[simage=240,400,y,center]

The percentage of taxable value, or “rollback” on 2009 residential properties increased 1.3% state-wide last week, following new rates from the Iowa Department of Revenue. Marion County Assessor Drew Sanders says the rise to 46.909% means a person with a $100,000 home would pay taxes based on $46,909 of the home’s value. Sanders says the increase is needed to keep pace with a large increase in 2009 assessed values for agricultural properties.