How will I know if I am approved for the Tax Abatement Program?
The Buena Vista County Assessor will provide notification of your approval or denial in the City’s Tax Abatement Plan based on the value added by April 1st annually on your annually Assessment Roll that is delivered by US Mail. If your application was denied because you didn’t add enough value (at least 20%) you will have a special typed section on the Assessment Roll notifying you of that status and why.

In the event the application is denied by the City of Storm Lake due to non-compliance with the criteria in the plan you will receive a written letter explaining why the application was denied from the City’s Building Official.

Show All Answers

1. What is the difference between Urban Revitalization Plan and Tax Abatement?
2. Who determines the amount of value that was added as part of my improvements?
3. Will the City’s Tax Abatement Program lower my assessed value if I don’t make any improvements?
4. How will I know if I am approved for the Tax Abatement Program?
5. Why are properties located within an Urban Renewal Area not eligible for the City’s Tax Abatement Program?
6. Who do I contact to find out if I was approved for the program or not?
7. I forgot to file my paperwork by February 1st of the first assessment year is there anything I can do to still get the abatement?