Late interest accrues on the first day of each month if a tax payment is not paid before the due date. The interest accrues at the rate of 1.5% per month (rounded to the nearest dollar) with a minimum of one dollar. Late interest is added to the unpaid balance of your property taxes. When the last day of the month is a Saturday, Sunday, or a holiday, the deadline for remitting tax payments without late interest or additional late interest for delinquent installments is extended to include the first business day of the following month. Taxes that remain unpaid could be subject to tax sale. Once the taxes are sold at tax sale, they are paid by another party. A tax lien is then placed on the property and if it is not redeemed within the time specified by Iowa law, the tax sale certificate holder may initiate proceedings to obtain a tax deed on the property.

Iowa law dictates the it is the property owners responsibility to pay taxes by the due date. If you did not recieve a bill, it is your responsibility to contact the treasurer to obtain the bill and make payment by the due date.

On June 25th, Governor Reynolds announced the temporary suspension of penalties and interest for delayed property tax payments until July 25th, 2020.