The fair market value of real property determined by a city or county assessors. Aso known as assessed values and assessed valuations.
What are taxable property values?
The value of real property upon which taxes are levied. The taxable property values are assessed property values that have been adjusted to ensure that property values are comparable among jurisdictions and complies with Iowa code, and have been rolled back in response to inflation, as specified in the assessment limitation formula. Also known as taxable values and taxable valuations.
When are property valuations due?
Property valuations must be submitted by January 1 for the prior assessment year.