The Township Assessor's Office, although
required by statute only to place a value on real property in the Township,
offers an array of services to the residents of Monee Township.
Types of Exemptions:
General Homestead Exemption:
You are required to own and live on the
property as of the January 1 of the year you are applying for the exemption.
Contract buyers may also qualify for the exemption if they are responsible for
paying the taxes.
Senior Citizen Exemption:
You must be at least 65 years old, own the
property and it must be your primary residence. The exemption is $2,000 off
the assessed valuation.
Senior Citizen Assessment Freeze:
You must be at least 65 years old,
use the property as your primary residence and have a total household
income of $40,000. or less to qualify.
You must re-apply for this exemption every
year.
Home Improvement Exemption:
This exemption is given to those who add to
the square footage of their primary residence, i.e., garage, deck, hanger etc.
The maximum of $45,000 market value is
allowed for this exemption which is good for 4 years. You must present a
building permit and an occupancy as part of the requirements for this
exemption.
Voter Registration:
Voter registration for
residents is available during office hours. Persons wanting to register should
bring two forms of identification.
- Property records maintained for over 5,800 parcels
- Township valuation over 224 million dollars
- Grew 24 million dollars in 1999
Frequently Asked Questions:
Why are taxes so high?
Answer:
The amount of taxes you pay are determined by your taxing bodies; ie School
District, Village Board, Library District, Township Board, Community College
District, etc.
What role does the Township Assessor play in determining taxes?
Answer:
The Township Assessor determines the market value of the properties within the
township boundaries.
The property is assessed at one -third of the market value
by the Township Assessor. Once the Township Assessor places the assessment on
the property, his job is complete as it relates to that particular property.
If there is so much growth in the township, why are taxes so high?
Answer:
Taxes are higher because, your property increased in value and the taxing
bodies asked for more money than they asked for last year. If the growth in the
township wasn't enough to offset the increased spending by the taxing bodies,
Your Taxes Will Increase.
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