Tax Abatement
Des Moines County has an industrial tax abatement schedule that provides for a exemption on the value added to a property on a sliding scare.
75% - Year 160% - Year 2
45% - Year 3
30% - Year 4
15% - Year 5
The City of Burlington has two commercial tax abatement schedules, and the property owner can indicate a preference.
100% Abatement Option
100% exemption - 3 Years
10-Year Sliding Scale Option:
80% - Year 1
70% - Year 2
60% - Year 3
20% - Years 9 & 10
