Taxes are due:
Mobile Home: June 6, 2014
Real Estate: 1st installment is due by July 3, 2014
Real Estate: 2nd installment is due by September 5, 2014
1 1/2% penalty on all late payments
Taxes may NOT be paid with a credit card.
WHERE TO PAY YOUR TAXES AND OTHER TAX INFORMATION
Taxes may be paid by:
(2) at most banks or savings & loan associations in Morgan County
(3) or at the County Treasurer’s Office at the County Courthouse.
Office hours are 8:30 AM – 4:30 PM Monday- Friday. Payments must be made on or before the due date.
Each payment must be accompanied by the detachable portion of the tax bill. Mailed payments must be postmarked on or before the due date to avoid interest charge.
Check should be payable to: Morgan County Treasurer. Your cancelled check is your receipt. Payment is void if check fails to clear. There is an additional $25 charge for all returned checks. Post dated checks are illegal and will not be held for processing.
Illinois Statutes require 1 1/2% per month or part of the month penalty for payments made after the due date. Additional cost may be incurred after the 2nd installment due date.
All payments made after due date must include interest penalty and must be paid by mail or at the Treasurer’s Office. (Not a bank or savings & loan)
You will only receive one notice. Separate bills are not mailed for the second installment.
By law, failure to receive a tax bill or receiving one late bill, for any reason, does not relieve the taxpayer from taxes or late penalties. If you are not responsible for payment of the tax bill, please forward the bill to the owner or return it to the Treasurer.
Senior Citizen Real Estate Tax Deferral Program:
The Senior Citizen Tax Deferral Program is a tax relief program that allows qualified senior citizens to defer all or part of payments for property taxes and special assessments on their principal residences. The program allows qualified persons to defer property taxes and special assessments; it does not cancel or “forgive” the amounts that are due. The deferral is similar to a loan against the property’s market value. A six (6) percent simple interest rate is charged on the deferred amounts. A lien is filed upon the property in order to ensure repayment of this deferral.
The deferral does not have to be repaid until the taxpayer’s death or when the property is sold, transferred, or otherwise ceases to qualify for this program. Deferrals can be continued by surviving spouse who is at least 55 years of age within six months of the taxpayer’s death. Otherwise, the deferral must be repaid within one year of the taxpayer’s death or 90 days after the property ceases to qualify for this program. The maximum amount that can be deferred, including interest and lien fees, is 80 percent of taxpayer’s equity interest in the property.
If the taxpayer meets the program qualifications, the county collector (treasurer) will send a copy of the property tax bill to the Illinois Department of Revenue. The department then pays the tax bill to the county collector by June 1 or within 30 days of receipt of the tax bill, whichever is later. The owner must apply by March 1 every year with the County Treasurer.