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The primary sources of District funds are property taxes and the sale of bonds. In 2006, 2.2% of all county property taxes supported the Forest Preserve District. Additional financial assistance comes from grants and support groups that lend a hand through fundraising efforts.
The property tax is a local tax, imposed by counties, townships, municipalities, school districts, and special taxation districts. The property tax in Illinois is imposed only on real property . [ 5 ] [ 6 ] [ 7 ] Illinois counties, townships, cities, and villages may also promulgate local ordinances .
Jurisdictions imposing property tax uniformly charge some official with determining value of property subject to tax by the jurisdiction. [37] This official may be an employee or contractor to the taxing government, and is generally referred to as the tax assessor in most jurisdictions. Some taxing jurisdictions may share a common tax assessor ...
DuPage County (/ d uː ˈ p eɪ dʒ / doo-PAYJ) is a county in the U.S. state of Illinois, and one of the collar counties of the Chicago metropolitan area. As of the 2020 census , the population was 932,877, making it Illinois' second-most populous county .
In DuPage County, the northwest portion is in Winfield Township, ... and the city property tax was 0.6949%, this resulted in a $875.11 average property tax paid. ...
The word tax assessment is used in different ways, but often refers to a tax liability owed by a taxpayer. In the case of property, a tax assessment is an evaluation or an estimate of value that is typically performed by a tax assessor. The assessment leads to an "assessed value," which is a base number used in the calculation of the property ...
Naperville Township is one of nine townships in DuPage County, Illinois, USA. As of the 2020 census , its population was 104,765 and it contained 41,338 housing units. [ 2 ]
In 1994, the village bought the Schaumburg Regional Airport from its formerly-private owners and refurbished it with 90% of the funds for the purchase and refurbishment acquired by federal grant, 5% from the State of Illinois, 2.5% Cook County and the village putting up the remaining 2.5%, with the village gaining 100% control of the property. [11]
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