Nunda Township assessments three-year median average for 2017 is 31.8%.
Because that is lower than the 33.3% that state law mandates, McHenry County will increase each parcel’s assessment with what is commonly called a “township multiplier.”
The level of uniformity is measured by what the Illinois Revenue Department calls a “Coefficient of Dispersion.”
To make the measure easier to comprehend, I call it a “margin of error.”
Nunda Township’s margin of error for the bills to be mailed out this spring is 16.13%.