Economic Development
FOR SINGLE- FAMILY, PARTIAL OR FULL TAX EXEMPTIONS ARE AVAILABLE! DUPLEX, AND MULTI-FAMILY RESIDENTIAL CONSTRUCTION, ADDITIONS, IMPROVEMENTS!
What is Tax Abatement? A Tax Abatement is a temporary reduction in property taxes on the portion of assessed value that is added by new construction, additions, or improvements to an existing structure.
New Residential
NEW RESIDENTIAL
FULL EXEMPTION
5 YEARS - 100%
(ON FIRST $75,000 OF ADDED VALUE)
(includes single-family & duplexes)
MULTI-RESIDENTIAL
FULL EXEMPTION
5 YEARS - 100%
(ON VALUE ADDED)
(3 or more units)
ABANDONED PROPERTY
PARTIAL EXEMPTION
15 YEARS -
80%, 75%, 70%, 65%, 60%,
55%, 50%, 45%, 40%, 35%,
30%, 25%, 20%, 20%, 20%
(ON VALUE ADDED)
FULL EXEMPTION
5 YEARS - 100%
(ONVALUE ADDED)
Blight Area
New construction, improvements, remodeling, or additions in the City's designated Blight Area qualify for a
FULL EXEMPTION
10 YEARS - 100%
(OF ADDED VALUE)
(see map identifying Blight Area)
Commercial
PARTIAL EXEMPTION
10 YEARS -
80%, 70%, 60%, 50%, 40%,
30%, 20%, 20%
(ON ADDED VALUE)
FULL EXEMPTION
3 YEARS - 100%
(ON ADDED VALUE)
Industrial
PARTIAL EXEMPTION
10 YEARS -
80%, 70%, 60%, 50%, 40%,
30%, 20%, 20%
(ON ADDED VALUE)
FULL EXEMPTION
Not available
Requirements
- One tax abatement per property.
- Must be located within West Burlington city limits.
- Apply for Tax Abatement prior to or concurrently with the building permit.
- The property owner must apply.
- Improvements must increase residential property value by at least 10% and Commercial property by at least 15%.
- Improvements must comply with City Codes
- The County Assessor will determine the actual increase in value.
To see if your next project qualifies for a Tax Abatement contact West Burlington City Hall.
City Administrator Gregg Mandsager
Phone: 1 (319) 752-5451
Email