Frankfort Township

Joseph Kral, C.I.A.O.

Saturday, September 04, 2010


Frankfort Township

Assessor's Office

Joseph Kral, C.I.A.O.
Blueprint 

Frankfort Township Assessor

11000 Lincoln Highway
Frankfort, IL 60423
Phone (815) 464-3180
Fax (815) 464-3182

Office Hours

Monday thru Friday
8:00 AM - 4:00 PM

EMAIL US:
general@frankfortassessor.com

A Message from the Assessor

Frankfort Township SealWelcome to the Frankfort Township Website
The purpose of this website is to assist you in locating valuable information regarding your property assessment and the assessment process.  You will also find several links to other websites that may be of interest to you. Please take the time to browse through our website and visit the various pages for more information.

What is the Function of the Assessor?
 
The Township Assessor is charged with the task to uniformly assess properties at a median level of 33 1/3% (one third) of market value.  Equitable assessments ensure a fair distribution of the property tax burden among all property owners.  Local property taxes pay for such services as schools, villages, libraries, park districts, and fire protection districts. The Assessor has no control over the levies of taxing bodies or the tax rate.
 
 Local Tax Rate is determined by the combined spending of all taxing districts, including the county, the forest preserve district, townships, community colleges, schools, villages, fire districts, libraries, parks, etc. Each government prepares a budget, requests the revenues needed, and submits the request to the county clerk. The county clerk calculates the tax rate based on their requests. The local tax rate is then applied against all property assessments in the district to produce the Property Tax Amount for each property.

Property taxes are determined by the budgets of your local taxing bodies. These local taxing bodies use property tax revenues to pay for the services rendered to the residents in their district. Tax bills are paid in 2 installments and are due June 1st and September 1st of every year.
 
Property Tax Exemptions
 
Exemptions are a form of partial property tax relief. Each exemption type is designed to provide tax relief for a specific class of property owners. Eligibility requirements vary for each type of exemption. The amount of tax relief may also vary with each exemption type and property. A property owner may be eligible for more than one exemption type. Information on exemptions can be found here.
 
 
We are Here to Help

As always, should you have any questions regarding exemptions, or any other assessment questions please feel free to contact our office. We are here to help.
 
FOIA

As of January 1, 2010 there are new regulations regarding the Freedom of Information Act. Please see the following information as it explains what this means for getting information from our office.  

Fair and Impartial Assessments, Providing Equality for All