PROPOSITION TO INCREASE THE LIMITING RATE OF THE KIRKLAND COMMUNITY FIRE PROTECTION DISTRICT - Proposition

Shall the limiting rate under the Property Tax Extension Limitation Law for the Kirkland Community Fire Protection District, DeKalb County, Illinois, be increased by an additional amount equal to 0.20% above the limiting rate for fire protection and ambulance purposes for levy year 2016 and be equal to 0.71128% of the equalized assessed value of the taxable property therein for levy year 2018? (1) The approximate amount of taxes extendable at the most recent extended limiting rate is $345,869, and the approximate amount of taxes extendable if the proposition is approved is $481,164. (2) For the 2018 levy year the approximate amount of the additional tax extendable against property containing a single-family residence and having a fair market value at the time of referendum of $100,000 is estimated to be $66.67. (3) If the proposition is approved, the aggregate extension for 2018 will be determined by the limiting rate set forth in the proposition, rather than the otherwise applicable limiting rate calculated under the provisions of the Property Tax Extension Limitation Law (commonly known as the Property Tax Cap Law).