§ 18-225 — Annexed or disconnected property

If property is annexed into the taxing district or is disconnected from a taxing district during the current levy year, the calculation of the limiting rate under Section 18-185 is not affected. The rates as limited under this Law are applied to all property in the district for the current levy year, excluding property that was annexed after the adoption of the levy for the current levy year.

Legislative History

(Source: P.A. 88-455; 89-1, eff. 2-12-95.)