Woodstock adopts 5.65-mill combined city property-tax rate
Woodstock City Council approved a combined city property-tax rate of 5.65 mills for fiscal 2027, according to the city’s August 25 announcement.
Woodstock City Council approved a combined city property-tax rate of 5.65 mills for fiscal 2027, according to the city’s August 25 announcement.
The total includes 5.13 mills for maintenance and operations and 0.52 mills for parks-bond debt service. The previous combined rate was 5.565 mills. Although the numerical rate increased, the city characterized the operating rate as a full rollback under this year’s tax-digest calculation.
The city reported $105 million in net new construction before adjustments for exemption growth. Staff said revenue estimates could change as assessment appeals are resolved.
The parks portion supports repayment of debt associated with the $26.9 million parks and trails program voters approved in 2023. A citywide rate does not by itself determine an individual household’s bill; property values, exemptions and other taxing agencies also matter.
Source: Read the original announcement or official community resource.
Prepared with AI assistance from the linked source. Cover: AI-generated community illustration, not a photograph of the reported event.
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