{"facts":[{"id":5,"factKey":"abatement_total","label":"Urban Revitalization abatements in Des Moines (Chapter 404, temporary)","value":"1345193110","sourceName":"Polk County Assessor, Jurisdiction History of Assessor Adjustments by Category (Des Moines, 2025)","sourceUrl":"https://www.assess.co.polk.ia.us/cgi-bin/web/tt/query.cgi?tt=adjustments/juris_values_cat&juris=DM","factType":"reported","notes":"Reported separately from permanent exemptions because abatements are temporary and expire.","updatedAt":"2026-08-22T05:28:55.000Z"},{"id":3,"factKey":"assessed_value_total","label":"Total full assessed value of exempt and partially exempt property","value":"2608998890","sourceName":"Polk County Assessor, Commercial Inventory for Polk County","sourceUrl":"https://www.assess.co.polk.ia.us/cgi-bin/web/tt/infoqry.cgi?tt=downloads/comm_inven_polk","factType":"calculated","notes":"Cross-checks against the county's own published category total to within 0.021%.","updatedAt":"2026-08-22T05:28:55.000Z"},{"id":11,"factKey":"city_budget_gap_fy2028","label":"Projected City of Des Moines general fund budget gap, FY2028","value":"12000000","sourceName":"City of Des Moines, Research and Budget","sourceUrl":"https://www.dsm.city/departments/finance/research_and_budget.php","factType":"reported","notes":"The city also projects an additional $5 million gap for FY2029.","updatedAt":"2026-08-22T05:28:55.000Z"},{"id":12,"factKey":"city_exempt_share","label":"Share of Des Moines property value that is tax-exempt, as stated by the City","value":"40","sourceName":"City of Des Moines, Research and Budget","sourceUrl":"https://www.dsm.city/departments/finance/research_and_budget.php","factType":"reported","notes":"The City's own figure. It includes government-owned property, which is not in this site's parcel dataset.","updatedAt":"2026-08-22T05:28:55.000Z"},{"id":4,"factKey":"county_category_total","label":"County-published exemption total for Des Moines, excluding Urban Revitalization abatements","value":"2608458170","sourceName":"Polk County Assessor, Jurisdiction History of Assessor Adjustments by Category (Des Moines, 2025)","sourceUrl":"https://www.assess.co.polk.ia.us/cgi-bin/web/tt/query.cgi?tt=adjustments/juris_values_cat&juris=DM","factType":"reported","notes":"Independent county data product used to validate our parcel-level roll-up.","updatedAt":"2026-08-22T05:28:55.000Z"},{"id":15,"factKey":"data_vintage","label":"Assessment year of the property data on this site","value":"2025","sourceName":"Polk County Assessor, Commercial Inventory for Polk County (file created 2026-08-16, retrieved 2026-08-20)","sourceUrl":"https://www.assess.co.polk.ia.us/cgi-bin/web/tt/infoqry.cgi?tt=downloads/comm_inven_polk","factType":"reported","notes":"Assessment year 2025 values are paired with levy year 2024 rates, because the 2025 levy sheet is not yet published.","updatedAt":"2026-08-22T05:28:55.000Z"},{"id":14,"factKey":"effective_rate_commercial","label":"Effective tax rate under the commercial scenario","value":"0.03809201","sourceName":"Calculated by Des Moines Property Watch","sourceUrl":null,"factType":"calculated","notes":"0.900000 x (42.32446 / 1000) = 3.809201%","updatedAt":"2026-08-22T05:28:55.000Z"},{"id":13,"factKey":"effective_rate_residential","label":"Effective tax rate under the residential scenario","value":"0.01884899","sourceName":"Calculated by Des Moines Property Watch","sourceUrl":null,"factType":"calculated","notes":"0.445345 x (42.32446 / 1000) = 1.884899%","updatedAt":"2026-08-22T05:28:55.000Z"},{"id":1,"factKey":"exempt_property_count","label":"Tax-exempt and partially exempt commercial and multi-residential properties in Des Moines","value":"796","sourceName":"Polk County Assessor, Commercial Inventory for Polk County (file created 2026-08-16)","sourceUrl":"https://www.assess.co.polk.ia.us/cgi-bin/web/tt/infoqry.cgi?tt=downloads/comm_inven_polk","factType":"reported","notes":"Counts assessor class codes C, N, BC, MN, CM, BCM and BN within the City of Des Moines jurisdiction.","updatedAt":"2026-08-22T05:28:55.000Z"},{"id":2,"factKey":"exempt_value_total","label":"Total assessed value not currently taxed","value":"2528158590","sourceName":"Polk County Assessor, Commercial Inventory for Polk County","sourceUrl":"https://www.assess.co.polk.ia.us/cgi-bin/web/tt/infoqry.cgi?tt=downloads/comm_inven_polk","factType":"calculated","notes":"Sum of full assessed value less the portion still on the tax roll for partially exempt parcels.","updatedAt":"2026-08-22T05:28:55.000Z"},{"id":10,"factKey":"gap_commercial","label":"Annual property tax not collected, commercial-rate scenario","value":"96302652","sourceName":"Calculated by Des Moines Property Watch from Polk County Assessor data","sourceUrl":null,"factType":"calculated","notes":"exempt value x 0.900000 x (42.32446 / 1000). Answers: what if exempt property paid what businesses pay?","updatedAt":"2026-08-22T05:28:55.000Z"},{"id":9,"factKey":"gap_residential","label":"Annual property tax not collected, residential-rate scenario","value":"47653227","sourceName":"Calculated by Des Moines Property Watch from Polk County Assessor data","sourceUrl":null,"factType":"calculated","notes":"exempt value x 0.445345 x (42.32446 / 1000). Answers: what if exempt property paid what homeowners pay?","updatedAt":"2026-08-22T05:28:55.000Z"},{"id":8,"factKey":"levy_rate","label":"Consolidated levy rate per $1,000 of taxable value, Des Moines City / Des Moines Schools","value":"42.32446","sourceName":"Polk County Assessor, Jurisdiction Regular Levies, levy year 2024","sourceUrl":"https://www.assess.co.polk.ia.us/cgi-bin/web/tt/query.cgi?tt=taxes/levies_juris&yr=2024&juris=DM&type=R&","factType":"reported","notes":"Tag DEM-C-DEM-770131. Des Moines spans 23 taxing districts with rates from 39.93 to 45.65; this is the dominant district.","updatedAt":"2026-08-22T05:28:55.000Z"},{"id":7,"factKey":"rollback_commercial","label":"Iowa commercial rollback rate, assessment year 2025","value":"0.900000","sourceName":"Polk County Assessor, Rollback Rates","sourceUrl":"https://www.assess.co.polk.ia.us/cgi-bin/web/tt/info.cgi?tt=taxes/rollback","factType":"reported","notes":null,"updatedAt":"2026-08-22T05:28:55.000Z"},{"id":6,"factKey":"rollback_residential","label":"Iowa residential rollback rate, assessment year 2025","value":"0.445345","sourceName":"Polk County Assessor, Rollback Rates","sourceUrl":"https://www.assess.co.polk.ia.us/cgi-bin/web/tt/info.cgi?tt=taxes/rollback","factType":"reported","notes":"Set annually by the Iowa Department of Revenue. Only this share of residential assessed value is taxable.","updatedAt":"2026-08-22T05:28:55.000Z"}]}