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Local taxes › Boone County › Madrid

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Madrid

Boone County · How cities work

$3,430 a yearproperty tax on a $200,000 home here, FY27, for every local government ($40.70 per $1,000 of taxable value)1
$1,430 a yearof that goes to the city ($16.93 per $1,000)
$1.8Mproperty taxes the city levies, FY27
$3.4Mcity budget, FY27, without city-run utilities (not yet reported)2

Who runs it

The city council passes ordinances, adopts the budget and sets the city’s property tax.

  • Dustin DaltonMadrid City Council Ward 3 · elected November 4, 2025
  • Lane ShaverMadrid City Council At-Large · elected November 4, 2025
  • Lisa HollisMadrid City Council Ward 1 · elected November 4, 2025
  • Chuck RigbyMadrid City Council At-Large · elected November 7, 2023
  • Steve BurichMadrid City Council Ward 2 · elected November 7, 2023
  • Tom BrownMadrid Mayor · elected November 7, 2023

Officials are worked out from election results: every member whose four-year term is still running, plus appointments and titles Iowa Funnel has been told about. A resignation may not show yet.

Meetings and agendas

What the council is deciding: each agenda, the resolutions and ordinances on it, and a plain-language summary.

Iowa Funnel doesn’t read this city’s agendas yet. Every council and board posts its agenda at least 24 hours before it meets.

Property taxes

Where a property tax dollar goes in Madrid

The combined rate in most of Madrid is $40.70 per $1,000 of taxable value (FY27). The city sets only its own piece. Estimate your bill.

  • Madrid schools$16.9542%
  • City of Madrid$16.9342%
  • Boone County$3.248%
  • Boone County Hospital$2.215%
  • Des Moines Area Community. College$0.812%
  • Boone County Assessor$0.431%
  • Boone County Extension (ISU Extension and Outreach)$0.13<1%

Rates over time

Per $1,000 of taxable value: the typical combined rate people in Madrid pay, and the city government’s own piece of it.

CombinedCity’s own
0$15$30$45$60’20’22’24’26’27CombinedCity’s own
0$15$30$45$60’20’21’22’23’24’25’26’27CombinedCity’s own
YearCombinedCity’s own
FY20$43.46$19.40
FY21$43.04$19.17
FY22$33.03$18.96
FY23$31.98$17.61
FY24$40.40$16.99
FY25$32.06$17.23
FY26$41.08$17.15
FY27$40.70$16.93
Show the numbers
YearCombinedCity’s own
FY20$43.46$19.40
FY21$43.04$19.17
FY22$33.03$18.96
FY23$31.98$17.61
FY24$40.40$16.99
FY25$32.06$17.23
FY26$41.08$17.15
FY27$40.70$16.93

Compared with places this size3

Madrid’s city property tax rate of $16.93 per $1,000 is the 16th highest of 76 Iowa cities with 1,900–4,200 people. The middle of the group is $14.12.

Eldora: $26.87Rockwell City: $20.74Bloomfield: $20.41Belmond: $19.86Sibley: $19.77Albia: $19.70Sac City: $19.69Eagle Grove: $19.32West Liberty: $18.68Toledo: $18.21La Porte City: $18.08Tama: $17.74Clarion: $17.74Britt: $17.72Missouri Valley: $17.68West Union: $16.60Audubon: $16.52Grundy Center: $16.36Belle Plaine: $16.34Colfax: $16.25Lamoni: $16.15Cresco: $16.13Marengo: $16.10Forest City: $15.77Postville: $15.68Tipton: $15.54Stuart: $15.48Granger: $15.22Sigourney: $15.20Jefferson: $14.88Sumner: $14.83Waukon: $14.76Rock Rapids: $14.57Monticello: $14.49Jesup: $14.31Osage: $14.29Parkersburg: $14.15Ida Grove: $14.10Lake Mills: $13.82Rock Valley: $13.76Emmetsburg: $13.70Wilton: $13.62New Hampton: $13.44Wapello: $13.29Hudson: $13.19Center Point: $13.19Greenfield: $13.13Hawarden: $13.02Garner: $12.86Bellevue: $12.67Milford: $12.57Lisbon: $12.50Dallas Center: $12.42Onawa: $12.32Monroe: $12.28Denver: $12.27Alta: $12.13Atkins: $11.99Hull: $11.79Cascade: $11.64West Branch: $11.63Mitchellville: $11.54Solon: $11.53Northwood: $11.28Williamsburg: $11.11Ely: $11.08Ogden: $10.99Carter Lake: $10.67Story City: $10.39Kalona: $10.37West Burlington: $10.15Peosta: $9.82Robins: $9.68Epworth: $9.42Fairfax: $8.10Madrid: $16.93$8.10 lowest$26.87 highestmiddle
See all 76
#PlaceRate per $1,000People
1Eldora$26.872,595
2Rockwell City$20.742,185
3Bloomfield$20.412,773
4Belmond$19.862,405
5Sibley$19.772,787
6Albia$19.703,579
7Sac City$19.691,992
8Eagle Grove$19.323,615
9West Liberty$18.683,724
10Toledo$18.212,372
11La Porte City$18.082,267
12Tama$17.742,997
13Clarion$17.742,751
14Britt$17.722,001
15Missouri Valley$17.682,638
16Madrid$16.932,824
17West Union$16.602,435
18Audubon$16.522,008
19Grundy Center$16.362,821
20Belle Plaine$16.342,335
21Colfax$16.252,305
22Lamoni$16.152,072
23Cresco$16.133,890
24Marengo$16.102,415
25Forest City$15.774,199
26Postville$15.682,418
27Tipton$15.543,059
28Stuart$15.481,887
29Granger$15.222,095
30Sigourney$15.201,974
31Jefferson$14.884,148
32Sumner$14.832,032
33Waukon$14.763,799
34Rock Rapids$14.572,709
35Monticello$14.494,095
36Jesup$14.312,541
37Osage$14.293,559
38Parkersburg$14.151,986
39Ida Grove$14.101,988
40Lake Mills$13.822,077
41Rock Valley$13.764,024
42Emmetsburg$13.703,632
43Wilton$13.622,914
44New Hampton$13.443,433
45Wapello$13.292,026
46Hudson$13.192,916
47Center Point$13.192,578
48Greenfield$13.131,988
49Hawarden$13.022,630
50Garner$12.863,049
51Bellevue$12.672,321
52Milford$12.573,258
53Lisbon$12.502,238
54Dallas Center$12.421,993
55Onawa$12.322,795
56Monroe$12.282,021
57Denver$12.271,955
58Alta$12.132,039
59Atkins$11.992,168
60Hull$11.792,459
61Cascade$11.642,396
62West Branch$11.632,876
63Mitchellville$11.542,686
64Solon$11.533,284
65Northwood$11.282,047
66Williamsburg$11.113,380
67Ely$11.082,371
68Ogden$10.991,970
69Carter Lake$10.673,752
70Story City$10.393,439
71Kalona$10.372,762
72West Burlington$10.153,249
73Peosta$9.822,195
74Robins$9.683,362
75Epworth$9.422,042
76Fairfax$8.102,937

The city’s levies, FY27

What the city raises from each levy. The general levy is capped by state law; the others are set aside for one purpose.

  • Consolidate General Fund$811,54645%
  • Debt Service Levy$527,61330%
  • Total Employee Benefit Levies$310,78217%
  • Liability, property & self insurance costs$133,7597%

Budget and spending

Where each dollar of Madrid’s budget goes, FY26

Business Type / Enterprise: 42¢ of every dollar42¢Public Works: 19¢ of every dollar19¢Public Safety: 12¢ of every dollar12¢Culture and Recreation: 11¢ of every dollar11¢Debt Service: 7¢ of every dollar7¢Everything else: 9¢ of every dollar9¢

Planned spending from all funds, including city-run utilities like water and sewer (“business type”), which some cities run and others don’t. Transfers between funds are left out. “Cities this size” is the average for the 75 Iowa cities closest in size (1,900–4,200 people).

Where it goesOf each dollarCities this size (75)
Business Type / Enterprise42¢39¢
Public Works19¢10¢
Public Safety12¢12¢
Culture and Recreation11¢7¢
Debt Service7¢8¢
Everything else9¢24¢

Planned spending, FY27

All funds: property taxes, utility and other fees, state and federal money. “Business type” is city-run utilities and enterprises like water or sewer.

  • Public Works$883,43726%
  • Public Safety$713,25821%
  • Culture and Recreation$583,94117%
  • Debt Service$563,30317%
  • General Government$416,92812%
  • Community and Economic Development$171,6175%
  • Capital Projects$73,5002%
  • Health and Social Services$6,0000%

The state’s FY27 file doesn’t include business type / enterprise yet ($2.6M in FY26), so this total is low.

Budget compared with what it spent, FY23
FunctionBudgetSpent
Public Works$678,972$679,832
Public Safety$603,041$580,652
Health and Social Services$5,000$5,380
General Government$303,204$290,137
Debt Service$567,450$567,300
Culture and Recreation$456,783$523,084
Community and Economic Development$45,293$64,530
Capital Projects$794,751$0
Business Type / Enterprise$1.5M$1.9M

What it spent each year

$11.8M
$4.6M
’17’18’19’20’21’22’23

State money

What the state sends the city

Sales tax and property tax credits the state paid the city: up 34% since FY20; up 15% after inflation.

In today's dollarsActual dollars
$150,000$262,500$375,000$487,500$600,000’20’21’22’23Today's $Actual
$150,000$262,500$375,000$487,500$600,000’20’21’22’23Today's $Actual
ProgramFY24FY23FY22FY21FY20
Local option sales tax$375,050$344,925$360,243$281,814$256,966
Show the numbers
ProgramFY24FY23FY22FY21FY20
Local option sales tax$375,050$344,925$360,243$281,814$256,966

Elections

Most recent: November 3, 2026

Ballot measures · 2

Passed Yes 72.7% (1,366) · No 27.3% (514)

Passes with more yes votes than no.

Passed Yes 66.7% (164) · No 33.3% (82)

Passes with more yes votes than no.

Local races from civicAPI and county auditors for Madrid; official results are on each county auditor’s site.

Related places

At the Statehouse and in Congress4

Jesse Green (Sen. 24)Chad Behn (Rep. 48)

U.S. House:District 4

Boone CountyMadrid schools