Show All Answers
The 2018 fiscal year, Sioux Center's city property tax rates were ranked 482nd highest out of 941 cities in Iowa. Below is a listing of cities in Sioux County and their 2018 tax rates: To view comparisons with other local tax rates, view Area Property Tax Rates
To view comparisons with all Iowa cities, visit Tax Rate Web site, click the City Tax Rates link on the left, and open the file "Consolidated Tax Rate Comparison Between Cities."
If you live in the city limits, the city gets approximately 35% of your property tax payment. The school gets around 48%, the county gets 15% and the community college gets 2%. There are also some businesses located in TIF areas where a portion of the tax bill is split with these percentages and a portion is diverted to a particular project.
If you live outside of city limits, no portion of your property taxes goes to the city.
There are five factors that determine your tax bill. Four of these factors are tax rates set by the school, city, county and community college. The fifth factor is your property valuation. If all four entities did not raise taxes but your property valuation increased, your individual tax bill could still be higher.
The city currently has around $12 million in cash on hand. This is about 35% of annual expenses and is not excessive for a city with municipal gas and electric utilities. Around $2 to 3 million is continually needed for monthly cash flow. Monthly purchase of wholesale natural gas alone have been as high as $900,000 in recent winters.
Sales tax in Sioux Center is 7%, which is normal for communities in Iowa.
That 7% rate is a combination of two rates. The Iowa sales tax rate is 6%. Like many Iowa cities, Sioux Center has a local option sales tax of 1%. Of this 1%, the City of Sioux Center gets approximately half. The remainder is split between the county and other cities in Sioux County.
No. The city collects property tax, local option sales tax and hotel tax.
However, the state does collect an income tax and gas tax.