Sunday, April 24, 2011

Peoria County Real Estate Tax Bill Received

I have no complaints as I appealed my assessment to the state and won. However, I suspect some homeowners that have never appealed their taxes as the value of their property sunk are very unhappy. Others, as pointed out by an observant citizen, are enjoying another year of having the value of their property under assessed.

No one ever said life was fair. Sort of like saying everybody is born equal. Translation; everyone is supposed to have the same rights.


Noteworthy is my Peoria County taxes went down as they should. Older homes seldom gain in value after they and the neighborhoods around them reach a certain age. Peoria County passed a balanced budget, same as it has the past 8 out of 9 years. Peoria City taxes went up about $110 as expected. Peoria Park Distinct taxes stayed the same; however, Peoria Park taxes are too high for a community this size, coming within about $82 compared with taxes collected to run the entire county. Also, that the park charges for about every activity they present from golf to fitness.

Expect taxes for the Library, Park, City and #150 to rise proportionately larger as more bond payments kick in. Peoria County is iffy four or five years from now depending on the success of the museum and the new Bel-Wood.

And increasing pension costs, only slightly higher for 2010.

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