Some of McHenry County’s Fire Protection Districts are at the maximum rate allowed by law.
Fox River Grove’s Fire Protection District is close. It will only be allowed a 2.3% increase next year, instead of the 3% the Property Tax Cap would allow if it were further under the 40 cents per $100 of assessed valuation statutory limit.
Among those beneath their statutory tax rate are the following:
- Algonquin-Lake in the Hills
- Barrington Countryside
- Fox Lake
- Nunda Rural
- Spring Grove
- Wonder Lake
With the expected 9% overall cut in real estate assessments, those tax districts at or near their maximum rates will see even more problems maintaining the amount of tax revenue they have grown to expect.