Have you been wondering how the ambulance tax levy will effect your taxes?
The referendum to be voted on tomorrow states the DeWitt County Board can implement a tax levy of up to point-25 percent of the total property value. Sandy Schlosser, DeWitt County's Supervisor for Assessments explains a person with a $100-thousand dollar home's taxes will increase by a little over $80 per year if the full amount is levied. Schlosser explains for anyone who knows their property value, the formula to is quite simple.
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Schlosser says the formula remains the same for any tax rate.
Should the County Board entertain the idea of a non-for profit ambulance service and then approve the idea, the Board could levy less than the full point-25 percent. It is speculated a levy of half the full amount could fund the ambulance service. Schlosser says if a tax of point-15 percent is levied, a $100-thousand home would only see their taxes increase close to $50 per year.