First installment of Cook County tax bills due March 1
First installment property tax bills for tax year 2018 were mailed Jan. 28 and are due March 1, Hanover Township Assessor Tom Smogolski said.
"Property taxes are paid in two installments," he explained. "The first installment is 55 percent of a property's total tax bill for the previous year, and will be due on March 1, 2019."
Taxpayers should note that first installment tax bills will not reflect homeowner, senior citizen or other exemptions, nor will they reflect the impact of successful assessment appeals filed for tax year 2018.
Exemptions and successful appeals will instead appear on second installment bills, along with the effect of changes in the tax levies of local governments.
Total tax bills for the year should be calculated by late June, at which time second installment bills will be issued.