Resolutions-2018-005

Major/Leading Employers¹ Major employers in the City are generally smaller, service-related business, and many City residents are employed within the Iowa City metropolitan area. Following are selective major/leading employers in the nearby City of Iowa City: <table> <tr> <th>Name</th> <th>Product/Service</th> <th>Number of Employees²</th> </tr> <tr> <td>University of Iowa</td> <td>Public University</td> <td>18,650</td> </tr> <tr> <td>University of Iowa Hospitals</td> <td>Healthcare</td> <td>8,374</td> </tr> <tr> <td>Iowa City Community School District</td> <td>Public Education</td> <td>2,346</td> </tr> <tr> <td>ACT, Inc.</td> <td>Educational Programs</td> <td>1,632</td> </tr> <tr> <td>Veteran’s Affairs Medical Center</td> <td>Healthcare</td> <td>1,562</td> </tr> <tr> <td>Mercy Hospital</td> <td>Healthcare</td> <td>1,559</td> </tr> <tr> <td>Hy-Vee</td> <td>Grocery</td> <td>1,166</td> </tr> <tr> <td>City of Iowa City</td> <td>City Government</td> <td>1,108</td> </tr> <tr> <td>Pearson Educational Measurement</td> <td>Business Consulting</td> <td>1,100</td> </tr> <tr> <td>International Automotive Components Group</td> <td>Manufacturing</td> <td>750</td> </tr> </table> Largest Taxpayers Following are 10 of the largest taxpayers within the City as provided by Johnson County: <table> <tr> <th>Name</th> <th>Business</th> <th>2017/2018 Taxable Assessed Value</th> <th>Percent Total Taxable Valuation ($120,190,545)³</th> </tr> <tr> <td>Mid-American Energy</td> <td>Utility</td> <td>$3,787,662</td> <td>3.15%</td> </tr> <tr> <td>Willow Ridge Development LLC</td> <td>Residential</td> <td>3,133,944</td> <td>2.61</td> </tr> <tr> <td>Tiffin Affordable Housing LC</td> <td>Residential</td> <td>2,674,768</td> <td>2.23</td> </tr> <tr> <td>Tiffin Affordable Housing II LC</td> <td>Residential</td> <td>1,845,508</td> <td>1.54</td> </tr> <tr> <td>KGTFN LLC</td> <td>Commercial</td> <td>1,758,510</td> <td>1.46</td> </tr> <tr> <td>Big Country Properties LLC</td> <td>Commercial</td> <td>1,606,613</td> <td>1.34</td> </tr> <tr> <td>Brookside at Prairie West LLC</td> <td>Multi-residential</td> <td>1,604,761</td> <td>1.33</td> </tr> <tr> <td>Rogue Development Company Inc.</td> <td>Commercial</td> <td>1,514,070</td> <td>1.26</td> </tr> <tr> <td>Cowhorse Properties LLC</td> <td>Commercial</td> <td>1,340,280</td> <td>1.11</td> </tr> <tr> <td>Clear Creek Mobile Home Park LLC</td> <td>Multi-residential</td> <td>1,330,396</td> <td>1.11</td> </tr> <tr> <td colspan="3"><b>$ 20,596,512</b></td> <td><b>17.14%</b></td> </tr> </table> ¹ Source: City of Iowa City. ² Includes full-time, part-time and seasonal employees. ³ This value is after military exemption adjustment as well as before tax increment value adjustment and is used to compute all tax rates.