Measure on the ballot in the 2022 Illinois Primary Election in Durand.
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Get StartedThe approximate amount of taxes extendable at the most recently extended limiting rate is $53,327.25, and the approximate amount of taxes extendable if the proposition is approved is $95,906.70. For the 2022 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 the referendum of $100,000 is estimated to be $77.26. Based upon an average annual percentage increase in the market value of such property of 4.35%, the approximate amount of the additional tax extendable against such property for the 2023 levy year is estimated to be $80.62 and the 2024 levy year is estimated to be $84.13.
Shall the Village of Durand, Winnebago County, Illinois, be authorized to levy a new tax for the purpose of covering the Village's Illinois Municipal Retirement Fund employer contribution and have an additional tax of 0.2318% of the equalized assessed value of the taxable property therein extended for such purposes?
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