Assessor Announces End to “Empathetic” Tax Reductions, Raises Senior Freeze Threshold
Manhattan Township homeowners will see two significant changes in property assessment rules, including the end of a long-standing practice of granting tax reductions for fire-damaged properties and a beneficial increase in the income threshold for the senior freeze exemption.
Assessor Joe Oldani, attending the May 13 township meeting via phone, reported the changes to the board. He announced his office will no longer be able to offer “empathetic reductions” to homeowners whose properties have been damaged or destroyed by fire. This informal policy had previously provided temporary tax relief to residents during a difficult time, but the practice is being discontinued.
On a more positive note for older residents, Oldani shared that the income threshold for the senior citizen assessment freeze homestead exemption has been increased. The eligibility limit has been raised to $75,000, allowing more seniors on fixed incomes to qualify for the program, which freezes the assessed value of their homes to prevent property tax increases.
Oldani also noted that his office has received relatively few phone calls regarding recent tax bills. He said the majority of inquiries have been from residents seeking information about available exemptions rather than questioning the amount of their bills.
Community Events
Latest News Stories
Illinois quick hits: Medicaid coverage for parental home visits; ‘Trouble in Toyland’ report
Potential data center in Illinois village raises local concerns
Beef prices could remain high even as Trump removes some tariffs
WATCH: Amid GOP governor candidates, Dabrowski says he knows how to fix Illinois
WATCH: Supreme Court ruling next year could reshape transgender rights beyond sports
Federal judge tosses government lawsuits against Comey and James
Duffy, FAA say Thanksgiving holiday air travel should operate smoothly
Bills would end income tax on military’s pay and retirement
Mosley: Report arrives at a turning point in gender ‘medical scandal’
Republican majority in U.S. House wobbles with MTG resignation
Report: Michigan wasted millions on deceased Medicaid enrollees
Another cause of Thanksgiving/Black Friday stress? Lawsuits