2020 Notice of Property Tax Rates Town of Bartonville

This notice concerns two 2020 property tax rates for the Town of Bartonville. The no-new-revenue tax rate would impose the same amount of taxes as last year if you compare properties taxed in both years. The voter-approval tax rate is the highest tax rate a taxing unit can adopt without an election. 

2020 Notice of Tax Rates in the Town of Bartonville

In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. Rates are given per $100 of property value.

This year's no-new-revenue* tax rate = $0.567145 /$100

* This is the maximum rate the taxing unit can propose unless it publishes a notice and holds a hearing.

This year's voter-approval** tax rate = $0.552177 /$100

** This is the maximum rate the taxing unit can adopt without an election for voter approval.

2020 Proposed Tax Rate

 The 2020 proposed tax rate is $0.192940 per $100 valuation.

On Aug. 18, 2020 a tax rate of $0.192940  was proposed by the Town of Bartonville Town Council for fiscal year 2021. A public meeting on the proposed tax rate will be held on Sept. 15, 2020 at 7 p.m. at Bartonville Town Hall located at 1941 E. Jeter Road. see notice

The following table compares the taxes imposed on the average residence homestead by the Town of Bartonville last year to the taxes proposed to the be imposed on the average residence homestead by the Town of Bartonville this year.


2019
2020
Change
Total Tax Rate (per $100 value)
$0.192940
$0.192940
0% increase
Average homestead taxable value
$587,309
$653,660
11% increase
Tax on average homestead
$1,133
$1,261
11% increase
Total tax levy on all properties
$697,463
$721,598
3% increase