Status of Property in Belvidere Township for 2011

 Total Parcel Count for 2011 – 11,474

 Residential – 10,313

Commercial – 570

Industrial – 203

Farm – 388

 2011 Assessed Value – $595,983,571 for 2012 tax year (10.87% reduction from the prior year total of $667,993,241)

 Belvidere Township accounts for 47% of the total of all parcels in Boone County and 53.7% of the County’s total assessed valuation.

 The 2011 Belvidere Township Sales study (Three Year Averaging) includes sales from 2008, 2009 & 2010

 2008 – Market Values & Sales Prices Started to Decline

2009 – Market Values & Sales Prices Continued to Decline

2010 – Market Values & Sales Prices Still Continued to Decline

 As a Result of This, We Will Again Be Adjusting Our Assessed Valuations Downward