City of Murray Tax Abatment Application

 

                                                           Residential & Commercial 

Years of schedule                              % of New Taxes Abated

            1                                                                80%

            2                                                                80%

            3                                                                60%

            4                                                                40%

            5                                                                20%

 

Tax abatements can be used for:

New Construction 

Additions to Extisting Structure(s)

Replacement of Existing Struture(s)

Rehabilitation of Existing Structure(s)

 

There is no fee to process a tax abatement application.

The City Council must approve the tax abatement. The application is then sent to be approved by the County Assessor and must be approved before it can take affect. 

 

Visit

420 Maple Street

Murray Iowa, 50174

 

City Hall

T: 641-447-2522

F: 641-447-2523