Township Assessor

Township Assessor:


 
The Assessor's Office assesses property values throughout the township.
The office of the Assessor is the only elected position that has statutory, pre-election requirements. In Monticello Township candidates must obtain the Certified Illinois Assessing Officer designation (CIAO) from the Illinois Property Assessment Institute to serve and must complete continuing education requirements before they can run for reelection.

The assessor's responsibilities include the mass appraisal of all taxable property within the township to establish its fair market value.

Mass appraisal requires the assessor to:
--Discover, list and value all new construction within the jurisdiction.
When appraising new construction, or improvements the assessor determines a full or partial
value depending upon the state of completion as of January 1st.
-- Ensure that existing property is valued at the appropriate statutory level of market value.
-- Assure that similar property is valued in a uniform manner.

After determining market value, the residential, commercial and industrial properties, farm homes, and farm home sites are assessed at 33.33% of that value. Farm buildings are assessed based on the structures’ contribution to the farm. Farmland is assessed according to the soil type’s ability to produce a crop. Soil type values are certified by the Department of Revenue to the County Supervisor of Assessments’ office on an annual basis.

The purpose of the assessment is to apportion the tax burden as created by taxing districts: schools, municipalities, libraries, forest preserve districts, counties and townships. Real estate taxes to support the various taxing bodies are based on these assessments and result from those taxing districts applying their tax rates to assessments. Governing boards elected in each district set the budgets for that taxing district.

Assessors do not set the tax rate, levy, collect or distribute tax revenues.
 
For more information on Illinois property tax and exemptions, see:
www.tax.Illinois.gov/LocalGovernment/Property

Tax Relief Exemption Programs

Homeowners

  General Homestead
35 ILCS 200/15-175
HOMESTEAD IMPROVEMENT
35 ILCS 200/15-180
 APPLICATION REQUIRED? No No
 FILING DEADLINE? N/A N/A
 MINIMUM AGE? None None
 RESIDENCY REQUIREMENTS? Owner Occupied During the Year Owner Occupied on January 1st
 HOUSEHOLD INCOME LIMIT?
 (includes all household members)
None None
 RENEWAL APPLICATION? N/A N/A
 EXEMPTION AMOUNT? Up To
$5, 000 IN 2007
$5,500 IN 2008
$6,000 IN 2009 to Present
of assessed value
Up to $25,000 of the assessed value
increase added by the improvement
--------------------------------------------
Exemption granted for 4 years only
 

Veterans

  DISABLED VETERANS'
35 ILCS 200/15-165
RETURNING VETERANS'
35 ILCS 200/15-167
DISABLED VETERANS' STANDARD HOMESTEAD
35 ILCS 200/15-169
       
 APPLICATION REQUIRED? Yes Yes Yes
 FILING DEADLINE? December 31 December 31 December 31
 MINIMUM AGE? None None None
 RESIDENCY REQUIREMENTS? Owner occupied on January 1st of filing year by disabled veteran
or surviving unmarried
spouse
Owner occupied on
January 1st by veteran
returned from an armed
conflict involving
U.S. armed forces
Owner occupied on
January 1st of filing year by disabled veteran or
veteran's spouse or surviving unmarried spouse
 HOUSEHOLD INCOME LIMIT?
 (includes all household members)
None None None
 RENEWAL APPLICATION? Must be filed yearly None Must be filed yearly
 EXEMPTION AMOUNT?
Up to &$70,000 of
assessed value
--------------------
Not eligible if claiming
exemption under section
15-168 or 15-169
A single year reduction
of $5,000 of assessed
value the year a veteran
returns from active
duty may apply again in subsequent year if returning from active duty
If disability is
70% to 100% - No Tax
50% to 69% - $5,000
30% to 49% - $2,500
of assessed value
up to $250,000 
assessed value
-----------------------
Not eligible if claiming
exemption under sections
15-165 or 15-168
 

Disabled

  Disabled Persons' Homestead
35 ILCS 200/15-168
 
 APPLICATION REQUIRED? Yes  
 FILING DEADLINE? December 31  
 MINIMUM AGE? None  
 RESIDENCY REQUIREMENTS? Owner Occupied on January 1st
by disabled person. If disabled
person moves into a nursing home
spouse may still be eligible.
 
 HOUSEHOLD INCOME LIMIT?
 (includes all household members)
None  
 RENEWAL APPLICATION? Must be filed yearly  
 EXEMPTION AMOUNT?
$2,000 of assessed value
-------------------------------------
Not eligible if claiming
exemption under sections
15-165 or 15-168
 
---------------------------------------------------
 
 

Senior Citizens

  SENIOR HOMESTEAD
35 ILCS 200/15-170
ASSESSMENT FREEZE
35 ILCS 200/15-172
 
TAX DEFERRAL
320 ILCS 30/1 to 8
         
 APPLICATION REQUIRED? Yes Yes   Yes
 FILING DEADLINE? December 31 December 31   March 1
 MINIMUM AGE? 65 or older
during assessment year
65 or older
during assessment year
  65 or older
by June 1 of assessment year
 RESIDENCY REQUIREMENTS?
Owner occupied by senior citizen during the year
--------------------
Also eligible if unoccupied after senior moved into a nursing home
Owner occupied on
January 1st of filing year and January 1st of prior year
  Owner occupied by senior citizen for three years in a Illinois home
 HOUSEHOLD INCOME LIMIT?
 (includes all household members)
None
$50,000 IN 2007
$55,000 2008 to 2016
$65,000 in 2017
 
 
 
 
 
$55,000
 RENEWAL APPLICATION? None Must be filed yearly   Must be filed yearly
 EXEMPTION AMOUNT? In 2007 - $3,500
In 2008 - $4,000,
2009 to Present - $5000 of assessed value or pro-rated if move into a home during the year

Limited to the difference between current year assessed value and the assessed value of the base year (year prior to the first year eligible)
 
May defer up to 100% of tax bill amount each year
------------------
total accumulated deferral amount limited to 80% of home equity
 

Board & Offices

Monticello Township Office
205 North State Street
Monticello, IL 61856
(217) 762-2215
 
Monticello Township 
Cemetery Sexton Office
916 E. 1730 N.
Monticello, Il 61856
(217-202-6195)
 
Monticello Township Highway Department
832 Old Rt 47  P.O. Box 557
Monticello, IL. 61856
(217) 762-7524
 
Monticello Township Assessor Office
427 W. Marion Street
Monticello, IL. 61856
(217) 762-2818
 

Board of Trustees

Michael Wileaver
Ronald Meece
Delbert Lubbers
Richard Howland

Offices

Supervisor - Michael Wildman
Highway Commissioner - Charlie Montgomery
Assessor - LaDonna Kaiser
Township Clerk -
Kathy Brown
Cemetery Sexton - Chris Cravens