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.
Latest News Stories
Lincoln-Way 210 Approves Student Registration and Meal Fee Increases for 2026-2027
County Board Approves Peotone Solar Farm Amid Debates Over Union Labor and Tornado Safety
Lincoln-Way West Offense Explodes in 12-2 Victory Over Revere
Illinois business leaders press lawmakers as child care costs face scrutiny
Illinois Quick Hits: Vacant lots go on sale in Chicago
State vs. local property tax debate rages in Illinois
Illinois Quick Hits: County study reflects massive property tax hikes
Fewer businesses of Illinois’ diversity-preferred group got state contracts last year
Lincoln-Way West Offense Explodes for 18 Runs in Tournament Win Over Joliet West
Howard, Mansker Lead Lincoln-Way West to 7-0 Shutout Over Crescent
Some blame taxes as Illinois grows on paper but loses residents
Illinois quick hits: Cannabis company sued for alleged sexual harassment; Reparations class action suit to proceed; Disaster declaration approved for August 2025 storms
Manhattan District 114 Approves Asphalt and Door Contracts Amid Sweeping Summer Facilities Upgrades