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Kendall County tax assessor recommends modest cut in tax rate after certified values rise
Summary
Tax Assessor James Hudson reported certified values rose ~8.8% and recommended a county tax rate of 0.377, a modest reduction from 0.3827 that still raises M&O revenue due to new construction; the court generally supported the recommendation and scheduled formal action in August.
Tax Assessor-Collector James Hudson presented the appraisal district’s certified values and a recommended tax-rate path to the commissioners on July 30.
Hudson said the gross certified value (before exemptions and senior freezes) rose to $12,426,949,000, an increase of approximately 8.8% from the prior year, driven in part by about $500 million in new improvements. He explained the no-new-revenue rate (the rate that would produce the same revenue on…
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