Rock Island County Property Tax Rates
The following table lists the current Rock Island County Property Tax rates per $100 of assessed value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County Tax | $0.8046 |
| City of Rock Island Tax | $1.2553 |
| City of Moline Tax | $1.3149 |
| City of East Moline Tax | $1.5248 |
| Rock Island-Milan School District Tax | $6.8440 |
| Moline-Coal Valley School District Tax | $6.5920 |
| East Moline School District Tax | $7.4651 |
| Blackhawk College Tax | $0.4896 |
Please note that these rates are subject to change and may vary based on the assessed value of the property. It is recommended to consult with a qualified tax advisor for personalized advice.
Example of Rock Island County Property Tax Calculation
Rock Island County Property Tax calculation is a process used to determine the amount of property tax a homeowner has to pay. The calculation involves multiple factors, such as the assessed property value, the tax rate, and any exemptions or deductions the homeowner may qualify for.
To calculate the property tax in Rock Island County, the assessed value of the property is multiplied by the tax rate. The assessed value is determined by the county assessor, who evaluates the property's value based on factors such as location, size, and condition.
After the assessed value is determined, it is multiplied by the tax rate, which is expressed as a percentage of the assessed value. For example, if the assessed value of a property is $100,000 and the tax rate is 2%, the property tax would be $2,000.
It's important to note that homeowners may qualify for exemptions or deductions that can lower their property tax bill. For example, some states offer homestead exemptions to homeowners who live in their primary residence. Additionally, seniors or disabled homeowners may qualify for property tax breaks.
In summary, Rock Island County Property Tax calculation is an important process that determines the amount of property tax a homeowner must pay. By understanding the assessed value, tax rate, and any exemptions or deductions available, homeowners can better plan and manage their property tax bills.
If you want appeal your property tax assessment - contact your local tax assessor.
When is Rock Island County Property Tax due ?
Rock Island County Property Tax typically has two payment due dates, which are June 7 and September 7. Payment methods accepted are:
| Payment Method | Instructions |
|---|---|
| Mail a check or money order along with the payment stub to the address provided on the bill. | |
| In-person | Payments can be made in-person at the Rock Island County Treasurer's Office. |
| Online | Payments can be made online through the Rock Island County website using a credit or debit card, or an e-check. |
It is important to note that payments made after the due date will incur penalties and interest charges. Therefore, it is recommended to make payments on time or before the due date to avoid additional charges.
If you have more questions - contact your local tax collector.
Who sets property tax rates in Rock Island County ?
Who and When Sets Property Tax Rates in Rock Island County?
In Rock Island County, property tax rates are set by multiple entities at different times of the year. Here is a breakdown of the process:
| Entity | Timing |
|---|---|
| Rock Island County Board | Annually in November or December |
| Rock Island County Clerk | Annually in April or May |
| Local School Districts | Annually in September or October |
| Local Municipalities | Annually in April or May |
The Rock Island County Board sets the overall property tax rate for the county in November or December of each year. The Rock Island County Clerk then calculates and applies this rate to individual properties in April or May of the following year.
Local school districts also set their own property tax rates in September or October, which are added to the county rate. Lastly, local municipalities also set their own property tax rates in April or May, which are also added to the county rate.
Overall, property tax rates in Rock Island County are determined by a combination of the county board, county clerk, local school districts, and local municipalities, with different entities setting rates at different times throughout the year.
Homestead exemptions in Rock Island County ?
Table: Rock Island County Homestead Exemptions and Deductions
| Exemption/Deduction | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | Primary residence | Up to $6,000 | Must apply by July 1st |
| Senior Citizen Homestead Exemption | Primary residence, 65+ years old | Up to $5,000 | Must apply by July 1st |
| Senior Assessment Freeze | Primary residence, 65+ years old, income < $65,000 | Property assessment frozen | Must apply by June 1st |
| Disabled Veterans' Homestead Exemption | Primary residence, veteran, disability rating of at least 30% | Up to $5,000 | Must apply by July 1st |
| Home Improvement Exemption | Primary residence, home improvement of at least $25,000 | Up to $75,000 | Lasts for 4 years |
| Longtime Homeowner Exemption | Primary residence, owned for at least 10 years | Up to $10,000 | Must apply by July 1st |
| Disabled Persons' Homestead Exemption | Primary residence, disability rating of at least 51% | Up to $2,000 | Must apply by July 1st |
| Green Roof Deduction | Primary residence, installation of a green roof | Up to $5,000 | Must apply by July 1st |
Rock Island County offers several Homestead Exemptions and Deductions for its residents. These exemptions and deductions are designed to reduce the property taxes paid by homeowners in the county.
To be eligible for these exemptions and deductions, the homeowner must meet certain criteria. For example, the General Homestead Exemption is available for primary residences, and the homeowner can receive up to $6,000 in tax relief. However, the homeowner must apply for this exemption by July 1st of the tax year.
Similarly, the Senior Citizen Homestead Exemption is available for primary residences of homeowners who are 65 years or older. The homeowner can receive up to $5,000 in tax relief, but must also apply by July 1st.
Other exemptions and deductions include the Disabled Veterans' Homestead Exemption, the Longtime Homeowner Exemption, and the Green Roof Deduction. Each has its own specific eligibility requirements and application deadlines.
Homeowners in Rock Island County can take advantage of these exemptions and deductions to reduce their property tax burden. By understanding the criteria for each option and submitting applications on time, homeowners can potentially save thousands of dollars in property taxes each year.
How is Rock Island County Property Tax penalty calculated ?
Rock Island County Property Tax Penalty Calculation
The property tax penalty in Rock Island County is calculated based on the amount of taxes that are paid after the due date. The penalty is a percentage of the unpaid taxes that increases each month until the taxes are paid in full.
Here is an example of how the penalty is calculated:
| Month | Penalty Percentage |
|---|---|
| 1 | 1% |
| 2 | 2% |
| 3 | 3% |
| 4 | 4% |
| 5 | 5% |
| 6 | 6% |
| 7 | 7% |
| 8 | 8% |
| 9 | 9% |
| 10 | 10% |
For example, if a property owner owes $1,000 in property taxes and does not pay by the due date, they will be charged a 1% penalty in the first month, which is $10. If they still haven't paid by the second month, the penalty increases to 2%, which is $20. This continues each month until the taxes are paid in full or until the penalty reaches the maximum of 10%.
It's important to note that property taxes are due twice a year in Rock Island County, with the first installment due in June and the second installment due in September. If either installment is not paid on time, the penalty will begin to accrue.
In conclusion, property owners in Rock Island County should make sure to pay their property taxes on time to avoid accruing penalties. If they are unable to pay by the due date, they should contact the Rock Island County Treasurer's office to discuss payment options and potential penalty relief programs.
We recommend contacting the Rock Island County Tax Office or a local tax professional for the most up-to-date and accurate information.