Q: When are property taxes due in Shelby County for FY 2025-2026?
A: Property tax bills are mailed in May with two payment due dates: first installment by July 1st and second installment by September 2nd. Interest of 1.5% is applied monthly to late payments.
Q: What property tax credits are available and do I need to apply?
A: The primary credit is the General Homestead Exemption, which reduces your equalized assessed value by up to $10,000. This credit requires a separate application and is NOT automatic - you must file with the County Assessor's office.
Q: How does the Homestead Exemption work?
A: The Homestead Exemption reduces your property's equalized assessed value by up to $10,000 for owner-occupied residential properties used as your primary residence. This exemption requires application and must be renewed periodically. It does not reduce market value but rather reduces the assessed value used for tax calculations.
Q: How often are properties reassessed in Shelby County?
A: Illinois law requires reassessment every four years, though the County Assessor may conduct more frequent reviews. Property owners receive notice of assessment changes and have the right to appeal during designated appeal periods.
Q: What happens if I pay my property taxes late?
A: Interest of 1.5% is charged monthly on late payments. For the first installment, interest begins accruing on July 2nd. For the second installment, interest begins September 3rd. Additional penalties may apply for extended delinquency.
Q: Can I pay my property taxes online?
A: Yes, online payments are accepted through www.govtechtaxpro.com through September 2nd. After that date, payments must be made directly to the County Treasurer's office.
Q: Why do property tax rates vary within Shelby County?
A: Your total tax rate depends on the combination of taxing districts serving your property, including your specific school district, township, municipality (if applicable), and special districts like fire protection or library districts.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed during designated appeal periods with the Shelby County Board of Review. You'll need evidence supporting your claim that the assessed value is incorrect, such as recent sales comparisons or property condition issues.
Q: What special districts might affect my tax bill?
A: Depending on your location, you may pay taxes to fire protection districts, library districts, park districts, drainage districts, or other special purpose governments. Each adds their own levy to your total tax bill.
Q: Do senior citizens qualify for additional tax relief?
A: Illinois offers various programs for seniors including the Senior Citizens Homestead Exemption and Senior Citizens Assessment Freeze. These require separate applications and have specific age and income requirements. Contact the County Assessor for eligibility details and application procedures.
