Cook County Equalization Factor 2024. Yesterday the illinois department of revenue released the final 2020 cook county equalization factor. The tentative 2021 equalization factor.
After any qualified property tax exemptions are deducted from the eav, your local tax rate and levies are applied to compute the dollar amount of your property taxes. Equalization factors can occur at four levels:
The State Equalization Factor/Multiplier (State Equalizer) Is Then Applied To The Av, And This Creates The Equalized Assessed Value (Eav) For The Property.
The illinois department of revenue recently released the tentative 2020 cook county equalization factor, also known as the multiplier.
Table 3, Final Equalization Factors.
On tuesday, the illinois department of revenue released the final 2021 cook county equalization factor.
The Illinois Department Of Revenue Announced A Tentative 2023 Cook County Equalization Factor Of 2.8414 On February 8, 2024.
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The Equalized Assessed Value Is Used To Calculate Property Tax Bills.
The illinois department of revenue (idor) finalized the 2021 cook county equalization factor of 3.0027 on.
Yesterday The Illinois Department Of Revenue Released The Final 2020 Cook County Equalization Factor.
The department is required to provide an equalization factor for each county that will equalize the level of assessment at the statutory level of.