of savings from sound financial management, bond payoffs and
refinancings, the Forest Preserve District has a unique opportunity to
add acreage, make preserve improvements, and still provide a tax
decrease to Kane County residents.
tax decrease: Over the next two years, the owner of a $250,000 home is
scheduled to receive a tax reduction of $104 from the Forest Preserve
If the referendum passes, over the next two years, the owner of a
$250,000 home would receive a tax reduction of $82 from the Forest
Preserve District. The referendum investment is $22 per year or $1.83
per month. (See the below chart.) Plus, the District would be able to
invest in 2,000 - 2,500 additional acres and make key preserve
improvements. After 20 years, the investment would be paid off.
|Projected Annual Cost Per Household|
|$200,000 home||$17 per year||$1.42 per month|
|$250,000 home||$22 per year||$1.83 per month|
|$300,000 home||$26 per year||$2.17 per month|