How is this possible? Where are the increases?
See the statement from the county’s website/Board Doc’s as shown below[https://www.boarddocs.com/il/boone/Board.nsf/files/9DLTUC790A23/$file/Truth%20in%20Taxation%20Hearing_201311191557.pdf] explains it quite well.
Only 1.7% is an increase in the current tax revenue over last year’s, 3% is because of the Veterans Assistance Commission referendum and 3.6% is for additional property on the the tax rolls.
Your personal increase in tax for the county should reflect the 1.7% PTELL increase and the 3% VAC. The additional 3.6% increase in property will not effect you unless your property was not on the tax rolls in prior years.
