The Illinois Homestead Exemption Program offers several different programs designed to provide property tax relief to homeowners. Through a variety of exemptions, this program lowers the equalized assessed valuation of your property to which the tax rate is applied to determine your property tax bill. The following guide has been prepared to provide general information regarding these programs and to answer the most frequently asked questions. Eligibility requirements vary widely among these exemptions and it is important to review the criteria for each exemption carefully; however, in all cases, you must live at the property to qualify for any of these exemptions. All exemptions, except for the Homestead Improvement Exemption, are handled by the Boone County Supervisor of Assessments. You can find the forms you need on their website https://www.boonecountyil.org/government/departments/assessment_office/forms___brochures.php or the Homestead Improvement Exemption form is available on this website under forms and documents.
The staff in the Township Assessor’s office will be happy to provide additional information and we encourage you to contact us if you have questions about these programs.
