Ward Services & Info City of Chicago Property Tax Relief Program | City of Chicago Property Tax Relief Program |
| 12/09/2009 | |
|
Passed by the Chicago City Council, the Property Tax Relief Program will "provide relief between $25 and $200 to City homeowners hit hardest by increases to their 2008 property tax bill for their primary residence. This program is needed largely because of the phase-out of the state law that put a 7 percent cap on the annual increase in the taxable value of home property, and because the drop of this year's exemption under that law went to $20,000 from $26,000. The amount of tax relief you might receive is based on a combination of income level and the amount of your property tax increase. For example, the lower your income and the higher your property tax increase, the more relief you’ll be eligible for." Visit the Property Tax Relief Program website to learn how to apply, download the application and to calculate the amount for which you may be eligible. The application deadline is March 31, 2010. Only one check will be given per homeowner and property. For questions, please contact:
Chicago Tax Assistance Center |
