The levy imposed on real estate within a specific Midwestern county funds essential public services such as schools, libraries, and emergency services. This levy is calculated by multiplying the assessed value of a property by the applicable millage rate established by local governing bodies. For example, a property assessed at $200,000 with a millage rate of 0.025 would incur a $5,000 annual charge.
This localized funding mechanism ensures the continued operation and maintenance of vital community infrastructure and resources. Historical variations in these rates reflect changing economic conditions, community needs, and legislative priorities. Understanding how these rates are determined and their impact on individual property owners contributes to informed civic engagement and responsible financial planning.