Saturday, I extracted the loses of McHenry County tax districts from the front page article in Sunday’s Chicago Tribune.
As I was reminded by Pete Gonigam of The First Electric Newspaper, I missed Algonquin. His article from December 10, 2014, estimated that Algonquin would lose $596,000, which turns out to be low.
In any event, I have added Algonquin’s estimated loss to the others, which you can see below:
I picked a home at random in Lake in the Hills and found about $200 in village property taxes.
That means about 1,000 homes property taxes for one year were lost through the inopportune investment.