COUNTY NAME: NOTICE OF PUBLIC HEARING -PROPOSED PROPERTY: TAXI LEVY COUNTYNUMBER: JACKSON COUNTY Fiscal Year. July 1, 2025. June 30, 2026 49 The County Board of Supervisors will conduct aj public hearing on the proposed Fiscal Year County tax asking as follows: Meeting Date: 3/25/2025 Meeting Time: 11:30AM Meetingl Location: Boardroom, Courthouse, 201 West Platt Street, Maquoketa, lowa 52060 or Zoom at pA--wpPaN Meeting ID: 779 204 1339 At the public hearing any resident or taxpayer may present objections to, or arguments in favor of the proposed tax levy. After the hearing of the proposed tax levy, thel Board will publish notice and hold a hearing on the proposed county budget. County Website (ifa available) County' Telephone Number boncounyowagey (563) 652-3144 Current Year Certified Budget Year Budget Year Iowa Department of Management Property Tax Effective" Tax Proposed Tax FY 2024/2025 FY: 2025/2026 FY: 2025/2026 Taxable Valuations-General: Services 1,247,058,713 1,286,578,265 1,286,578,265 Requested' Tax Dollars-Countywide Rates Except Debt Service 6,413,585 6,413,585 6,573,553 Taxable ValuationsDebt: Service 1,296,948,261 1,328,512,191 1,328,512,191 Requested" Tax Dollars-Debt: Service 350,241 350,241 358,765 Requested Tax Dollars-C Countywide Rates 6,763,826 6,763,826 6,932,318 Tax Rate-Countywide 5.41302 5.24862 5.37938 Taxable Valuations-Rural Services 810,664,573 835,453,685 835,453,685 Requested" Tax Dollars-Additionall Rurall Levies 2,553,740 2,553,740 2,554,675 Tax Rate-Rural. Additional 3.15018 3.05671 3.05783 Rural' Total 8.56320 8.30533 8.43721 Tax Rate Comparison-C Current VS. Proposed Current Year Budget Year Residential property with an Certified Proposed Tax Percent Actual/Assessed" Valuation ofs100,000511,000 Property Tax FY 2025/2026 Change FY2024/2025 Urban Taxpayer 251 281 11.95 Rural" Taxpayer 397 440 10.83 Tax Rate Comparion-Current VS. Proposed Current Year Commercial property with an Certified Budget Year Percent Proposed Tax Actual/Assessed Valuation of $300,000/5330,000 Property Tax FY 2025/2026 Change FY: 2024/2025 Urban' Taxpayer 1,107 1,254 13.28 Rural Taxpayer 1,751 1,967 12.34 Note: Actual/Assessed Valuation: is multiplied by a Rollback Percentage to get to the Taxable Valuation to calculate] Property, Taxes. Residential and Commercial properties have the same Rollback Percentage at $150,000. Actual/Assessed Valuation. The Proposed Property taxes assume a 10% increase in property values for the year as a comparison to the current year. Reasons fort tax increase if proposed exceeds the current: Costs increased for operating costs for the new jail and for County insurance.