FIRST INSTALLMENT TAX BILLS ARE DUE MARCH 1
Contact: Nora Martinez-Gomez
Bloom Township Assessor
First installment property tax bills for tax year 2015 arrived in the last week of January. Property taxes are paid in two installments, the first installment bill is fifty-five percent (55%) of the total property tax bill for the previous year, and will be due on March 1, 2016.
Taxpayers should note that first installment tax bills will not reflect homeowner, senior citizen or other exemptions, nor will they reflect the impact of successful assessment appeals that were filed for tax year 2015. The first installment is an estimate based on what was paid last year. When the second installment bill is mailed in the summer, it will reflect all exemptions for which the property is eligible, as well as any savings due to successful 2015 tax appeals.
Details about Paying Taxes. If money for property taxes is paid into an escrow account with a taxpayer’s mortgage company, the financial institution should receive the tax bill electronically, even if the taxpayer also receives a copy of the bill.
Property owners who do not have mortgage companies paying their taxes can make tax payments in person, by mail, or on-line at the Cook County Treasurer’s web site, www.cookcountytreasurer.com. In-person payments are accepted at the Cook County Treasurer’s downtown office at 118 N. Clark Street and at any Chase Bank in the Chicago area. Chase branches most convenient to Bloom Township are located at:
18701 S Halsted St 18301 Dixie Hwy
3200 S Chicago Rd, Ste A 3115 Ridge Rd
South Chicago Heights Lansing