School City of Hobart Operating Referendum Tax Calculator

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School City of Hobart
2025 Operating Referendum
Lake county

How to find your Gross Assessed Value:
1. Visit the Lake County Assessor's website
2. Locate your property tax card by using one of the search bars
3. In the "Valuation Record" section, find the total assessed value of your property

	Estimated Impact of the Proposed School's Operating Referenda


Enter Gross Assessed Value

Gross AV			2025 Ref Tax Rate
Standard Deduction			Proposed Ref Tax Rate
35%/25% Ded
Net AV			Ref Tax Increase
Gross Tax
CB Max			2025 Ref Tax
Exempt Ref Tax			2026 Ref Tax
Actual Tax
	Is this a Homestead Property?		Monthly Tax Increase
	(yes or no)
			Annual Tax Increase





Notes:
1	Real property assessments are adjusted annually due to changes in market conditions. The referenda liability will change in relation to changes in parcel gross assessed values.
2.	Homestead parcels are assumed to have homestead, and supplemental homestead deductions.
3.	For simplicity, local income tax property tax credits and/or over 65 credits have NOT been included in the tax calculator estimate and your actual tax bill may be less than what is estimated in the calculator.
4.	The tax liability is based on an 8 year operating referenda. At the end of the 8 years, the referenda will expire.