The following is from Saturday, October 13, 2012 Rockford Register Star, page A4.
Property values are down; levies up slightly; rates drastically increasing. Your actual tax dollar paid for township should be closed to the same as last year assuming your assessed valuation has decreased at least as much as the 13.3% decrease in total EAV.
If your assessment is frozen (as many seniors with moderate income,under $55,000) expect sizeable increases in dollars paid for taxes.
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