Jefferson County’s Final Property Tax Multiplier for 2024 Announced
Springfield, IL – The Illinois Department of Revenue (IDOR) has officially announced the final property tax multiplier for Jefferson County for the 2024 tax year. This crucial figure, released on July 1, 2025, at 5:00 AM, plays a significant role in determining the property tax bills for residents and businesses throughout the county.
The property tax multiplier, also known as the equalization factor, is applied to individual property assessments to ensure that all properties within a taxing district are assessed at a uniform level of their fair market value. When local assessors’ assessments do not reflect the statewide average of 33 1/3% of market value, the IDOR intervenes by issuing a multiplier.
For Jefferson County, the final multiplier for the 2024 tax year has been set at 1.0000. This means that the assessments in Jefferson County are already in line with the state’s equalization standard, and no further adjustment is needed by the IDOR. A multiplier of 1.0000 indicates that the county’s overall assessment level is considered equitable with the state average.
This announcement is a key step in the property tax cycle, providing clarity to local officials and taxpayers alike. Property owners can use this information as they review their assessment notices and anticipate their upcoming tax obligations.
The IDOR’s announcement underscores its commitment to fair and equitable property taxation across the state. By establishing these multipliers, the department ensures that the burden of funding essential local services, such as schools, police, fire departments, and road maintenance, is distributed justly among all property owners.
Residents and business owners in Jefferson County are encouraged to consult with their local county assessor’s office for specific details regarding their individual property assessments and how the final multiplier has been applied to their tax bills.
2024 Jefferson County Final Multiplier Announced
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