.
14
Oct. 8
The county auditor publishes notices of the final equalization order. If valuation is
increased by an equalization order, notification by mail by Oct. 8 is required.
Natural Conservation
Native Prairie And Wetlands
Taxpayers may protest the final equalization order to local boards of review.
16
Oct. 10–Nov. 15
Local boards of review meet to hear equalization protests.
17
Nov. 1
The Director certifies assessment limitation percentages to county auditors.
18
Nov. 15
Local boards of review submit a report about the equalization protests to the Department.
19
Dec. 1–Feb. 28
The taxing authorities adopt the budgets based on the valuations.
20
March 1
The county board of supervisors levies the taxes.
21
July 1
The county treasurer receives authorization to collect taxes.
22
Sept. 30
First half of taxes due.
23
March 31
Second half of taxes due.
Source: Iowa Department of Revenue
11,110,130
$
Aug. 25–Sept. 30
Oct.9–31
14,702,470
Retirement & Nursing Homes
11
15
470,865,250
$
100,857,800
346,371,310
396,433,980
$
7,523,910
$
Urban Revitalization Tax Exemption
591,871,010
$
Industrial Partial Exemption
67,188,790
$
2,495,450
$
Forest & Fruit Tree Preservation (6,759.08 acres)
26,694,470
$
190,990
$
Jobs/Income
77,419,770
$
Impoundments
21,040
$
Manufactured Home/Storm Shelters
$
Geothermal Systems
$
TOTAL EXEMPT PROPERTY
350,800
619,640
$
2,954,184,810
2015 ANNUAL REPORT
16
OFFICE OF POLK COUNTY ASSESSOR
17
HISTORY OF ASSESSMENT PROTESTS
ACTIONS BY 2015 BOARD OF REVIEW
NUMBER OF DAYS IN SESSION: 25
10,000
Number of protests filed for each class of property and the number of protests upheld and denied for each class.
A protest is considered upheld if even a partial reduction in the assessment was made.
NUMBER OF PROTESTS
NUMBER UPHELD
NUMBER DENIED
Agricultural
20
9
11
Residential Dwelling on Agricultural Realty
13
6
7
296
142
154
Residential “within incorporated cities”
4,393
2,162
2,231
Commercial
1,017
539
478
45
32
13
177
100
77
5,961
2,990
2,971
Residential “outside incorporated cities”
Industrial
Multiresidential
Total
ASSESSMENT PROTESTS FILED
CLASS
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
Number of assessments raised or lowered by the Board of Review acting upon its own initiative.
0
CLASS
NUMBER OF INCREASES
NUMBER DECREASES
2000
2001
2002
2003
2004
2005
Agricultural
0
1
Residential Dwelling on Agricultural Realty
0
1
Residential “outside incorporated cities”
4
1
103
56
Commercial
2
13
Industrial
1
1
2000
406
Multiresidential
5
3
2001
7,975
115
76
2002
909
2003
9,716
2004
596
2005
8,899
2006
904
2007
7,200
Residential “within incorporated cities”
Total
The total amount of assessed valuation by which the original 2015 valuations were increased or
decreased for each class of property.
CLASS
NET INCREASE OR DECREASE
Assessment Year
Protests Filed
Residential Dwelling on Agricultural Realty
–204,100
2008
1,054
–2,612,500
2009
7,573
–39,850,540
2010
1,729
–129,228,900
2011
5,278
Industrial
–11,013,500
2012
1,905
Multiresidential
–10,864,100
2013
3,519
2014
946
2015
5,961
Commercial
Total
–194,499,220
2008
2009
2010
2011
2012
2013
2014
2015
Property owners have the right to protest their
ASSESSMENT PROTESTS
–725,580
Residential “within incorporated cities”
2007
YEAR
Agricultural
Residential “outside incorporated cities”
2006
property’s valuation to the Board of Review.
The Board of Review is an independent board
composed of 10 private citizens appointed by
the Conference Board.
The Board of Review considers all evidence
presented by the property owner and the
Assessor’s office at a hearing and then issues a
decision on the value of the property in question.
2015 ANNUAL REPORT
18
OFFICE OF POLK COUNTY ASSESSOR
HISTORY OF ASSESSMENT APPEALS
RESIDENTIAL PROPERTY SALES
DISTRICT COURT VS. PROPERTY ASSESSMENT APPEAL BOARD
RESIDENTIAL SALES BY YEAR
600
PAAB
550
DISTRICT
COURT
8,000
7,000
500
6,000
450
NUMBER OF SALES
ASSESSMENT APPEALS FILED
19
400
350
300
250
200
5,000
4,000
3,000
150
2,000
100
50
1,000
0
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
0
2002
YEAR
If a property owner is not satisfied with the
Year
District Court
2000
26
26
2001
149
149
2002
PAAB
40
TOTAL
40
2003
454
454
2004
75
75
2005
253
253
2006
93
93
2007
116
275
391
2008
10
62
72
2009
43
540
583
2010
7
140
147
2011
37
426
463
2012
3
124
127
2013
42
183
225
2014
2
54
56
2015
22
336
358
2004
2005
2006
2007
2008 2009
YEAR
2010
2011
2012
2013
2014
2015
MEDIAN SALE PRICE OF SINGLE FAMILY HOMES
Board of Review’s decision, the owner has a
170,000
$
right to appeal the decision either to the
District Court of Polk County or to the Iowa
165,000
$
Property Assessment Appeal Board (PAAB).
160,000
$
The PAAB came into existence in 2007 and
has since taken on the majority of the
appeal workload.
MEDIAN SALE PRICE
APPEALS FILED
2003
155,000
$
150,000
$
145,000
$
140,000
$
135,000
$
130,000
$
125,000
$
120,000
$
2002
2003
2004
2005
2006
2007
2008 2009
SALE YEAR
2010
2011
2012
2013
2014
2015
INSIDE BACK COVER
20
2015 ANNUAL REPORT
RESIDENTIAL PROPERTY SALES STATISTICS BY CITY
2015 MEDIAN SALES RATIO BY CITY
101%
100%
MEDIAN SALES RATIO
99%
98%
97%
96%
95%
94%
93%
92%
91%
90%
Windsor Heights
Urbandale
Sheldahl
Runnells
West Des Moines
CITY
Polk City
Pleasant Hill
Mitchellville
Johnston
Grimes
Granger
Elkhart
Des Moines
Clive
Carlisle
Bondurant
Ankeny
Altoona
88%
Alleman
89%
2015 MEDIAN SALES RATIO BY CITY
Jurisdiction
Alleman
Altoona
Ankeny
Bondurant
Carlisle
Clive
Des Moines
Elkhart
Granger
Grimes
Johnston
Mitchellville
Pleasant Hill
Polk City
Runnells
Sheldahl
Urbandale
West Des Moines
Windsor Heights
Number Of Sales
4
336
1,359
83
1
146
2,864
12
7
268
324
18
150
60
12
3
580
697
105
Median Sales Ratio
99.97
95.63
94.45
92.96
91.99
94.50
96.23
88.58
91.76
94.26
94.55
100.16
95.08
91.16
93.59
93.67
93.89
94.01
93.51
BLANK
OFFICE OF
POLK COUNTY
ASSESSOR
Randy Ripperger | Polk County Assessor
111 Court Avenue #195
Des Moines, IA 50309-0904
(515) 286-3014 OFFICE | (515) 286-3386
[email protected]
www.assess.co.polk.ia.us
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