Published by admin on Tue, 11/29/2022 - 3:47pm
The Reed-Custer Board of Education signed off on a six year agreement with Constellation Energy’s Braidwood Station earlier this month, approving the property tax settlement agreement to bring the district millions of tax dollars through the year 2027.
The agreement places the Equalized Assessed value (EAV) of Braidwood Station at $500 million during the life of the agreement.
That agreement would place annual property taxes for Braidwood Station at $29.5 million. Of that, the Reed-Custer School District will collect $19.6 million.