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
Advocates applaud, condemn SPLC wire fraud charges
Gallagher elected to serve rest of LaMalfa’s term in Congress
Four House Republicans rebel against Trump, help pass War Powers Resolution
Hilton, Becerra remain ahead in California gubernatorial race
Budget math undercuts Bessent’s deficit reduction pledge
State Police, IDOT break ground on $14M training facility
Republican data privacy bill scrutinized in congressional hearing
World Cup: Economic impact equation includes displaced regular tourism
Illinois Quick Hits: Johnson says comptroller running is ‘no breaking news’
Trump targets 60 economies with forced labor tariffs
Lawmakers probe $1.2B Ohio Medicaid fraud
Debt burden, pensions burden Chicago Public Schools