Manhattan Township Assessor - Joe Oldani  PH & FAX (815) 478-5154   Tax Rate Page      HOME
See Additional Information Topic #5 relationship between Tax Rate, Tax Levy, and Assessment.

The 2011 Tax Rate should be used to calculate taxes payable in 2012 if it is not available please use the 2010 rate for an estimate.  The tax rates each year are calculated by the county clerk's office.  They are usually available by May of the current calendar year the tax bill is due.  In Will County the 1st half of a Real Estate Tax bill in due in June 1, and the 2nd half is due in September 1,.  A current year Sale Price multiplied by the 2011 Effective Tax Rate is one way to estimate the amount of a tax bill.  When the 2011 rate is not available use the prior year Effective Tax Rate to calculate the estimated tax bill.  In Manhattan Township Tax Code Area 1403 has the lowest tax rate therefore the lowest real estate tax bill for a given assessment. REVISED TAX RATES 4-30-2011 for 2011 assessments  taxes payable in 2012.

This data will be updated in May of each year.  The data below is a 2-year tax rate history for each Tax Body whose tax levy creates a partial tax rate that contributes to the total tax rate for each Tax Code shown above.  In theory as the assessed value of a jurisdiction increases the individual Tax Body can levy to allow their individual Tax Rate to drop and still receive more tax dollars for their operating expenses.  A negative number in the Rate Change Percent Column below indicate the ones with this conservative approach.  Revised for 2010 Tax Rates 4-30-2011.