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Article: Voters approve Grandwood Park District referendum
- Article from:
- Gurnee Review (IL)
- Article date:
- March 23, 2000
- Author:
CopyrightCopyright 2000, Gurnee Review, Pioneer Press. All rights reserved. REPRODUCTION PROHIBITED. (Hide copyright information)
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Commissioners on the Grandwood Park District have to be feeling pretty good this week after passing their first referendum in the history of the park district.
By a final vote of 147 to 125, voters living in the Grandwood Park District boundaries approved a 15 cent tax rate increase per $100 of equalized assessed valuation, to reach a final tax rate of 25 cents.
With the added increase, homeowners in the park district boundaries who own a $150,000 home will be paying an addition $75 in property taxes to the Grandwood Park District.
According to the park district board president, the park district could see as much as $142,000 in revenue this year with the tax increase. Last year, the park ...