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.
Latest News Stories
PZC Briefs: Solar Farm in Crete, Post-Fire Permit for Troy Business, and More
In Brief: Capital & IT News
Will County Finance Committee July 1 Meeting Briefs
Will County Public Works Committee Juliy 1 Meeting Briefs
Manhattan Village Board Briefs
New Lenox Library Board Seats New Trustees, Reorganizes After Election
New Lenox D122 Board Approves Nearly $300,000 for Summer Maintenance Projects
New Lenox Fire District to Launch Comfort Dog Program for First Responders, Community
Library’s ‘Studio’ Draws Record Crowds with New Tech and Creative Programs
D122 to Spend $24,950 on Professional Enrollment Forecast
Manhattan Police Report
JJC Trustees Approve Contentious FY26 Budget After Heated Debate, Failed Postponement
Lincoln Way District 210 Approves $2.1 Million Budget Amendment, Maintains Strong Financial Position
JJC’s ‘12x12x12’ Initiative Boosts College Credits, Increases Matriculation Rate