2021 Property Tax Rates Town of Bartonville


2021 Adopted Tax Rate

 The 2021 adopted tax rate is $0.173646 per $100 valuation. This is a 10.00% decrease from the current property tax rate.

On September 21, 2021 a tax rate of $0.173646 was adopted by the Town of Bartonville Town Council for fiscal year 2022.

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


2020
2021
Change
Total Tax Rate (per $100 value)
$0.192940
$0.173646
10.00% decrease
Average homestead taxable value
$653,660
$641,547
1.85% decrease
Tax on average homestead
$1,261
$1,114
11.65% decrease
Total tax levy on all properties
$740,293
$715,318
3.37% decrease



This notice concerns two 2021 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. 

2021 Notice of Tax Rates in the Town of Bartonville

Tax Calculation Work Sheet

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 = $0.186149 /$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 = $0.215679 /$100

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