FY2023 Adopted Budget

PRINCIPAL TAXPAYERS

2021 and Nine Years Ago (2012)

(amounts expressed in thousands)

2012

2021

% of Total

% of Total

Taxable

Taxable

Taxable

Taxable

Ten largest taxpayers 1

Valuation Rank Valuation

Valuation Rank Valuation

Rise at Riverfrot Crossings Owner LLC

$

- -

- -

N/A % 55,705 $

1 2 3 4 5 6 7 8 9

1.31 %

BBCS Hawkeye Housing LLC

N/A 1.68 N/A N/A N/A N/A 1.56 N/A N/A 0.74 0.64 0.57 0.56 0.53 0.51 0.45 0.42

50,166 42,611 42,542 28,279 27,604 27,019 25,546 25,243 24,974

1.18 1.00 1.00 0.66 0.65 0.63 0.60 0.59 0.59 N/A N/A N/A N/A N/A N/A N/A N/A

ACT Inc (Am College Testing Prgrm)

47,985

1

Tailwind Iowa City LLC Webber - Iowa LLC Vesper Iowa City LLC

-

- - - -

-

- -

Midwestone Bank

Mid-American Energy Company

44,301

2

Augusta Place LLC

- -

- -

Hollingsworth Capitaal Partners - Iowa Inc Ann Gerdin Trust (formerly Russell Gerdin)

10

20,968 18,273 16,375 16,083 15,086 14,410 12,903 12,052

3 4 5 6 7 8 9

- - - - - - - -

- - - - - - - -

SouthGate Development CO MEHSM LC (Sycamore Mall)

Alpha Inc.

Proctor & Gamble LLC

National Computer Systems (Pearson)

United Natural Foods

CCA: Hawk Ridge Dr LLC Lodge Apts

10

218,436 $

7.66 % 349,689 $

8.21 %

Total

Sources: 1 City of Iowa City Assessor's Office - Annual Report

681