Fulton County Leasehold Tax Summary 2377 Rice Lake SFWA.pdf

This is a Leasehold Tax Summary document for the Illinois Department of Natural Resources regarding the Rice Lake State Fish and Wildlife Area (SFWA) farm lease, identified as County Lease Number 2377 in Fulton County. The document presents the financial obligations associated with the agricultural lease on state-owned property spanning 464.5 acres from 2021 through 2025.

The leasehold tax assessments have demonstrated a consistent annual increase over the five-year period, beginning at $7,550.72 in 2021 and escalating to $11,573.42 in 2025, representing a cumulative increase of approximately 53% over the period. The acreage remained constant at 464.5 acres throughout the entire timeframe, indicating that the tax increases reflect rising per-acre valuations rather than changes in property size. This tax summary serves as a financial reference document for the Rice Lake SFWA farm lease operation, providing critical budgetary information for ongoing lease management and administration by the Illinois Department of Natural Resources.