Notice of Public Hearing for 2017 Tentative Equalization Factor

In accordance with Section 17-20 of the Property Tax Code (35 ILCS 200/17-20), notice is hereby given that a public hearing will be held at 2:00 P.M. Thursday, February 08, 2018, in the Offices of the Department of Revenue, 101 West Jefferson Street, Springfield, Illinois, for the purpose of taking evidence which may be pertinent to the Department's estimate of the percent to be added to or deducted from the aggregate assessment of locally assessed property in Boone County for the assessment year 2017. This hearing is required by the Property Tax Code.

Based on the comparison of assessed valuations, the analysis of property transfers, and other available information, the estimated percentage to be subtracted from the aggregate assessment of locally assessed property other than property assessed under Sections 10-110 through 10-140 and 10-170 through 10-200 of the Property Tax Code (35 ILCS 200/10-110 through 10-140 and 10-170 through 10-200) is -1.71%. Accordingly, the tentative equalization factor is 0.9829.

This meeting will be accessible to handicapped individuals in compliance with Executive Order #5 and pertinent state and federal laws upon notification of anticipated attendance. Handicapped persons planning to attend and needing special accommodations should contact Rhonda McCombs, either by telephone (217/782-3627) or letter (Department of Revenue, Property Tax Division MC- 3-450, 101 West Jefferson Street, P. O. Box 19033, Springfield, Illinois 62794-9033), by Thursday, February 01, 2018, to inform of their anticipated attendance.