CITY OF O'FALLON

Shall the City of O'Fallon, St. Clair County, Illinois, use $5 million of reserves and increase property taxes to repay general obligation bonds in an amount not to exceed $17,500,000 for the purpose of constructing and equipping a new public library? If approved, the estimated additional cost for the median-valued O'Fallon home ($296,000) would be approximately $127 per year (about $10.60 per month). Actual amounts will vary based on a property's assessed value, future interest rates, and changes in the City's equalized assessed valuation.