Tax bills mailed to homes - Republic-Times | News

Tax bills mailed to homes

By on August 22, 2012 at 10:30 pm

By TERYN SCHAEFER
For the Republic-Times

Monroe County Treasurer Kevin Koenigstein said during Monday’s county board meeting that his office hopes to complete the mailing of real estate tax bills to property owners on Wednesday.

A delay in the property assessment process earlier this year led to a later-than-normal mailing of bills in 2012.

Following a Board of Review appeals process, the Illinois Department of Revenue issued a final property assessment equalization factor of 1.02870 for Monroe County.

The property assessment equalization factor, or “multiplier,” is the method used to achieve uniform property assessments among counties as required by law.

The first installment of 2011 taxes payable in 2012 is due Sept. 28, with the second installment due Nov. 9.

Koenigstein’s office expects to collect $49,690,319 in real estate taxes this year throughout the county’s 38 taxing districts. That number is down from $50,255,473 from last year.

Following an increase in the county’s tax rate by three percent from .83188 in 2009 to .86017 in 2010, the 2011 rate increased by five percent to .91193. The total taxes extended for Monroe County increased by about 1.67 percent. The equalized assessed valuation decreased from $800,408,472 to $767,640,251, or about 4.1 percent.

This increase is partly due to assessed valuations decreasing by an average of one percent from the year before, the treasurer said.

“Monroe County levies a specific dollar amount regardless of the assessed valuation,” Koenigstein explained. “Thus, if the equalized assessed valuation falls, the rate will go up to make a specific dollar amount. Other taxing bodies may have a maximum percentage rate.”

The county expects to collect $16.81 million for the Waterloo School District, $12.89 million for the Columbia School District, $1.09 million for the City of Waterloo taxing district, and $1.9 million for the City of Columbia. The county expects to collect $7 million for its taxing district.

Koeningstein said there are nearly 18,000 tax bills to mail and around 19,000 parcels in the county overall.

Taxpayers can view their real estate tax bills online at www.monroecountyil.org, under the Treasurer’s Office portion of the site.

Once there, click “Parcel Inquiry” and insert your name and tax year 2011.

Residents can also pay their bills online, either through their bank accounts or with most major credit cards using Illinois E-Pay.

Most area banks accept payments through the due date as well, the treasurer said.

There is also a “Direct Debit” option for tax bill payments.

For more information on this year’s tax bills, call the treasurer’s office at 939-8681, ext. 213.

In other news from Monday’s meeting, permission to erect two signs to educate community members and tourists of the existence of the Illinois Ozarks was passed.

One of the 30-foot-by-60-foot signs will be set up on Route 156 east of Valmeyer. The other will be placed on Route 156 west of Valmeyer.

Clifftop members Mike and Joann Fricke brought this to the board to “bring to light the importance of the bluffs, and to educate people (tourists and residents) they are a part of the Illinois Ozarks,” Joann Fricke said.

Monroe County tax rates

Comparative tax rates for Monroe County municipalities for tax levy year 2011, payable in 2012.

Waterloo taxing districts

Monroe County: 0.91193

School District: 4.14809

SWIC: 0.37466

City of Waterloo: 0.48841

Park District: 0.13172

Cemetery District: 0.00397

Fire District: 0.13911

Total rate: 6.19789

(Real estate tax on a $150,000 home assessed at $50,000 = $3,098.95)

Columbia taxing districts

Monroe County: 0.91193

School District: 4.47147

SWIC: 0.37466

City of Columbia: 0,80649

Fire District: 0.11057

Total rate: 6.67512

(Real estate tax on a $150,000 home assessed at $50,000 = $3,337.56)

Valmeyer taxing districts

Monroe County: 0.91193

School District: 3.82938

SWIC: 0.37466

Vill. of Valmeyer: 0.81510

Fire District: 0.27172

Library District: 0.11866

Total rate: 6.32145

(Real estate tax on a $150,000 home assessed at $50,000 = $3,160.73)

Hecker taxing districts

Monroe County: 0.91193

Waterloo Schools: 4.14809

SWIC: 0,37466

Vill. of Hecker: 0.54696

Fire District: 0.33397

Total rate: 6.31561

(Real estate tax on a $150,000 home assessed at $50,000 = $3,157.81)

Maeystown taxing districts

Monroe County: 0.91193

Valmeyer Schools: 3.82938

SWIC: 0.37466

Vill. of Maeys.: 0.45261

Fire District: 0.49434

Val. Library Dist.: 0.11866

Total rate: 6.18158

(Real estate tax on a $150,000 home assessed at $50,000 = $3,090.79)

Fults taxing districts

Monroe County: 0.91193

Valmeyer Schools: 3.82938

SWIC: 0.37466

Vill. of Fults: 0.41748

Fire District: 0.49434

Road District: 0.59099

Val. Library Dist.: 0.11866

Total rate: 6.73744

(Real estate tax on a $150,000 home assessed at $50,000 = $3,368.72)


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Teryn Schaefer

Teryn was born and raised in Waterloo, growing up watching local sports and Mon-Clair baseball. She is a graduate of the University of Missouri Journalism School and loves cheering on her Tigers any chance she gets.