Mortgage Company

If this is your mortgage company, then the Will County Treasurer has already provided it with your tax bill.  This bill is for your records.

Tax Code

The tax code identifies the taxing districts that make up your bill.

2006 Market Value

The market value is the equalized valuation times 3 (61,924 x 3 = 185,772).

Assessed Valuation

Assessed valuations are determined by your Township Assessor.

Exemptions

All approved exemptions. Check for homestead and senior citizen exemptions.

Taxing District

Names of the taxing districts in which your property is located.

Last Year's Taxes

Last year's tax rates and amounts for comparison. The total tax rate and total amount appear at the bottom of the column.

Pension Amounts

The Pension Amounts are part of your total tax amount but are listed separately.

Current Taxes

The current tax rates and amounts are calculated by multiplying the net equalized valuation times the tax rate as a percent (35,553 x .1394% = 49.56). The total tax rate and total amount appear at bottom of column.

Installment Payment Coupon

The installment amount due is based on the date paid. If mailed, the U.S. postmark is the date paid. Interest is included at 1½% per month if payment is made after the due date.