H.F. 2513 Section 1. Section 421.30, subsection 6, Code 2009, is 1 amended to read as follows: 2 6. Upon the director’s approval of the advancement of funds 3 from the reassessment expense fund, the director shall certify 4 to the appropriate conference board and assessor a schedule 5 for disbursing the loan to the assessing jurisdiction’s 6 appraiser assessment expense fund authorized by section 7 441.50 441.16 . The schedule shall provide for the disbursement 8 of funds over the period of the reassessment project, except 9 that ten percent of the funds shall not be disbursed until the 10 project is completed. The conference board shall at its next 11 opportunity levy pursuant to section 441.50 441.16 sufficient 12 funds for purposes of repaying the loan made from the 13 reassessment expense fund. The amount levied shall be 14 sufficient to repay the loan in semiannual installments 15 during the course of the reappraisal project as specified by a 16 repayment schedule established by the director. The repayment 17 schedule shall provide for repayment of the loan not later 18 than one year following the completion of the reassessment. 19 Semiannual repayments of the proceeds of the loan shall be made 20 on or before December 1 and May 1 of each year. 21 Sec. 2. Section 441.16, Code 2009, is amended to read as 22 follows: 23 441.16 Budget. 24 1. All expenditures under this chapter shall be paid as 25 hereinafter provided in this section . 26 2. a. Not later than January 1 of each year the assessor, 27 the examining board, and the board of review, shall each 28 prepare a proposed budget of all expenses for the ensuing 29 fiscal year. The assessor shall include in the proposed budget 30 the probable expenses for defending assessment appeals. Said 31 budgets shall be combined by the assessor and copies thereof of 32 the budgets forthwith filed by the assessor in triplicate with 33 the chairperson of the conference board. 34 b. Such combined budgets shall contain an itemized list 35 -1- LSB 6048YH (4) 83 md/sc 1/ 4

H.F. 2513 of the proposed salaries of the assessor and each deputy, the 1 amount required for field personnel and other personnel, their 2 number and their compensation; the estimated amount needed for 3 expenses, printing, mileage , and other expenses necessary to 4 operate the assessor’s office, the estimated expenses of the 5 examining board , and the salaries and expenses of the local 6 board of review. 7 3. a. Each fiscal year the chairperson of the conference 8 board shall, by written notice, call a meeting of the 9 conference board to consider the proposed budget and to comply 10 with section 24.9. 11 b. At such meeting the conference board shall authorize: 12 1. (1) The number of deputies, field personnel, and other 13 personnel of the assessor’s office. 14 2. (2) The salaries and compensation of members of the 15 board of review, the assessor, chief deputy, other deputies, 16 field personnel, and other personnel, and determine the time 17 and manner of payment. 18 3. (3) The miscellaneous expenses of the assessor’s office, 19 the board of review , and the examining board, including office 20 equipment, records, supplies, and other required items. 21 4. (4) The estimated expense of assessment appeals. All 22 such expense items shall be included in the budget adopted for 23 the ensuing year. 24 4. All tax levies and expenditures provided for herein shall 25 be subject to the provisions of chapter 24 and the conference 26 board is hereby declared to be the certifying board. 27 5. a. Any tax for the maintenance of the office of assessor 28 and other assessment procedure shall be levied only upon the 29 property in the area assessed by said the assessor , and such 30 tax levy shall not exceed forty and one-half eighty-one cents 31 per thousand dollars of assessed value in assessing areas where 32 the valuation upon which the tax is levied does not exceed 33 ninety-two million, six hundred thousand dollars; thirty-three 34 and three-fourths seventy-four and one-fourth cents per 35 -2- LSB 6048YH (4) 83 md/sc 2/ 4

H.F. 2513 thousand dollars of assessed value in assessing areas where 1 the valuation upon which the tax is levied exceeds ninety-two 2 million, six hundred thousand dollars and does not exceed 3 one hundred eleven million, one hundred twenty thousand 4 dollars; twenty-seven sixty-seven and one-half cents per 5 thousand dollars of assessed value in assessing areas where 6 the valuation upon which the tax is levied exceeds one hundred 7 eleven million, one hundred twenty thousand dollars. The 8 county treasurer shall credit the sums received from such levy 9 to a separate fund to be known as the “assessment expense 10 fund” assessment expense fund and from which fund all expenses 11 incurred under this chapter shall be paid. In the case of 12 a county where there is more than one assessor the treasurer 13 shall maintain separate assessment expense funds for each 14 assessor. 15 b. The county auditor shall keep a complete record of said 16 funds and shall issue warrants thereon only on requisition of 17 the assessor. 18 6. The assessor shall not issue requisitions so as to 19 increase the total expenditures budgeted for the operation of 20 the assessor’s office. However, for purposes of promoting 21 operational efficiency, the assessor shall have authority to 22 transfer funds budgeted for specific items for the operation of 23 the assessor’s office from one unexpended balance to another; 24 such transfer shall not be made so as to increase the total 25 amount budgeted for the operation of the office of assessor, 26 and no funds shall be used to increase the salary of the 27 assessor or the salaries of permanent deputy assessors. The 28 assessor shall issue requisitions for the examining board 29 and for the board of review on order of the chairperson of 30 each board and for costs and expenses incident to assessment 31 appeals, only on order of the city legal department , in the 32 case of cities and of the county attorney in the case of 33 counties. 34 7. Unexpended funds remaining in the assessment expense 35 -3- LSB 6048YH (4) 83 md/sc 3/ 4

H.F. 2513 fund at the end of a year shall be carried forward into the next 1 year. 2 Sec. 3. Section 441.50, Code 2009, is amended to read as 3 follows: 4 441.50 Appraisers employed. 5 The conference board shall have power to employ appraisers 6 or other technical or expert help to assist in the valuation 7 of property, the cost thereof to be paid in the same manner as 8 other expenses of the assessor’s office. The conference board 9 may certify for levy annually an amount not to exceed forty 10 and one-half cents per thousand dollars of assessed value of 11 taxable property for the purpose of establishing a special 12 appraiser’s fund, to be used only for such purposes. From 13 time to time the conference board may direct the transfer of 14 any unexpended balance in the special appraiser’s fund to the 15 assessment expense fund. 16 Sec. 4. TRANSFER OF FUNDS. On or within ten days following 17 the effective date of this Act, the conference board of each 18 county and city established pursuant to section 441.2 shall 19 transfer all moneys remaining in the county’s or city’s special 20 appraiser’s fund, as applicable, to that county’s or city’s 21 assessment expense fund. 22 EXPLANATION 23 This bill combines the special appraiser’s fund, under Code 24 section 441.50, with the assessment expense fund, under Code 25 section 441.16, in the office of local assessor and increases 26 the levy rate limits for the assessment expense fund to include 27 the 40 and 1/2 cents per $1,000 of assessed value that may 28 currently be levied for the special appraiser’s fund. 29 The bill also requires remaining moneys in the special 30 appraiser’s fund to be transferred to the assessment expense 31 fund. 32 -4- LSB 6048YH (4) 83 md/sc 4/ 4