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Property tax rate will be lower, but tax bills may not reflect that

The city of Kewanee’s property tax rate will be lower for next year. But residents’ tax bills might be higher anyway. The reason: Property values in the city have been increasing, leading to higher tax appraisals for homes and businesses. Property taxes are based on a tax rate created by taxing districts like the city,… Continue reading Property tax rate will be lower, but tax bills may not reflect that

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