Office Hours: Monday - Friday 8:00 am to 4:30 pm
Please call to confirm office availability prior to your visit.
Lisa LaMantia - firstname.lastname@example.org
Angela Wold - email@example.com
Ryan Hebert - firstname.lastname@example.org
Deborah Boisen - email@example.com
Kevin Schmidt - firstname.lastname@example.org
Homestead Exemption Renewal Letters:
Lake County sent out reminder letters for the Standard Homestead Exemption for Persons with Disabilities. Next, they will be mailing our reminder letters for the Senior Citizen Assessment Freeze Exemption. A renewal must be filed every year in order to retain these exemptions. The renewal can be filed on-line or in-person at the Grant Township Assessor’s Office The deadline for filing is July 31, 2022. Feel free to stop by or call 847-546-8880 with any questions or concerns.
From the Assessor...
Beginning in 2019, all exemption applications and assessment appeals must be submitted ONLINE.The County has made this commitment to file on-line.There is a cost savings where County personnel is not processing the paperwork.My office understands this will create difficulties for some people, we will be here to help you through the process.Please call or visit our office if you need assistance filing your exemptions.
The assessor's office provides information for and represents Grant Township during assessment appeals at both the County Board of Review and State Property Tax Appeal Board.
We welcome all Grant Township property owners to visit our office with questions. We will be happy to share information regarding the process of determining your assessment.
The Grant Township Assessor is responsible for a fair and uniform system of property valuation that will equitably distribute the revenue requirements of our local governments among the township property owners.
- Value all non-exempt properties
- Assist in filing Senior Homestead Exemptions
- Assist in filing Senior Citizens Assessment Freeze Homestead Exemptions
- Distributes literature concerning assessment and tax bill process
- Provides information requested for Assessment Appeals
- Homeowners Exemption (monitor and grant for owner occupied residential properties)
- Home-Improvement Exemptions (monitor qualifying properties for $75,000 full market value or $25,000, assessment reduction)
- Request tax bill address changes
- Assist in filing agricultural valuation
- Free notary public for Grant Township residents
- Tax bill amounts
- Cross-reference of permanent real estate number and address
- Name and address supplied for properties applying for variances
- Attend both County and State level hearings for properties within Grant Township
- Adjust assessment for factual errors in documentation and records keeping of all real estate transfers
- Educating property owners on the complex property tax system
- Visit, photograph and measure all properties in the township to continually update records
- Recording/Follow-up on all permits issued
You can not appeal your TAXES - only your ASSESSMENT
When you receive your tax bill, check the lower left hand section of you bill. Under Taxing Body, you will see the amount of your property tax paid to each taxing body and the change from the prior year is the increase or (decrease) in the amount payable to the taxing body listed. This is to show you where your money goes.
Typically we hear from many homeowners during the month of May who are unhappy with their property tax bill. My suggestion has been and still is to contact the taxing body with comments/questions so that they are aware of your concerns when they are working on their levy for the next year.
We do not determine or control the amount of property taxes you must pay.
Taxes are the result of spending, not assessments, and if spending doesn't go down, taxes won't go down either.
Property taxes exist because of local government spending. Taxing bodies schools, villages, townships, county, police and fire districts, libraries, park districts, ect. depend on property tax revenues to provided local services. Each year they submit a request for property tax funds, known as the "levy". The combined "levies" actually create the tax burden, while assessments simply divide up that tax burden in an equitable way. So if government spending and the "levy" requests do decrease, most of us will see no relief in our tax bills. In fact, if levies go up because of increased spending, tax bill can actually go up, even when assessments go down.
To understand why, we have to look at the basic tax formula:
Levy divided by assessed value = Tax Rate
The levy is the amount of tax dollars that your taxing bodies request. The assessed value is the total of the assessments in the taxing district. The Tax Rate is nothing more than the calculation: the result of dividing the LEVY by the ASSESSED VALUE. Taxes go up because Levies go up. Assessed values and tax rates are just the tools used to divide up the total tax burden created by the combined levies of our local taxing bodies.
Here is how it works - Our taxing body requests $100,000 (the Levy), and total assessments are 2,000,000. The tax rate now is .0500 ($100,000 divided by 2,000,000) If your assessment is 10,000 then your taxes will be 10,000 x .05 or $500. "If property values go down, won't my taxes go down?" Let's see...Our Taxing body is still requesting $100,000 (the Levy) but total assessments are 1,8000,00, down 10%. The tax rate now becomes .0556 ($100,000 divided by 1,800,000). If your assessment is 9,000 (down 10%), then your taxes will be 9,000 x .0556, still $500. Taxes didn't change - even though assessments went down - because the LEVY didn't change. The Levy drives the tax bill.
What if the levy increases but my assessment goes down?
The Levy is $110,000, 10% more, and assessments are 1,800,000, down 10%. The tax rate is .0611 ($110,000 divided by 1,800,000). If your assessment is 9,000 (down 10%), then your tax bill will be 9,000 x .0611 =$550. Up 10% like the levy, not down 10% like your assessment. The Levy drives the tax bill.
Generally, taxes do not go up because of increasing assessments and they will not go down with declining assessments. On an individual basis, if one assessment goes down substantially more than others, that one property owner may see more relief in their taxes, the tax burden has been redistributed. If one assessment doesn't change when most go down, that tax bill may increase - the tax burden has been redistributed. But, if assessments all decrease by a similar amount, there will be absolutely no change in your tax bill unless the levy changes.
Levies go up because local government spending goes up and taxes go up because Levies go up - even when assessments go down. Assessments and tax rates do not change the tax burden, they only distribute the tax burden that is created by the levies.
The only way to control taxes is to control local government spending.