Tax Code Example
The properties used for this example are worth $450,000 in the City of Naperville. Assessing each property at 1/3 fair market value produces and assessed value of $150,000. To calculate the taxes for the properties, the residential exemption ($6000) is subtracted from the assessed value and this figure is multiplied by the tax rates for the areas.
2013, Tax Code 7025 Example: $450,000 Property Value, Tax Rate of 7.2779.
| Taxing Body | Rate | Tax |
|---|---|---|
| School District #203 | 5.3862 | $7,756.13 |
| City of Naperville | 0.5363 | $772.27 |
| Park District | 0.3358 | $483.55 |
| Library | 0.2465 | $354.96 |
| College of DuPage | 0.2965 | $425.66 |
| DuPage County | 0.204 | $293.76 |
| Forest Preserve | 0.1657 | $238.61 |
| Naperville Township | 0.0515 | $74.16 |
| Naperville Township Hwy | 0.0385 | $55.44 |
| Airport Authority | 0.0178 | $25.63 |
| TOTALS | 7.2779 | $10,480.17 |
Tax Distribution
- Unit District 203 (%)74.01
- City of Naperville (%)7.37
- Park District (%)4.61
- Library (%)3.39
- College of DuPage (%)4.06
- DuPage County (%)2.8
- Forest Preserve (%)2.28
- Naperville Township (%)0.71
- Naperville Township HWY (%)0.53
- Airport Authority (%)0.24