Nampa Idaho Form 433-B 2025

Nampa Idaho Form 433-B: What You Should Know

City of Nampa Form 433-B for Nampa (OIC) (Rev. 4-2022) Filing Status: Toll-Free • U.S. residents only (Toll-Free:) Filing Schedule for Annual Business and City Budget Form 433/A (Rev. 4-2022) • Filed on paper Business and City Budget Overview  This plan must include the following items, or you may be audited for an additional payment by the City of Nampa. The following items are required for the City of Nampa to provide service to property owners: The City of Nampa Taxpayers' Guide to the Tax Year 2018 (Rev. 4-2022) Property Tax Rate The City of Nampa provides an independent property assessment every  two years. This rate has been reduced to the latest official property assessment for property assessed on and before May 3, 2021. This rate is based on the fair market value of the current year's assessed property as determined by the City. The Fair Market Value (FMA) rate is derived by dividing the annual assessed property value by the average monthly payment made on property taxes by property size. The Fair Market Value (FMA) rate is based on a fair value for the City of Nampa. This value is determined by using recent  market prices, as reported by a survey of the most widely recognized business, financial and real estate publications available in the state of Idaho, and the methodology in Chapter 26 of the Nampa City Code. The City of Nampa does not have a specific Fair Market Value for each property unless it has received and received an FMA value. However, the City can only provide you with an FMA value for a single property that: • Is not an improvement owned by the City, and • Has a base assessed value over 100,000,000. The FMA value is determined by dividing the annual assessment at 3,500 by the average payment per month on property taxes as reported previously.

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