Webster County
Treasurer
How Taxes are Calculated

Webster County Treasurer
701 Central Avenue
Fort Dodge, IA 50501
Tax Dept:515-573-2731
Hours: 8:00-4:30 Mon-Fr
Motor Vehicle Dept: 515-576-4611
Hours: 8:00-4:00 Mon-Fr
Fax: 515-573-2149
Email: treasurer@webstercountyia.org
Hours: 8:00-4:30 Mon-Fri

How to calculate your Estimated Net Tax:

Tax Example with No Credits

 STEP-BY-STEP INSTRUCTIONS: CALCULATION
1) Enter your assessed value $100,000
2) Enter the rollback* x0.455893
3) Multiply line 1 by line 2 (Equals your gross taxable value) $45,589
4) Enter the tax levy for your tax district ** x0.04147061
5) Multiply line 3 by line 4 $1,890
   Equals the Estimated Net Property Tax (rounded to the nearest whole even dollar)

 

Example with Homestead Credit

 STEP-BY-STEP INSTRUCTIONS: CALCULATION
1) Enter your assessed value $100,000
2) Enter the rollback * x0.455893
3) Multiply line 1 by line 2 (Equals your gross taxable value) $45,589
4) Subtract Homestead Credit -$4,850
5) Equals your Net Taxable Value $40,739
6) Enter the tax levy for you tax district ** x0.04147061
7) Multiply line 5 by line 6 $1,689
   Equals the Estimated Net Property Tax (rounded to the nearest whole even dollar)

 

Example with Homestead & Military Credit

 STEP-BY-STEP INSTRUCTIONS: CALCULATION  
1) Enter your assessed value $100,000
2) Enter the rollback * x0.455893
3) Multiply line 1 by line 2 (Equals your gross taxable value) $45,589
4) Subtract Military Credit *** -$1,852
5) Subtract Homestead Credit -$4,850
6) Equals your Net Taxable Value $38,887
7) Enter the tax levy for your tax district ** x0.04147061
8) Multiply line 6 by line 7 $1,612
   Equals the Estimated Net Property Tax (rounded to the nearest whole even dollar)
 

* State Rollback-Residential Class is rounded to the nearest $10.
** Tax levy $41.47061 per thousand dollars of value varies with each taxing district.
*** Military Credit =
          Enter $1,852 for any war or military action after WWI.
          Enter $2,778 if you served in WWI

 

 

Return to Webster County Home Page