SENIOR CITIZENS ASSESSMENT FREEZE HOMESTEAD EXEMPTION | CHAMPAIGN COUNTY OFFICES
1776 East Washington Street, Urbana, IL 61802
English
Call for services, each year applicants must file a Form PTAX-340, Senior Citizens Assessment Freeze Homestead Exemption Application and Affidavit, with the Chief County Assessment Office
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Champaign County, Illinois
Description
This exemption "freezes" the senior citizen's property's equalized assessed value the year that the senior citizen qualifies for the exemption. The property's equalized assessed value does not increase as long as qualification for the exemption continues. The tax bill may still increase if any tax rates are increased or if improvements are added that increase the value of the property.
What's Here
Providing organization
CHAMPAIGN COUNTY OFFICES
Provides county government services to the Champaign County area.