BOONE COUNTY CONSERVATION DISTRICT


 

 

Information on these pages provides a look at how other local governmental entities could be affected financially, if land in Bonus and Spring Townships were exempted from property taxes.  The Boone County Conservation District usually applies for exemption from property taxes on lands it owns and manages.  The information is based on the following: 

 --> 2003 tax rates of Bonus Township, Spring Township, and Boone     County

--> An estimated total number of acres from each township (the assumption being made that the financial impact would occur in a single fiscal year – in reality, this isn’t even remotely possible, but is done to show what the total potential impact could be)  

--> All tax information was provided by the Boone County Supervisor of Assessments

--> There are notes inserted at various points to emphasize specific considerations

 

Bonus Township Data – Draft copy

Note:                Excludes Garden Prairie as outlined in current comprehensive plan, excludes all subdivision lots and/or rural residential properties.

 Total Acres of Farmland:                                Approximately 2453 acres

 Total Assessment - Farmland:                       571,356

 Total Assessment – Buildings:                      85,963

 Total Assessment                                            657,319

 Rate * 657,319/100 =                                         Rate * (6,573.19)

        

Taxing District

Tax

Rate

Totals in $$

Boone County Taxes collected in Bonus Township

Corporate

0.2695

 

Bonds & Interest

0.0000

 

IMRF

0.0884

 

County Highway

0.0892

 

County Bridge

0.0499

 

Matching Tax

0.0499

 

County Health

0.0082

 

Liability Insurance

0.0777

 

Social Security

0.0644

 

Extension Education

0.0156

 

Senior Citizens

0.0206

 

County Health

0.0282

 

 

 

 

Total County

 

0.7616

$5006.80

Township Taxes

 

 

 

Corporate

0.0868

 

Cemetery

0.0072

 

Liability Insurance

0.0130

 

Social Security

0.0203

 

General Assistance

0.0122

 

Road and Bridge

0.3050

 

County Bridge

0.0198

 

Permanent Road

0.1034

 

Equipment & Building

0.0297

 

Total Township

 

0.6096

$4007.02

 

 

 

 

School Dist. 100

 

4.0255

$26,460.38

EC511

 

0.4086

$2,685.81

Fire Dept. 02

 

0.0834

$548.20

MT 02

 

0.0935

$614.59

CVBC

 

0.0817

$537.03

Total Special Dist.

 

4.6927

$30,846.01

 

 

 

 

Total for All

 

6.0640

$39,859.83

 

Spring Township Data – Draft copy

 

Note:      Excludes Garden Prairie as outlined in current comprehensive plan, excludes all subdivision lots and/or rural residential properties.

 Total Acres of Farmland:                                Approximately 3,466 acres

 Total Assessment - Farmland:                       566,125

 Total Assessment – Buildings:                       38,845

 Total Assessment                                             604,970

 Rate * 604,970/100 =                                          Rate * (6,049.70)

 

Taxing District

Tax

Rate

Totals in $$

Boone County Taxes collected in Spring Township

Corporate

0.2695

 

Bonds & Interest

0.0000

 

IMRF

0.0884

 

County Highway

0.0892

 

County Bridge

0.0499

 

Matching Tax

0.0499

 

County Health

0.0082

 

Liability Insurance

0.0777

 

Social Security

0.0644

 

Extension Education

0.0156

 

Senior Citizens

0.0206

 

County Health

0.0282

 

 

 

 

Total County

 

0.7616

$4,608.06

Township Taxes

 

 

 

Corporate

0.1366

 

Cemetery

0.0252

 

Liability Insurance

0.0221

 

Social Security

0.0181

 

General Assistance

0.0018

 

Road and Bridge

0.3121

 

County Bridge

0.0248

 

Permanent Road

0.0837

 

Equipment & Building

0.0350

 

Total Township

 

0.6594

$3,989.17

 

 

 

 

School Dist. 100

 

4.0255

$24,353.07

EC511

 

0.4086

$2,471.91

Fire Dept. 02

 

0.0834

$504.55

MT 02

 

0.0935

$565.65

CVBC

 

0.0817

$494.26

Total Special Dist.

 

4.6927

$28,389.43          

 

 

 

 

Total for All

 

6.1138

$36,986.66

 

 

Draft copy

 

Summary of tax assessments for properties located in the area associated with the Crow’s Foot Marsh Conservation Concept:

 

Note:                Excludes Garden Prairie as outlined in current comprehensive plan, excludes all subdivision lots and/or rural residential properties.

 Total Potential Acres

(Bonus & Spring Township Combined)             5,919

 Total Assessments:                                            1,262,289.00

 Spring Township Revenues:                              $3,989.17

 Bonus Township Revenues:                              $4,007.02

 Total County Revenues:                                     $9,614.86

 


Taxing Body


Rate

Combined Totals for Bonus & Spring Townships

School Dist. 100

4.0255

$50,813.45

EC511

0.4086

$5,157.72

Fire Dept. 02

0.0834

$1,052.75

MT 02

0.0935

$1,180.24

CVBC

0.0817

$1,031.29

Total Special Dist.

4.6927

$59,235.44

 

Combined Annual Revenues for all taxing bodies – from the entire 5919 acres, based on the most recent data provided by the Boone County Supervisor of Assessments:                $76,846.49