Manhattan Township Seniors Could Benefit from Proposed State Property Tax Relief
Manhattan Township Meeting | August 2025
Article Summary: More senior citizens in Manhattan Township may soon qualify for property tax relief, as Assessor Joe Oldani reported that state legislation is pending to significantly increase the income eligibility limit for the Senior Citizen Assessment Freeze Homestead Exemption. The change would raise the income ceiling from $65,000 to nearly $80,000 over several years.
Senior Freeze Exemption Key Points:
-
A pending state law would increase the maximum income for the Senior Freeze Exemption.
-
The income ceiling would rise incrementally from the current $65,000 to a final cap of $79,000.
-
The assessor also reported that Manhattan Township will not receive a final assessment factor, or multiplier, from Will County for 2025.
Senior homeowners in Manhattan Township may soon get a break on their property tax bills, the Township Board learned on Tuesday, August 12, 2025.
During his monthly report, Township Assessor Joe Oldani announced that a state law is pending that would raise the income threshold for the Senior Citizen Assessment Freeze Homestead Exemption. This program allows qualified seniors to “freeze” the equalized assessed value (EAV) of their homes, protecting them from increases due to inflation or rising property values.
Currently, the maximum household income to qualify is $65,000. Oldani reported the new legislation would raise that ceiling incrementally over several years, starting at $75,000 and eventually capping out at $79,000. This change would allow more seniors on fixed incomes to qualify for the tax relief program.
In other assessment news, Oldani informed the board that the Will County Supervisor of Assessments Office will not be applying an increased final assessment factor to Manhattan Township for 2025. The lack of a township-wide multiplier means property assessments will not see a blanket increase from the county this year.
Community Events
Latest News Stories
WATCH: IL comptroller candidates focus on transparency, timely reporting
Democratic senators under fire explain why they supported GOP bill to end shutdown
Giannoulias ramps up campaign for state regulation of auto premiums
Illinois quick hits: Illinois U.S. senators split on shutdown vote
Meeting Summary and Briefs: Joliet Junior College Board of Trustees for October 2025
Will County Saves Nearly $5.74 Million in Bond Refinancing, Explores Future Borrowing Options
Will County Board Advances New Speed Limits in Green Garden and Frankfort Townships
New Lenox Garage Variance Denied After Neighbor Cites ‘Massive’ Scale and Neighborhood Impact
Library Board Adopts New Cell Phone Stipend Policy for Employees
Manhattan Announces Proposed 6% Property Tax Levy Increase
JJC Celebrates “Future Wolves” Partnerships with Joliet and Troy School Districts
State Veto Session Passes Energy Bill Limiting County Zoning, Approves Toll Hike for Mass Transit