An increase in your tax bill can be caused by;
A.) An increase in your assessment caused by either;
a.) An amount added to your assessment as a result of new construction
b.) A revaluation of your area by the Township Assessor
c.) An equalization factor applied by either 1.) the County Supervisor of Assessments to equalize the level of assessments of all the townships in the County or by the Illinois Department of Revenue to equalize the level of assessments of all the counties in the state
d.) Farmland revaluation based on EAVs certified to the County from the Illinois Department of Revenue
e.) Any combination of the above
B.) An exemption being removed from your property.
C.) An increase in your tax rate caused by either;
a.) Taxing bodies increasing their levies at a faster rate than the tax base is increasing
b.) Taxing bodies levying for the same or less money while the tax base is shrinking faster than the percentage of reduction
c.) Voter approval of a referendum to increase the tax rate.
D.) Any combination of the above.
The tax rate is determined by the County Clerk. The tax rate is based on (1) the size of the tax base, (2) the amount levied by the local units of government, (3) statutory limits and (4) voter's response to property tax related referendum issues. Local citizens can influence spending by making their views known to the proper officials. The assessor has no control over the tax rate.
Your Township Assessor has specific information about your property and other properties in your township. They can best explain how your assessment was arrived at. If you have general assessment questions, the Supervisor of Assessments Office can explain the assessment process and how it relates to your property's market value.
The assessed value relates directly to the market value of the property. Even though both homes are the same size, factors like age, condition, central air conditioning, fireplaces, garages, land size, etc. affect the market value. Therefore, the assessed value is affected. Any specific questions should be directed to your Township Assessor.
A. A Notice of Real Estate Assessment is a form mailed to property owners every time the assessed value of their property has been changed by the Township Assessor. It states what the new assessed value of the property is and in which newspaper all the changes by the assessor within the township may be found. The notice is not a tax bill and it does not state the amount of tax to be paid. If the property owner believes their assessed value is incorrect he/she should first contact the Township Assessor. If they are still dissatisfied after the discussion with the Assessor, complaint procedures are available through the Board of Review. The complaint must be filed by the deadline which is 30 days after the assessments were published.
B. 2019 (and every fourth year after) is a General Assessment Year (formerly referred to as a Quadrennial Year). During these years every property must be viewed by the Township Assessor and, if necessary, revalued. In a General Assessment Year, every taxpayer receives a notice of the assessed value and the assessment of every parcel of real estate is published in a local newspaper with the Property Identification Number (PIN), the name of the taxpayer, and the total assessment. This notification is made whether there is an assessment change or not. In intervening years, publication and notices are required only for the parcels changed by the Township Assessor.
Contact the County Treasurer's Office (815-319-4400) between 8:00 a.m. and 5:00 p.m., Monday through Friday.
Property taxes are assessed to the property in question, not individuals. All taxes are due for the full calendar year. Any prorating of the tax amount due, based on the length of ownership during the year, is between the buyer and the seller.
Because the property owner should be aware of the amount of taxes due and other valuable information printed on the tax bill, state law requires that you get copies of all such information pertaining to your property. If you are not receiving a copy of your tax bill, there may be other important assessment changes, exemption renewals, or equalization information you are not receiving. Contact your mortgage company or contract seller regarding this situation.
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