|
An assessment is the property value that is officially entered in the county assessment books
(sometimes called the "tax roll"). This value is used to determine what portion of the total tax burden each property owner will bear.
Your Assessed Value is 33.33% of the Fair Market Value of your property. Remember, Will County uses a three-year study to determine
assessments; therefore, we are always a year behind. For example, 2019 assessments are based off of sales data from 2018, 2017, and 2016. |
|