Manhattan Township

Manhattan Township Seniors Could Benefit from Proposed State Property Tax Relief

Spread the love

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.

Leave a Comment





Latest News Stories

Industry advocates: More state regulation will drive insurance rates higher

Industry advocates: More state regulation will drive insurance rates higher

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Insurance industry leaders are advising Illinois lawmakers that state regulation of rates will lead to higher costs...
Manhattan School District 114 Logo Graphic

Manhattan School District 114 and Teachers Union Finalize New Contract

Article Summary: After months of negotiations, the Manhattan School District 114 Board of Education has unanimously approved a new collective bargaining agreement with its teachers and support staff. The approval...
MH VB

Manhattan Village Board Donates Surplus Truck to Local Animal Rescue Ranch

Article Summary: The Manhattan Village Board has officially declared a 2007 Ford F-150 pickup truck as surplus property, unanimously voting to donate the vehicle to the Triple H Ranch, a...
Meeting Briefs

Meeting Summary and Briefs: Will County Board Executive Committee for August 14, 2025

The Will County Board Executive Committee received a comprehensive update on the county's expenditure of $134 million in federal ARPA pandemic relief funds, learning that 61% of the total has...
Public education budgets balloon while enrollment, proficiency, standards drop

Public education budgets balloon while enrollment, proficiency, standards drop

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – In return for soaring state spending on education, Illinois taxpayers are getting chronic absenteeism, poor academic proficiency...
Meeting Briefs

Meeting Summary and Briefs: Manhattan Township for July 8, 2025

Manhattan Township Meeting | July 2025 Discussions about a massive 5,000-acre solar farm proposed by EarthRise Energy dominated the Manhattan Township meeting on Tuesday, July 8, 2025. Supervisor Jim Walsh...
manhattan park district graphic.2

Manhattan Park Board Hires Architect for Round Barn Interior Buildout

Manhattan Park Board Meeting | July 2025 Article Summary: The Manhattan Park Board has approved a resolution to hire Jon Steven Ditter Architect PLLC to design a partial interior buildout of...
Screenshot-2025-08-19-at-7.14.24-PM

Frankfort Approves Over $19 Million in Surplus Fund Transfers for Future Projects

Article Summary: The Frankfort Village Board has approved the transfer of more than $19 million in surplus operating revenues to its capital funds to finance future infrastructure projects, equipment purchases,...
frankfort-village-hall-graphic-logo.7

Frankfort Advances Plans for New Multi-Use Paths to Boost Pedestrian Safety

Article SummaryThe Frankfort Village Board has approved a $77,500 agreement with Robinson Engineering, Ltd. to design two new multi-use paths aimed at improving safety and connectivity in Main Park and...
frankfort-village-hall-graphic-logo.1

Frankfort Police Department to Purchase New Portable Radios for $31,000

Article SummaryThe Frankfort Village Board has approved the purchase of 14 new Kenwood portable radios for the police department at a cost not to exceed $31,000. The new equipment will...
Meeting Briefs

Meeting Summary and Briefs: Village of Frankfort Board for August 18, 2025

The Village of Frankfort Board leveraged a significant budget surplus at its August 18 meeting, approving the transfer of over $19 million into capital funds designated for future infrastructure, equipment,...
Plan launched to place redistricting amendment before voters in 2026

Plan launched to place redistricting amendment before voters in 2026

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Two former U.S. Cabinet members have launched a new effort to stop Illinois politicians from drawing their...
30 charged in TdA drug trafficking, murder-for-hire and firearms offenses

30 charged in TdA drug trafficking, murder-for-hire and firearms offenses

By Bethany BlankleyThe Center Square As part of the Trump administration’s ongoing efforts to pursue violent criminal foreign nationals, two federal indictments were made public charging 30 people, including several...
White House touts D.C. crackdown; no timeline on National Guard deployment

White House touts D.C. crackdown; no timeline on National Guard deployment

By Sarah Roderick-FitchThe Center Square More than a week after President Donald Trump declared “Liberation Day” in Washington, D.C., his administration is touting the operation as a success as more...
Trump signs bill studying cancer among military pilots

Trump signs bill studying cancer among military pilots

By Zachery SchmidtThe Center Square President Donald Trump has signed into law the Aviator Cancer Examination Study Act, which seeks to address cancer rates among former and current military aircrew...