Fulton County Leasehold Tax Summary 2355 Double T SFWA-Rice Lake.pdf

This is a Leasehold Tax Summary document prepared by Fulton County related to agricultural farm lease parcels managed by the Illinois Department of Natural Resources within the Double "T" State Fish and Wildlife Area near Rice Lake. The document tracks two separate county lease numbers (2353 and 2355) for the same geographic location over a five-year period from 2021 through 2025. Lease 2355, which is the subject of the associated state contract opportunity for agricultural farming services, encompasses between 342.6 and 472.8 acres depending on the year, with acreage varying significantly across the measurement period.

The tax summary reflects annual leasehold tax assessments for Lease 2355 ranging from a high of $18,534.04 in 2022 to a low of $13,490.86 in 2025, demonstrating a general downward trend in assessed taxes over the five-year period despite fluctuations in acreage. The parallel Lease 2353 shows comparable tax assessments ranging from $24,868.26 to $26,551.98 annually across larger acreage blocks of 444.69 to 577.19 acres. The variation in both taxes and acreage across years suggests changes in property valuation, utilization, or survey adjustments affecting the leasehold tax obligations for these state-owned agricultural properties.