"Our mission is to provide fair and accurate assessments, to educate the taxpaying public on the procedures, laws and components that create those assessments and to offer service that honors the dignity of the public. We must always keep in mind that a citizen should exit this experience feeling satisfied with the service rendered."
This exemption lowers the equalized assessed value of your property by $6000. To receive this exemption, you must have lived on the property on or before January 1 of the tax year. The Township Assessor’s office initiates this exemption. You need to only fill out this form once.
Homestead Improvement Exemption
This exemption defers for four years any increase in the assessment of your property due to an addition or other improvement to your home for which the Township Assessor would add value. A maximum of $25,000 of assessed value may be deferred under this program. The Township Assessor’s office initiates this exemption.
Senior Homestead Exemption
This exemption lowers the equalized assessed value of your property by $5,000 and may be claimed in addition to the General Homestead Exemption. To receive this exemption you must have lived on the property on or before January 1 of the tax year. Have reached age 65 during the tax year. Apply for the exemption at the Township Assessor’s office. You will need to bring a copy of the deed to the property and proof of age when you apply. If the property is held in trust, you will also need a copy of the trust agreement indicating the beneficiary and signature page. This exemption must be renewed annually.
This exemption freezes the assessment on your property, but does not freeze the tax rate. This exemption may be claimed in addition to those described above. You need to understand that the actual taxes that you pay may continue to increase based upon the amounts levied by the taxing bodies where you reside (school districts, park district, village or city, township, etc.) The filing deadline for this exemption is typically mid-September of each year. To receive this exemption, you must:
Have fulfilled a property residency requirement as explained on the application form. Be age 65 or older.
Have a maximum household income of $65,000. This household income includes that of all persons using the property as their principal dwelling
place on January 1 of the tax year.
This exemption must be renewed annually.
Other exemptions include:
Disabled Veterans’ Standard Homestead Exemption.
Annual Verification for Veterans’ with Disabilities
Returning Veterans Homestead Exemption.
Disabled Persons’ Homestead Exemption.
Annual verification for persons with disabilities
Physicians homestead for persons with disabilities
Disable person identification card
Senior Citizens Deferral of Real Estate Program.
Other services provided by the Assessor’s office include:
Assisting appraisers, realtors, and homeowners with property information.
Supplying names and addresses for properties applying for variances.
Assisting seniors filing for senior homestead exemptions.
Notifying seniors about exemptions through publications and mailings.
Free notary for Collinsville Township residents.
Providing information requested for assessment appeals.
Providing records of property sales within the Township.
Answering questions relating to assessments and the taxing programs