Nunda Township Assessor s Monthly Meeting Report

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1 Nunda Wi-Fi = NundaGuest Password = TownshipGuest Nunda Township Assessor s Monthly Meeting Report Mission Statement The Nunda Township Assessor s office mission is to administer the township assessment program in a manner that will result in public confidence, we will be diligent in our responsibilities, we will strive to deliver the highest degree of accuracy, productivity as well as fairness, all while continuing to be good financial stewards with the resources the taxpayers have entrusted us with, and always remembering it is the taxpayers we are here to serve. Meeting Date April 10, 2018 Meeting Time 7:00 P.M. Location Nunda Township Town Hall Prepared By Mark S. Dzemske Nunda Township Assessor

2 Mark S. Dzemske C.I.A.O. - M NUNDA TOWNSHIP ASSESSOR 3510 BAY ROAD CRYSTAL LAKE, IL Phone Fax April 9, 2018 Lee Jennings Joni Smith Justin Franzke Robert Parrish Tim Parrish Karen Tynis Re: April Monthly Meeting The preparation of the 2018 assessment is well underway and the planned closing of the assessment roll by June 1 st 2018 remains a realistic goal. The upgrade of the server and miscellaneous hardware in the office has been completed. The upgrade as well as on-going support was completed while presenting a budget that reflects a 5.50% decrease in spending in the assessment office year over year. The office remains very busy as we continue move towards the closing of the assessment roll, and preparing for the upcoming release of the 2017 Tax Bills. Activity in the office currently centers on data collection both in the field as well in the office thru the monitoring of sales activity and processing of building permits. New development within the township remains sporadic, the largest activity is centered in McHenry with the on-going development of Patriot Estates. It is worth noting the City of Crystal Lake has approved a new housing development which is proposed to be developed on approximately 310 Acres and will be a mixture of 319 Single Family Homes, 105 age targeted Single Family Homes and 68 Townhomes. The development is known as Woodlore Estates and will be developed by Lennar Homes. The development site is located off the East side of Route 31 North of 176 (This is the former proposed Preston Pines site) The Real Estate market remains active and changes in the median sale prices year over year have been seen as follows: The Condominium Market shows over 10% increase in the Median Sale Price, the Townhome Market shows an increase of 3.46% and Single Family shows an increase of 2.32%. The numbers cited above are meant to provide a broad overview. These are not necessarily reflective of each area thru-out the township. Please remember I am available for any questions or concerns. Respectively submitted, Mark S. Dzemske Nunda Township Assessor CIAO M

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4 Office Support Staff Activity Nunda Township Sales Activity Sale Year Parcels Transferred 985 1,184 1,056 Number of Sales Office Support Staff Activity Nunda Township Sales Activity January thru March Sale Year Parcel Transferred Number of Sales Data Collection Activity Year to Date Activity (01/01/2018 thru 03/31/2018) Update Activity 249 (Office Generated) Permit Activity 320 March Website 99 Photos Uploaded In addition, the team has been spending a great deal of time updating our data base in preparation of the 2019 General Assessment year. Exemption information is being verified, ownership record changes have now been streamlined by receiving monthly reports of ownership changes that do not occur thru the traditional buy / sell process. These activities as well as some of the many others that are occurring within the assessment office, allows us to rely on verified, and credible information which leads to well thought out and defendable property assessments.

5 A look at 2017 Levy s (Requests for Spending) and corresponding Tax Rates Assessment year 2017 was the third straight year the assessment base has experienced an increase. The increase comes from a number of reasons such as, new construction, Reclassification of property and equalization factors applied to the assessment roll. When the assessment roll begins to expand and Taxing Authorities hold the line on spending or hopefully decrease spending (Levy), we will begin to experience lower tax rates. Based on the attached information it appears the median tax rate for tax year 2017 is $ per hundred dollars of assessed value, in comparison the median tax rate for tax year 2016 was $ per hundred dollars of assessed value. Based on this information the % change from the 2016 median tax rate to the 2017 median tax rate is -2.66% The median % change of just the 2017 tax rates is -3.62%. I have also attached the 2017 and 2016 Tax Year Taxing Authority Levy (Spending) Requests. As you can see a decrease in the Tax Rate is not always due to a decrease in Levy (Spending) requests. The reality is, with the increase in the assessment roll if the taxing authority would have maintained a flat levy (request for spending) we would have experienced lower tax rates. Note: The tax rates that have been calculated based on the Taxing Authorities levy requests (spending requests) that are on the following pages, will be used by the McHenry County Treasurer to calculate your 2017 tax bill. The tax bills should be mailed from the McHenry County Treasurer by the second week of May (Estimated Date) Remember Tax Bill calculations are as follows; 2017 Equalized Assessed Value minus exemptions, multiply by tax rate = Tax Bill. Remember exemptions equal tax savings, when you receive your tax bill, be sure and review to be certain you are receiving all possible exemptions. If you have any questions or concerns please contact our office at

6 Nunda Township Taxing Authorities Tax Rate History Ranking According to 2017 Taxing Authority Tax Rate Tax Year 2016 Tax Year 2017 % Change Current Ranking Previous Year Ranking Taxing Authority McHenry County % Nunda Township Cemetery % McHenry County Conservation % College District MCC % School District % 3 3 School District % 6 6 School District % 4 4 School District % 5 5 Schhol District % 8 7 School District % 7 8 School District % 2 2 School District % 1 1 Cary Fire Protection % Crystal Lake Rural Fire Protection % McHenry Fire Protection % Nunda Rural Fire Protection % Wauconda Fire District % Cary Public Library % Crystal Lake Library % McHenry Library % River East Public Library % Woodstock Rural Library % Wauconda Area Library % Cary Park Distirct % Crystal Lake Park District % Northern Moraine W R % Village of Port Barrington SSA % 9 9 Village of Port Barrington SSA % Nunda Township % Nunda Township Road & Bridge % Village of Bull Valley % City of Crystal Lake % Crystal Lake (City) Fire Protection % Village of Port Barrington % Village of Holiday Hills % Village of Island Lake % Village of Lakemoor % City of McHenry % Village of Oakwood Hills % Village of Prairie Grove % 25 26

7 Nunda Township Taxing Authorities Levy / Spending History Ranking According to 2017 Taxing Authority Levy Amount Taxing Authority Tax Year 2016 Tax Year 2017 % Change 2017 Ranking 2016 Ranking McHenry County $79,424, $71,839, % 2 1 Nunda Township Cemetery $10, $20, % McHenry County Conservation $7,794, $7,794, % College District MCC $26,774, $26,766, % 6 6 School District 15 $47,278, $48,457, % 4 5 School District 26 $19,751, $20,260, % 8 8 School District 46 $10,406, $10,659, % 9 9 School District 47 $69,569, $71,269, % 3 3 Schhol District 155 $70,152, $71,870, % 1 2 School District 156 $22,941, $23,515, % 7 7 School District 118 $5,804, $5,995, % School District 200 $48,833, $48,333, % 5 4 Cary Fire Protection $3,955, $4,054, % Crystal Lake Rural Fire Protection $1,588, $1,619, % McHenry Fire Protection $7,106, $7,286, % Nunda Rural Fire Protection $930, $953, % Wauconda Fire District $809, $837, % Cary Public Library $1,826, $1,872, % Crystal Lake Library $4,494, $4,588, % McHenry Library $3,180, $3,180, % River East Public Library $234, $246, % Woodstock Rural Library $392, $401, % Wauconda Area Library $455, $470, % Cary Park Distirct $3,637, $3,724, % Crystal Lake Park District $5,671, $5,814, % Northern Moraine W R $85, $82, % Village of Port Barrington SSA 3 $79, $79, % Village of Port Barrington SSA 4 $57, $57, % Nunda Township $984, $981, % Nunda Township Road & Bridge $3,165, $3,165, % Village of Bull Valley $383, $383, % City of Crystal Lake $3,738, $4,066, % Crystal Lake (City) Fire Protection $8,140, $8,415, % Village of Port Barrington $86, $88, % Village of Holiday Hills $31, $31, % Village of Island Lake $664, $654, % Village of Lakemoor $237, $241, % City of McHenry $4,618, $4,618, % Village of Oakwood Hills $287, $294, % Village of Prairie Grove $360, $367, % Does not Include Un-Capped Portion of Levy