Iowa Department of Revenue issues 2019 equalization order of 21% to Scott County multi-residential property values (outside the City of Davenport). Now in the fall of 2019, due to the legally required equalization process, the Iowa Department of Revenue is requiring the Scott County Assessor’s Office to again increase the January 1, 2019 assessed values of all multi-residential properties in Scott County (outside the City of Davenport) by an additional 21%. The Iowa Department of Revenue claims this increase in value is necessary to bring the 2019 assessed values of multi-residential properties into compliance and bring these properties to fair market value, based on recent market sales
Posted: October 11, 2019