Thanks to a Friend of McHenry County Blog readers can see which types of tax districts will take more or less from us taxpayers this year. The 2018 tax year’s taxes will be collected this year.
TAXING DISTRICT TYPE | INCR / DECR |
2017 – 2018 | |
Twp Road Districts | 0.67% |
Townships | -1.76% |
Schools | 1.35% |
Park Districts | 2.02% |
Municipalities | 0.54% |
Library Districts | -2.59% |
LITH Sanitary District | 2.38% |
Northern Moraine Wastewater | -8.90% |
Fire Protection Districts | 2.32% |
Marengo Rescue Squad District | 2.57% |
Northern Moraine Wasterwater | -8.90% |
All Community Colleges | 1.19% |
McHenry County College | 0.02% |
Cemetery Districts | 1.61% |
McHenry County | -2.77% |
McHenry County Conservation District | 2.45% |
Equalized Assessed Value | 5.43% |
The source documents are Tax Computation Reports on the County Clerk website?
mchenrycountyil.gov/county-government/departments-a-i/county-clerk/taxes
The 2018 Tax Computation Reports are dated April 16, 2019.
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Per the County Summary PTAX 250 report of all property tax extensions countywide for all property taxing districts:
2017 – $832,828,242.66
2018 – $840,654,127.56
That’s an increase of $7,825,885, which is .9% (nine tenths of one percent).
That’s the countywide property tax hike for all property taxing districts combined.
Where’s valley hi,,,,,,,,,,,,,,,, in the county taxes?
Valley Hi and IMRF are in County Taxes.
The County has a surplus in the Valley Hi Fund and owes IMRF $50M ($50,000,000).
The $50M is the unfunded liability (net pension liability).