Neighbor News
First Installment Tax Bills Are Due April 3
Illinois Lawmakers decided to extend the due date to April 3 for this year only
FIRST INSTALLMENT TAX BILLS ARE DUE APRIL 3
Contact: Jan Churchwell
847.446.8200
Find out what's happening in Winnetka-Glencoefor free with the latest updates from Patch.
First installment property tax bills for tax year 2022 are arriving in mailboxes now, according to New Trier Township Assessor Jan Churchwell. “Property taxes are paid in two installments. The first installment is fifty-five percent (55%) of a property's total tax bill for the previous year, and will be due on April 3, 2023,” Churchwell said.
Under state law, first installment bills are supposed to be mailed in late January and supposed to be due March 1. Since last year’s second installment bills were not due until December 30, 2022, the state legislature determined that having another tax bill due March 1 could cause hardship for some taxpayers. Accordingly, lawmakers decided to extend the due date to April 3 for this year only. Next year’s first installment tax bills should have the familiar March 1 due date.
Find out what's happening in Winnetka-Glencoefor free with the latest updates from Patch.
Taxpayers looking at this year’s first installment bills should note they do not reflect ANY exemptions, nor do they reflect the impact of successful assessment appeals filed for tax year 2022. Exemptions and successful appeal results will appear on second installment bills, along with the effect of changes in the tax levies of local governments. Second installment bills will likely be due sometime in the fall of 2023.
Details about Paying Taxes. Property owners who do not have mortgage companies paying their taxes can make tax payments in person, by mail, or online at the Cook County Treasurer’s web site, www.cookcountytreasurer.com. You may pay in person downtown at the Cook County Treasurer’s office (118 N. Clark St) or at any Chase Bank in the Chicago area.
If money for property taxes is paid into an escrow account with a taxpayer’s mortgage company, the financial institution should receive the tax bill electronically, even if the taxpayer also receives a copy of the bill. Assessor Churchwell advises taxpayers with property tax escrows held by their mortgage companies not to pay property taxes on their own, as this may result in a double payment of taxes.
But taxpayers with mortgage escrows should check the Cook County Treasurer's website to verify that their mortgage companies have paid the taxes.
Release date: March 2, 2023