Townships are a much maligned form of local government.
Today we show you how much McHenry County’s seventeen townships will extract from pocketbooks this year compared to last year.
Extensions are the amount of taxes which are billed. The tax cycle is always a year behind, so the 2013 extension will be collected in 2014.
The maximum increase under the Property Tax Cap law is the increase in the Cost of Living. That was 1.5% for this tax year. Real estate assessments on new growth may also be captured.
Note that the part of the township budget controlled by township boards decreased in six of the seventeen townships.
In four others the budget was the same as last year’s.
The Road District budget is totally controlled by the elected Road Commissioner.
In seven townships the road budget went down.
Five of twenty-one county school districts will get less money from property taxpayers this year than last.