Notice of Proposed Property Tax Increase for Village of Pecatonica, Winnebago County, Illinois.

 

I.   A public hearing to approve a proposed property tax levy increase for the Village of Pecatonica, Illinois, for Fiscal Year 2017 will be held on December 7, 2017 at         6:00 P.M. at Village Hall, 405 N. Main Street, Pecatonica, Illinois  61063.

Any person desiring to appear at the public hearing and present testimony to the taxing district may contact Ms. Gwenn Shirley, Village Clerk, 405 N. Main Street, Pecatonica, Illinois, phone (815) 239-2310.

II. The corporate and special purpose property taxes extended or abated for 2016 were $98,050.08 (total extension from 2016 plus the amount abated prior to the extension).

The  proposed  corporate  and  special  purpose  property  taxes  to  be  levied  for 2017  are $204,306.59 (amount  to  be  levied  of  the  proposed  aggregate  levy). This represents a 108.37 %percentage increase over the previous year.

III. The property taxes extended for debt service and public building commission leases for 2016 were $0.00

The estimated property taxes to be levied for debt service and public building commission leases for 2017 are $0.00. This represents a 0.00% percentage increase or decrease over the previous year.

IV. The total property taxes extended or abated for 2016 were $98,050.08.

The estimated total property taxes to be levied for 2017 are $204,306.59. This represents a 108.37 % percentage increase over the previous year.

 

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