It’s the most common question we receive after we mail tax bills. And it’s understandable. The housing market has been in decline. Some properties are worth less today than a few years ago. It doesn’t make sense, and, honestly, it’s not very easy to answer.
For the most part, a higher tax bill is the result of a higher tax rate set by a taxing district such as your school district or park district. Of course, this is a simple answer. Your case may have other variables involved. You should contact the Supervisor of Assessment to discuss your specific situation.