Assessor

Photo of Max Schlafley

Max Schlafley

P: 309-324-7459

Assessor’s Office

Monday- Friday 8:00-4:30

(309)324-7459

 

The Peoria Township is the largest township in Peoria County with over 43,000 parcels and a market value over $5.3 Billion. The Assessor is responsible for establishing the values on all parcels within the Peoria Township with the highest standards of professionalism. The Assessor does not levy taxes. The value determined by the Assessor are used by other government entities and are the values against which their real estate taxes are levied. The Assessor and his staff determine the fair market value of properties to ensure each taxpayer pays only his or her fair share of taxes. The office maintains an open door policy to serve the taxpayers of Peoria.

 

Please contact our office for the following information:

 

Exemption & Freeze Forms

 

The Town of the City of Peoria Assessor’ s Office will assist you in filling out and filing exemption and freeze forms.

 

  • Homestead Revaluation Exemption (Owner Occupied)
  • This exemption is limited to your primary residence and lowers the equalized assessed value of your property up to $6,000. To receive this exemption, you must have lived in the property on or before January 1 of the assessment year. The Assessors Office initiates this exemption.
  • Homestead Improvement Exemption
  • This exemption defers, up to four years, any increase in the assessment of your property due to an addition or other improvement to your home for which the Township Assessor would value. A maximum of $25,000 of assessed value may be deferred under this program. The Assessors Office initiates this exemption.
  • Senior Homestead Exemption
  • This exemption lowers the equalized assessed value of your property by $5,000. This exemption may be claimed in addition to the Homestead Revaluation Exemption. To receive this exemption, you must have one owner of record reach the age of 65 during the assessment year. An application may be completed at the Assessors Office to qualify. You must bring identification that includes proof of age.
  • Senior Citizens Assessment Freeze – Homestead Exemption
  • This exemption freezes the assessment on your property, but does not freeze the tax rate. Actual taxes which you pay may continue to increase based upon the amount levied by the taxing bodies where you reside. To receive this exemption, you must be 65 years of age or older and fulfill a property residency requirement as explained on the application form. In addition, your maximum household income (gross) must not exceed $65,000 (including Social Security and Medicare). An application may be completed at the Assessors Office to qualify. The completed application must be signed and notarized. Please note that because your income could change from year-to-year you must reapply every year for this exemption. The filing deadline for this exemption is December 31st of the assessment year.