Page 2 - Equalized Assessed Value News Today

DeKALB – DeKalb homeowners won’t be seeing major changes to their taxes this year, but they will see their property values increase. The city of DeKalb’s corporate levy for 2024 will be $1 million higher than last year’s. The city’s corporate levy, the requested property tax dollars, of about $8.1 million for the 2023 fiscal...

DeKALB – NIU can expect to purchase the land for its Greek Life Center in March, while final construction is planned to end by 2025.  The NIU Foundation, which will purchase the property between the intersection of West Hillcrest Drive and Blackhawk Road known as the “L,” will now have until Dec. 31, 2025, to...

State Senator Dave Koehler has passed a bill in the senate that would expand the Central Illinois Regional Air...

During a question and answer period after a virtual informational presentation on the Unit 5 referendum this w...

"What I showed this evening was a big piece of the $88 million that was mentioned is $50 million in the workin...

Council studies code enforcement, Neighborhood Revitalization Decatur, IL - The Decatur City Council met for t...

The District 205 Board of Education approved the 2022 tax levy of $23,856,768 at their meeting on Monday. Assistant Superintendent for Finance Jennifer Hamm told the board that the tax levy was increased over last year, matching the increases seen in the projected Equalized Assessed Value of the district, an increase she described as "significant." The projected EAV for the portion of the district in Knox County increased by 5.6 percent while the EAV of the portion of Warren County imp...

Monmouth Aldermen next month will consider a property tax levy of over $2.623 million. The tax levy is an increase that captures only the growth in the city's Equalized Assessed Value and is reflected on a minimal increase to the tax rate, which is 2.93 percent – or $2.93 for every hundred dollars of assessed value. In the last year, the tax base in Monmouth has increased by over 3.4 million dollars. City Administrator Lew Steinbrecher tells WGIL that the overwhelming majority of the tax ...

Next month, the District 205 School Board will consider a tax levy of over $23.8 million dollars. That is an increase of $1.3 million from the year before but is based on a 5.9 percent increase in the Equalized Assessed Value of the district, not an increase in the tax rate. Assistant Superintendant of Finance Jennifer Hamm told the School Board on Monday that the tax rate will actually remain flat from the year before. "Last year, our tax rate was actually a 3 percent decrease from the tax...

(The Center Square) – A massive data center under construction in northern Illinois is about to get even bigger. The city of DeKalb and state of Illinois provided tax breaks to the project. Meta, the social media giant ...