Details for ARGENTA OREANA CUSD #1 - Ad from 2019-11-29

Notice of Proposed Property Tax Increase For Argenta-Oreana Community Unit School District #1 I. A public hearing to approve a proposed property tax levy increase for Argenta-Oreana Community Unit School District Number One for 2017 will be held on December 9, 2019 at 6:00 p.m. at the Argenta-Oreana Middle/High School Library, 500 N. Main St., Argenta, IL 62501. Any person desiring to appear at the public hearing and present testimony to the taxing district may contact Damian D. Jones, Sr., Superintendent, 500 N. Main St., PO Box 440, Argenta, IL 62501, Telephone 217/795-2313. II. The corporate and special purposes property taxes extended or abated for 2019 were $5,054,847.78. The proposed corporate and special purpose property taxes to be levied for 2020 are $5,212,500.00. This represents a 3.1188% increase over the previous year. III. The property taxes extended for debt services and public building commission leases for 2019 were $790,452.78. The estimated property taxes to be levied for debt services and public building commissions for 2020 are $1,318,340.00. This represents a 66.7829% increase over the previous year. IV. The total property taxes extended or abated for 2019 were $5,845,300.56 The estimated total property taxes to be levied for 2020 are $6,530,840. This represents a 11.7280% increase over the previous year.

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