Property Taxes Going Up

Property tax liability will be up an average of $375 this year, though that'll lean more heavily in Champaign due to Unit 4 projects. From the News-Gazette today:

Property taxes up in most of area; Champaign schools' spike leads way
Property-tax rates are up this year in most areas of Champaign County, but they're way up in Champaign, thanks to the rate increase for the school building plan approved by voters in 2016.

Most Champaign property-tax payers — those in the Unit 4 School District, Champaign Park District and City of Champaign Township — will see a rate of $9.04 per $100 of assessed valuation this year, up from $8.27 last year.

Most Urbana taxpayers will see a smaller increase in rates, from $10.63 per $100 of assessed valuation last year to $10.69 this year.

Property-tax bills will be mailed out April 30, County Treasurer John Farney said Friday. The first installment is due June 1 and the second Sept. 4.

Property owners can get an advance peek at their tax bills by going to the county treasurer's website.

More at the full article here. The County Treasurer's website is here with a direct link to the property tax lookup here. The County Treasurer noted that the bills will be on-time, unlike many other counties:

Farney said Champaign County continues to be one of a handful of counties statewide that will mail its tax bills on time.

"Being on time gives Champaign County taxpayers the full statutory amount of time between installment payments, hopefully allowing them to budget for tax payments," he said.

More than 2,000 property owners have already paid their tax bills, Farney said. They did so in December to beat changes made in federal tax law that limit annual real-estate tax deductions.

I suppose that's good news, for getting a bill that is.