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VILLAGE OF EAST DUNDEE
ADVISORY REFERENDUM
Shall video gaming be prohibited in the Village of East Dundee?
VILLAGE OF WAYNE
PROPOSITION TO INCREASE THE LIMITING RATE
Shall the limiting rate under the Property Tax Extension Limitation Law for the Village of Wayne, DuPage and Kane Counties, Illinois, be increased by an additional amount equal to 0.1745% above the limiting rate for the purpose of maintaining the current level of Village services of the Village of Wayne for levy year 2008 and be equal to 0.4972% of the equalized assessed value of the taxable property therein for levy year 2010?
(1) The approximate amount of taxes extendable at the most recently extended limiting rate is $647,250 and the approximate amount of taxes extendable if the proposition is approved is $997,258.
(2) For the 2010 levy year the approximate amount of the additional tax extendable against property containing a single family residence and having a fair market value at the time of the referendum of $100,000 is estimated to be $58.17.
(3) If the proposition is approved, the aggregate extension for 2010 will be determined by the limiting rate set forth in the proposition, rather than the otherwise applicable limiting rate calculated under the provisions of the Property Tax Extension Limitation Law (commonly known as the Property Tax Cap Law).
SUGAR GROVE LIBRARY
PROPOSITION TO INCREASE THE LIMITING RATE
Shall the limiting rate under the Property Tax Extension Limitation Law for the Sugar Grove Public Library District, Kane County, Illinois, be increased by an additional amount equal to 0.10702% above the limiting rate for library purposes for levy year 2008 and be equal to 0.20% of the equalized assessed value of the taxable property therein for levy year 2009?
(1) The approximate amount of taxes extendable at the most recently extended limiting rate is $501,834.80, and the approximate amount of taxes extendable if the proposition is approved is $1,079,446.76.
(2) For the 2009 levy year the approximate amount of the additional tax extendable against property containing a single family residence and having a fair market value at the time of the referendum of $100,000 is estimated to be $35.68.
(3) If the proposition is approved, the aggregate extension for 2009 will be determined by the limiting rate set forth in the proposition, rather than the otherwise applicable limiting rate calculated under the provisions of the Property Tax Extension Limitation Law (commonly known as the Property Tax Cap Law).
HAMPSHIRE PARK DISTRICT
PROPOSITION (1) TO ISSUE $4,900,000 PARK BONDS
Shall bonds of the Hampshire Park District, Kane County, Illinois, to the amount of $4,900,000 be issued for purposes of building, maintaining, improving and protecting the Bruce Ream Park and other park facilities located within said Park District and paying and retiring its general obligation limited tax park bonds and debt certificates issued to finance improvements to existing facilities and new building construction within said Park District?
PROPOSITION (2) TO INCREASE THE LIMITING RATE
Shall the limiting rate under the Property Tax Extension Limitation Law for the Hampshire Park District, Kane County, Illinois, be increased by an additional amount equal to 0.0500% above the limiting rate for park purposes for levy year 2008 and be equal to 0.1397% of the equalized assessed value of the taxable property therein for levy year 2009?
(1) The approximate amount of taxes extendable at the most recently extended limiting rate is $276,039.02, and the approximate amount of taxes extendable if the proposition is approved is $429,906.93.
(2) For the 2009 levy year the approximate amount of the additional tax extendable against property containing a single family residence and having a fair market value at the time of the referendum of $100,000 is estimated to be $16.67.
(3) If the proposition is approved, the aggregate extension for 2009 will be determined by the limiting rate set forth in the proposition, rather than the otherwise applicable limiting rate calculated under the provisions of the Property Tax Extension Limitation Law (commonly known as the Property Tax Cap Law).
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