Cass County Leasehold Tax Summary 2245 JEPC SFWA.pdf

This is a Cass County Leasehold Tax Summary document related to an agricultural farm lease opportunity administered by the Illinois Department of Natural Resources for the Jim Edgar Panther Creek State Fish & Wildlife Area. The document provides tax assessment data for Cass County Lease Number 2245, which covers the Jim Edgar Panther Creek S.F.W.A. property. The lease encompasses 615.33 acres in 2023, expanding to 655.8 acres in both 2024 and 2025. The Illinois Department of Natural Resources is seeking bids for agricultural farming services on this state-owned property, with detailed locations and acreage information provided in the associated Invitation for Bid.

The tax obligations for the leasehold have increased annually, with 2023 taxes assessed at $22,473.80, 2024 taxes at $29,750.48, and 2025 taxes projected at $31,439.70. These escalating tax amounts reflect both the expansion in acreage under lease and potential increases in assessed valuations. The tax data demonstrates the financial commitments associated with the agricultural lease and provides prospective bidders with information regarding the ongoing property tax liabilities that may be relevant to their bid pricing and operational cost projections.