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Gas & Electric Utility Tax Apportioned by Levy Authority, AY2018/FY2020

Gas & Electric Utility Tax Apportioned by Levy Authority, AY2018/FY2020

This document contains replacement excise taxes owed to local levying authorities in Iowa for FY2020 budgets based on 1/1/2018 taxable valuations. A: Product of consolidated tax rate and taxable gas & electric utility valuation. B: Taxes owed by the utility company prior to any tax credits. C: Any prior year tax credits. D: Net taxes owed by the utility company.