Property Tax Relief Information @ Your Libraries

Do you think you have no way of reducing your property taxes?
Better check again! Obviously we are librarians and not tax experts, but we can point you in the right direction if you need help finding the right forms or information.

Will County Property Tax Exemptions and Assistance - There are a number of programs that allow qualifying homeowners to reduce their property taxes, such as:

The Homestead Exemption
Most homes qualify and did you know that this exemption was recently increased to $5,500 per year?
Senior Citizen Homestead Exemption
An extra bit of help for seniors that has recently been increased to $4,000 per year.
Senior Citizen Assessment Freeze
This is a program which freezes assessments, so long as the resident is 65 or older and has a household income of $55,000 or less.

Senior Citizen Real Estate Property Tax Deferral Program
NOTE: This program enables qualified persons aged 65 or older to defer payment of their property tax. A qualified senior may defer from 1% to 100% of property taxes. The State of Illinois then pays the taxes, with annual interest. The deferred tax and interest do not become due until the death of the property owner or the sale of the property. Required Forms IL-1017 and IL-1018 are available at www.willcountytreasurer.com under “Forms” and “Senior Citizens”.

Veterans
There are also a number of property tax exemptions for qualifying veterans.

To acquire forms or for more information regarding any of these programs, contact the Will County Treasurer’s Office online at www.willcountytreasurer.com , email them at treasurer@willcountyillinois.com or visit them in the Will County Office Building at 302 N. Chicago Street in Joliet. You may also reach the Treasurer’s Office by calling (815) 740-4675.