Senior citizens have until Feb. 7 to file their annual renewal for the Senior and Senior Freeze Exemptions on their 2017 property taxes.The Senior Exemption application is part of a booklet sent to eligible seniors. The booklet also contains the separate, income-based Senior Freeze Exemption application. To qualify for the Senior[Read More…]
Tag: real estate taxes
H-F home values rebounding from recession, county assessment shows
Property assessments, calculated every three years for tax purposes, are on the rise in the Homewood-Flossmoor area. For some residents, higher property assessments may be a reason to grumble. After all, an increased assessment might point toward higher property taxes. But government officials, on both the county and local level,[Read More…]
Homewood schools set tax levy at $14.4 million
Homewood School District 153 approved its 2017 tax levy of $14.4 million at the Dec. 11 board of education meeting. The district expects to collect an additional $400,000 over last year’s receipts. It is holding the increase within the required tax cap limitations. The amount stays within the 2.1 percent Consumer[Read More…]