Q: When are property taxes due in Hancock County?
A: For 2024 taxes payable in 2025, the first installment is due June 27, 2025, and the second installment is due September 5, 2025. Tax bills are mailed May 23, 2025.
Q: What tax credits are available and do I need to apply?
A: The primary credit is the Homestead Exemption, which reduces your equalized assessed value by up to $10,000. This credit requires annual application and is NOT automatic. Additional credits may be available for seniors, veterans, or disabled persons, all requiring separate applications with specific deadlines.
Q: How does the Homestead Credit work?
A: The Homestead Credit doesn't reduce your market value - it caps the annual increase in your assessed value for tax purposes. You must file an application with the Chief County Assessment Office annually. This credit limits assessment growth, providing tax stability for owner-occupied homes.
Q: How often are properties reassessed?
A: Illinois law requires annual assessments, but Hancock County may use a cyclical approach where different areas are physically inspected in different years while maintaining annual valuations based on market data and statistical analysis.
Q: What happens if I pay my property taxes late?
A: Late payments incur immediate penalties and interest charges. After the second installment due date, unpaid taxes begin accruing interest monthly, and properties can eventually be subject to tax sale proceedings.
Q: Can I pay my property taxes online?
A: Contact the Hancock County Treasurer's office to inquire about online payment options, accepted payment methods, and any associated convenience fees for electronic payments.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the Hancock County Board of Review within specific deadlines after receiving your assessment notice. Contact the Chief County Assessment Office for appeal forms and procedures.
Q: Do special districts affect my tax rate?
A: Yes, your total property tax rate depends on all taxing districts that serve your property, including school districts, fire districts, library districts, and others. Properties in different areas of the county may have significantly different total rates.
Q: What if I disagree with a supplemental tax assessment?
A: Supplemental assessments can be appealed using the same process as annual assessments. Contact the assessment office immediately if you believe a supplemental assessment is incorrect, as appeal deadlines are typically short.
Q: Where can I get help with property tax questions?
A: Contact the Hancock County Chief County Assessment Office at ccao@hancockcounty-il.gov for assessment and exemption questions, or the County Treasurer's office for payment and billing questions.
