Q: When are Grundy County property taxes due for 2025?
A: The first installment is due June 13, 2025, and the second installment is due September 5, 2025. Tax bills are mailed no later than May 13th.
Q: What homeowner tax credits are available and how do I apply?
A: The Homeowner Exemption reduces equalized assessed value by up to $10,000 and requires application. Additional exemptions include Disabled Veterans' exemptions (up to $6,000 reduction in EAV) and Senior Citizens exemptions. All exemptions require separate applications and are not automatic.
Q: How does the Homestead exemption work?
A: The Homestead exemption (Homeowner Exemption) reduces your property's equalized assessed value by up to $10,000, which typically saves $700-$800 annually depending on your tax rate. You must own and occupy the property and file an application with the county assessor.
Q: When do I need to apply for exemptions?
A: The filing deadline for most exemptions, including the Homeowner Exemption, is December 31st of each year. For disabled veterans' exemptions, you must have owned and occupied the property for two years before applying.
Q: How often are properties reassessed in Grundy County?
A: Illinois law requires reassessment at least every four years, though some counties reassess more frequently. Contact the Grundy County Assessor's office for the specific reassessment schedule and appeal deadlines.
Q: What are the penalties for late property tax payments?
A: Late payments typically incur interest charges and penalties. Contact the Grundy County Treasurer's office for current penalty rates and payment options for delinquent taxes.
Q: Can I pay my property taxes online?
A: Many Illinois counties offer online payment options. Check the Grundy County Treasurer's website for available electronic payment methods and any associated convenience fees.
Q: Why do property tax rates vary within Grundy County?
A: Tax rates depend on which combination of local taxing districts serve your property, including school districts, municipalities, townships, fire districts, park districts, and other special districts. Each district sets its own levy, creating different total rates across the county.
Q: What is the Property Tax Extension Limitation Law (PTELL)?
A: PTELL limits the annual increase in property tax extensions for most taxing districts to 5% or the rate of inflation, whichever is less. This helps control property tax growth, though new construction and voter-approved increases can exceed these limits.
Q: How do I appeal my property assessment?
A: Property assessment appeals must be filed with the Grundy County Board of Review within specific deadlines, typically 30 days after assessment notices are mailed. Contact the County Assessor's office for appeal procedures and required documentation.
