The second installment of Grundy County real estate taxes are due Sept. 6.
The first installment was due June 6, and currently has a 3 percent late charge, which is calculated at 1 1/2 percent per month – partial months count as whole months – and is noted on the tax bill stub.
Payments may be made at the Grundy County Treasurer’s Office, local banks listed on the reverse side of the tax bill, or with a credit card or bank withdrawal at www.grundyco.org. There is a 2.7 percent fee added to the amount charged and applicable late fees for the use of credit cards or debit cards, while a bank withdrawal is an additional $3.50 convenience fee.
Local banks will collect Grundy County taxes and applicable late charges through Sept. 6. The website will accept payments through Sept. 30. After the deadline dates for online and local bank payment options, all payments must be directed to the Grundy County Collector, 111 E. Washington St., Room 33, P.O. Box 689, Morris, IL 60450.
The treasurer’s office will be closed Sept. 2 in observance of Labor Day.
No personal checks will be accepted at the treasurer’s office after Sept. 30. Payments must then be made by cash or a bank cashier’s check or money order.
The “Formulation for Tax Calculation” section of the tax bill notes the fair market value of the improved property. Taxes are based on a third of the fair market value, less any exemptions such as owner occupied, various senior citizen exemptions and home improvement exemption.
A “Taxpayers Guide to Property Tax Relief” brochure is available in the Grundy County Treasurer’s Office or at www.grundyco.org, while all exemption forms are available in the Grundy County Assessor’s Office. The portion of the tax bill “Grundy County Itemized Statement” offers detailed information on the tax districts’ extensions for the current and last year’s taxes.
Unpaid real estate taxes, special assessments, penalties and additional fees will be offered to registered tax buyers at the Nov. 14 tax sale. Interested tax buyers must be registered by Oct. 30. Please include a $75 check to cover the delinquent list and $250 registration fee.
At the Nov. 14 tax sale, “buyers” pay delinquent taxes to the Collector, thus placing a lien on the property until redeemed. The interest rate can be as high as 18 percent for a six-month period. Additional fees and interest may be applicable.
“While a tax sale is required by state statute, it is very disheartening for financially strapped individuals,” Marcy Miller, Grundy County collector, said. “If a property owner is unable to pay their real estate taxes, they should contact their mortgage company to see if an arrangement can be made. The mortgage holder may be able to pay the taxes and increase the monthly mortgage payment, buying a little more time for the homeowner.”
The Grundy County Collector now has the ability to accept partial payments on real estate taxes. Partial payments are accepted at the Treasurer’s Office only.