Legal Debt Limit The Illinois School Code imposes a statutory limit of 13.8 percent on the ratio of the total outstanding property tax - supported debt that a school district may borrow compared with a school district's equalized assessed value, which generally represents a fraction of total property value in the district. (cps.edu)
Many retirees qualify for alternative lower cost «single purpose» government sponsored reverse mortgage programs, or low interest loans, when funds are needed for home improvement repairs or to pay outstanding property taxes. (treesfullofmoney.com)
They also had to pay a total of $ 2,100 in legal fees, plus $ 3,500 in land transfer taxes, moving fees of $ 3,000, and outstanding property taxes of $ 1,420. (moneysense.ca)