PROPOSITION TO CREATE A NEW TAX RATE FOR EMERGENCY AND RESCUE FUND PURPOSES

Shall the Algonquin-Lake in the Hills Fire Protection District, Kane and McHenry Counties, Illinois, be authorized to levy a new tax for emergency and rescue crews and equipment purposes and have an additional tax of .10% of the equalized assessed value of the taxable property therein extended for such purposes?

(1) The approximate amount of taxes extendable at the most recently extended limiting rate is $8,861,489, and the approximate amount of taxes extendable if the proposition is approved is $9,758,419.


(2) For the 2016 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 $33.33.