As with many counties around the state, Peoria County recently mailed out its real estate tax bills.

Although some taxes may have increased, there will be no new taxing districts, according to a recent article in The Peoria Journal Star.

From the 82,775 bills that Peoria County sent out, officials  expect  to collect $275 million, which will then be distributed to 140 taxing bodies.

Peoria residents can review how tax bills have changed over time.   The Peoria County Clerk’s Office posted all tax computation reports for each taxing district since 1998.  These postings show tax levies, tax rates, equalized assessed values and total tax extensions.

Living in the Peoria, Illinois Area

Although countywide revaluations are mandated by the state,  counties carry out the assessments differently. 

For instance, Peoria and Woodford completes four-year reassessments on all of their parcels while Tazewell County reassess a fourth of their parcels every year.

Tazewell County recently sent out 67,000 real estate tax bills, from which officials expect to collect $179 million.

The Peoria Journal Star recently compiled a list of when residents in certain counties can expect to receive their bills and when they’re due:

Peoria: Mailed Friday, April 22. First installment due June 7, second due Sept. 7.

Tazewell: Will be mailed Friday. First installment due June 1, second due Sept. 1.

Woodford: Anticipated mailing in mid-May. First installment due 30 days later, second due Sept. 2.

Fulton: Mailed no later than May 2. First installment due June 3, second due Sept. 2.

Knox: Mailed Friday, April 22. First installment June 1, second due Sept. 1.

Marshall: Expected to be mailed May 2. First installment should be due June 3, second due Sept. 2.

Mason: Anticipated mailing in mid-May. First installment first week of July, second due first week September.

McDonough: No date set.

Putnam: No date set.

Stark: Mailed by this Friday. First installment due June 3, second due Sept. 2.

Thinking About Relocating to the Peoria, Illinois Area?

Now is a great time! As evidenced by the increase in tax bills, the Peoria Illinois real estate market is doing quite well in maintaining and even growing property values.

If you’d like to learn more about what it’s like to live in Peoria, Illinois then contact me, Mary Ann Knell, and my team of Peoria real estate experts, today.

If you like what you see in Peoria, we also recommend you check out some of the comparable neighboring communities, including:

Until next time,

Mary Ann