What is property tax?
Property tax is a tax based on the fair cash value of the property owned. For this reason, it is often called an ad valorem tax, meaning that we tax "according to value" of real estate.

Show All Answers

1. What is property tax?
2. What is the history of the Illinois property tax?
3. What is considered property?
4. How is the value of property determined?
5. How are farm properties valued in Illinois?
6. Who must pay property taxes?
7. Who spends property taxes?
8. How important is the property tax compared to other taxes?