Kane County Neighbors for Open Space, Clean Water, and Clean Air

Home | Why Vote 'Yes' | Who Supports It | How Can I Help? | Referendum in the News | Issues and Answers | Results of Previous Referenda | Contact Us

Issues and Answers

How much will the referendum bond issue cost taxpayers?

Because 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.

Planned 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 District.

Referendum impact:  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

 

Forest Preserve District acquisition of the Fox Valley Ice Arena

Brunner Forest Preserve and Longmeadow Parkway

Forest Preserve Acquisition of the Oury Property