Commercial & Industrial Replacement Payment (Backfill) Estimate Sheet Released
Date:
Friday, October 2, 2020
The estimation of yearly commercial and industrial replacement payments due to local governments is now available on the Tax History & C/I Replacement Payments page of the Department of Management website. This analysis takes the estimated commercial and industrial backfill payments by tax district calculated by the Iowa Department of Revenue and breaks the payments down by tax levy to be reimbursed for each affected local government. Local governments can use this estimate to plan the amount of replacement that will go into each fund. The analysis sheet shows the estimated amount to each local government from the inception of the replacement payments in FY2014-2015 to the current 2020-2021 fiscal year.
| Program Area | Local Government
|
|---|---|
| State Agency | Management, Department of, Revenue, Department of
|
| Fiscal Year | 2021
|
| Topic(s) | Backfill
|