Impact Calculator for $10,700,000 Referendum Bond Issue

Fair Market Value from Tax Bill:
Monthly Tax Increase:

Note: Assumes Homeowner's Exemption applies. Assumes Equalization Factor of 3.0027. Assumes market conditions as of January 2023. Actual impacts will be determined by the interest rates at the time of the bond sale.

This is a temporary increase and would fall off your tax bill after 20 years.

Impact Calculator for Proposed Limiting Rate Increase Issue

Fair Market Value from Tax Bill:
Monthly Tax Increase:

Note: Assumes Homeowner's Exemption applies. Assumes Equalization Factor of 3.0027. Assumes market conditions as of January 2023. 

If only this measure passes, the park district can utilize the revenue to improve the parks beginning in FY 24/25. This is a permanent increase.

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Total Impact Calculator for Tax Increase (Proposed Bonds + Limiting Rate)

Fair Market Value from Tax Bill:
Monthly Tax Increase:

Note: Assumes Homeowner's Exemption applies. Assumes Equalization Factor of 3.0027. Assumes market conditions as of January 2023. Actual impacts will be determined by the interest rates at the time of the bond sale.

This is the total amount you would pay should both measures pass. Any difference between this estimate and the above individual estimate calculations is due to rounding.