

| Frequently Asked Questions | ||||||||||||||||||||||||
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What Is Property Tax? |
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| What Is Property Tax? Property tax is a local tax that is imposed by local government taxing districts and is based on a property’s value. Property taxes are collected and spent at the local level and is a major source of tax revenue for local government taxing districts. Who Pays Property Taxes and Who Is Affected By Them? Every person and business in Illinois is affected by property taxes – they either pay the tax or receive services or benefits that are paid for by property taxes. What If I Object To My Tax Bill? |
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What If I Don’t
Receive My Tax Bill? Taxes are always due the 1st week of June and the 1st week of September of each year. If you do not receive a bill by the middle of May you need to call the Treasurer’s Office (309) 888-5180 so that we can mail you a duplicate bill. When you call we will look up the mailing address of the bill to make sure that it is correct, if a change needs to be made you will need to contact the County Assessor’s Office (309) 888-5130. If a mortgage company should request a duplicate bill we are required
to charge the mortgage company $5.00 per Statute 35 ILCS 200/20-12 35 ILCS 200/20-12 How Much Are Interest Penalties and When Are Interest Charges Assessed? The interest penalty is 1.5% per month and in order to follow Statute 35 ILCS 200/21-15 interest charges begin the day after the due date. Statute 35 ILCS 200/21-15 How Is My Tax Bill Calculated? The tax bill takes into account the any new assessment and
the new tax rate. The total tax is calculated by multiplying the Total
Tax Rate by the Taxable Assessed Value (divided by 100). This amount
equals the total taxes due on the parcel for the year. Where Can I Pay My Taxes? The Treasurer’s Office now offers several different options on ways to pay your tax bill.
What If I’ve Sold The Property? It takes a number of months for the name change to go through all of the departments until it is finally changed on the tax bill. If you receive a tax bill for a parcel that you have sold please forward the bill on to the new owner and then contact the County Assessor’s Office at (309) 888-5130 to see when and if the change has been made. Can I Make a Partial Payment? No. Partial payments cannot be accepted, payment must be made in full. Does the Treasurer’s Office Send Receipts for Taxes that are Paid? No, we no longer send receipts for taxes that have been paid. Your cancelled check or bank statement can serve as a receipt or if you need an actual receipt just call our office at (309) 888-5180 and we would be glad to send you one. Who Do I Call If There Is A Problem With My Tax Bill? If there is a problem with your assessment, exemptions, or the address the bill is mailed to you need to call the County Assessor’s Office at (309) 888-5130. If you didn’t receive your bill or have misplaced your bill you can call our office at (309) 888-5180. Or if you have any other questions please call us and we will be glad
to help you. |