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Figuring Your Tax Rate For Ambulance Service

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.

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