Final FY25 Adopted Budget

PRINCIPAL TAXPAYERS

Current Year and Nine Years Ago

(amounts expressed in thousands)

2014

2023

% of Total

% of Total

Taxable

Taxable

Taxable

Taxable

Ten largest taxpayers 1

Valuation Rank Valuation

Valuation Rank Valuation

$

- -

- -

N/A N/A

$ 30,192 1

0.69 %

Rise at Riverfront Crossing Owner LLC BBCS Hawkeye Housing LLC Mid-American Energy Company ACT Inc (Am College Testing Prgrm)

27,489 2

0.63 0.62 0.60 0.54 0.54 0.51 0.46 0.39 0.36 N/A N/A N/A N/A N/A N/A

44,174 2 46,590 1

1.46% 27,0583 1.53% 26,1154

Tailwind Iowa City LLC

- -

- - -

N/A N/A N/A

23,782 5 23,451 6 22,242 7

1201 Gilbert LLC

Hollingsworth Capital Partners Iowa LLC Dealer Properties IC LLC (Billion Auto)

-

19,343 4 15,528 6

0.64% 20,1478 0.51% 16,8979

Proctor & Gamble LLC

-

-

N/A

15,850 10

Webber - Iowa LLC

Ann Gerdin Trust (formerly Russell Gerdin)

22,321 3 16,227 5 13,800 7 12,856 8 12,749 9 12,542 10

0.74% 0.53% 0.45% 0.42% 0.42% 0.41%

- - - - - -

- - - - - -

Alpha Inc.

National Computer Systems (Pearson)

United Natural Foods

Southgate Development Company

Wal-Mart Real Estate

$ 216,130

7.12% % 233,223 $

5.34 %

Total

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

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