“These caps — as well as the new $6,500 homestead property tax exemption for Iowa seniors and $8,000 exemption for veterans — will mean Iowans pay a smaller share on the assessed value of their homes, farms or businesses in future years. As Iowa homeowners saw a 22% average growth in home value assessments this year, these measures will mean larger reductions in costs for taxpayers.” – Iowa Capital Dispatch, May 4, 2023