Copyright © 2006 - 2007 Downers Grove Township•••••All Rights Reserved
Copyright © 2006 - 2007 Downers Grove Township•••••All Rights Reserved
EXEMPTIONS
Senior Freeze - this is an additional exemption provided to senior citizens eligible for the Homestead Exemption, with one additional requirement: the total annual GROSS HOUSEHOLD income must not exceed $50,000, and the tiered reduction of the exemption's benefit tied to household income is removed for the 2007 tax year, payable 2008. The maximum eligible total household income would be increased to $55,000 for the 2008, payable in the 2009 tax year. For applications or questions concerning the exemption, please call the Assessor's Office or the Supervisor of Assessments Office at (630) 407-5858 for more information.
- Establish age, ownership and residency, by applying for the Senior Homestead Exemption.
- Have a total household income (before deductions) of $55,000 or less for the 2008, payable in 2009 tax year.
- Own and occupy the property on or before January 1st of the application year and prior base year.
- Be liable for payment of real estate taxes on the property.
To qualify you must:
Eligible senior taxpayers must complete an application/affidavit. This form must be signed and notarized. Income from all household members needs to be itemized and totaled. For 2007 eligibility, the senior taxpayer must complete an application showing 2006 household income.
How do I apply?
Please bring the following for ALL household residents:
- US 1040
- Social Security 1099
- All other 1099's