Q: When are property taxes due in Clay County?
A: Property taxes are due in two installments: June 1 and August 1. If the first bill is received late, the first payment is due 30 days after the bill date.
Q: What tax credits are available and do they require application?
A: Illinois offers several tax credits that require application: Homeowner Exemption (reduces EAV by up to $10,000), Senior Citizens Homestead Exemption, Senior Citizens Assessment Freeze, Disabled Veterans Exemption, and Homestead Improvements Exemption. None are automatic - all require filing applications.
Q: How does the Homestead Exemption work?
A: The Homestead Exemption reduces your property's equalized assessed value by up to $10,000 for your primary residence. This exemption requires application and must be renewed periodically. It does not reduce market value but reduces the taxable assessed value.
Q: When are properties reassessed?
A: Clay County follows the Illinois assessment cycle. Contact the Supervisor of Assessments for specific reassessment schedules and procedures.
Q: What happens if I pay my taxes late?
A: Late payments incur penalties and interest charges. Continued delinquency can result in tax sale proceedings after a two-year delinquent period.
Q: Can I pay property taxes online?
A: Contact the Clay County Treasurer's office directly for current online payment options and accepted payment methods.
Q: How do special district taxes affect my bill?
A: Your total tax rate depends on which combination of school districts, fire districts, library districts, and municipalities serve your property. Rates vary significantly across different areas of the county.
Q: How do I appeal my property assessment?
A: Appeals follow a structured process: first to the local Board of Review, then potentially to the Illinois Property Tax Appeal Board (PTAB). Specific deadlines and procedures must be followed.
Q: What is the Property Tax Extension Limitation Law (PTELL)?
A: PTELL limits the annual increase in property tax extensions for most taxing districts, providing some protection against dramatic tax increases.
Q: Where can I find my specific tax rate?
A: Contact the Clay County Clerk's office with your property address to determine which specific taxing districts serve your property and the applicable composite tax rate.
