Notice of Proposed Property Tax Increase for Byron Park District
Tue November 26, 2024
Notice of Proposed Property Tax Increase for Byron Park District
I. A public hearing to approve a proposed property tax levy increase for Byron Park District, Ogle County, Illinois, for 2024 will be held on December 17, 2024, at 6:00 p.m. at the Park District Conference Room, 500 N. Colfax Street, Byron, Illinois 61010
Any person desiring to appear at the public hearing and present testimony to the taxing district may contact Nick Warrner, Executive Director, 500 North Colfax Street, Door #55, Byron, Illinois 61010, (815) 234-6218.
II. The corporate and special purpose property taxes extended or abated for 2023 were $564,700.
The proposed corporate and special purpose property taxes to be levied for 2024 are $606,099. This represents a 7.3% increase over the previous year.
III. The property taxes extended for debt service and public building commission leases for 2023 were $548,573.
The estimated property taxes to be levied for debt service and public building commission leases for 2024 are $575,000. This represents a 4.8% increase over the previous year.
IV. The total property taxes extended or abated for 2023 were $ 1,113,273.
The estimated total property taxes to be levied for 2024 are $1,181,099. This represents a 6.1% increase over the previous year.