Fiscal Responsibility and Taxes

Tax Base and Rate

While the Huntley area boasts beautiful school facilities, significant investment in new residential construction over the past several years, and a relatively low poverty rate, the District’s tax base is relatively low in comparison to other area districts. This low overall base is largely due to a low commercial property tax base within the area.

Huntley 158’s EAV (Equalized Assessed Value) per student of $132,007 ranks the District in the bottom third of comparable districts. EAV per student is a measure of the property wealth on which the District may levy taxes.

Despite this relatively low tax base, the District’s tax rate of 5.73 per $100 also ranks among the lowest in comparison to area districts.

Typically, a district with a high tax base on which to levy taxes will have a lower tax rate. Likewise, a district with a low tax base must levy at a higher rate to receive adequate funding. This unusual combination of low tax base and low tax rate reflects Huntley 158’s commitment to the highest degree of fiscal and operational efficiency.

To view further detailed reports on the District’s finances, visit the Reports page.