Tax FAQ: What Will Happen If I Don’t Pay My Property Taxes?
- Editor’s Note: This is the third of a series of articles sharing information from the Frequently Asked Questions about the 2014 (payable 2015) Kane County Property Tax Bills document published online through the coordinated efforts of Kane County Supervisor of Assessments Mark Armstrong, Kane County Clerk John A. Cunningham and Kane County Treasurer David Rickert.
Obviously, it’s a good idea to pay your property taxes. What happens if you just decide not to?
That’s an interesting question, and perhaps not-so-surprisingly given the previous stories in this series, there’s an answer to that very question in Frequently Asked Questions about the 2014 (payable 2015) Kane County Property Tax Bills. We’ve provided that Q&A here, along with a little extra info from the Kane County Treasurer’s Office and Kane County Clerk’s websites.
Q: What will happen if I don’t pay my property taxes?
A: Your taxes may be sold at the annual tax sale, which is held in October of each year.
If your taxes are sold, you will retain the right to redeem your property for two and one-half years if it is your principal dwelling. Other property must be redeemed within two years. To redeem it, you will have to pay costs and interest in addition to any tax due. For more information, contact the County Clerk’s Tax Redemption Department.
Important Tax Due Dates
2014 Taxes Payable in Year 2015
Taxpayers can expect to receive a tax bill by the 1st week of May. If you do not receive a tax bill call the Treasurer’s Office at (630) 232-3565 and request a duplicate tax bill. Warning failure to receive a bill will not negate your tax liability! Office hours are Monday through Friday 8:30 a.m. to 4:30 p.m. except holidays.
Additional information from the County Clerk’s Tax Redemption Department page is as follows:
Kane County Clerk’s Tax Redemption Information
Every year on the last Monday of October, the Kane County Treasurer holds its annual tax sale to auction off all unpaid taxes for the current year. Any questions on Tax Sale procedures and delinquent property lists should be addressed to the Kane Treasurer.
If your unpaid taxes have been sold, the Clerk’s office can provide you with an Estimate of Redemption, detailing the amount necessary to redeem (pay) your taxes and remove the threat of losing your property.
Redemption can only be made by means of cash, certified funds or money order made payable to the Kane County Clerk. Once the redemption is satisfied a receipt will be issued.
If the property owner fails to pay taxes the next year by the third week in September, the tax buyer who purchased the prior year can purchase the subsequent year at 12 percent interest.
Tax Buyer Information packet
Tax Sale Judgment Books
- 2013 Judgment Book (3.5 mb)
- 2012 Judgment Book (3.7 mb)
- 2011 Judgment Book (4.8 mb)
- 2010 Judgment Book (5.6 mb)
- 2009 Judgment Book (4.2 mb)
- 2008 Judgment Book (4.7 mb)
Tax Bill Explanation
For more information
- Visit:Kane County Clerk
719 S. Batavia Ave, Bldg. B
Geneva, IL 60134 - Call: (630) 232-5964
- Fax: (630) 232-5488
- Hours: 8:30 a.m. to 4:30 p.m. Monday – Friday
For More Information
- For questions about exemptions or appeals, call the County Assessment Office at 630-208-3818 or visit KaneCountyAssessments.org.
- For questions about how tax rates are developed, call the Kane County Clerk at (630) 232-5964 or visit KaneCountyClerk.org.
- For questions about tax bills or payments, call the Kane County Treasurer at (630) 232-3565 or visit KaneCountyTreasurer.org.
- FAQ page on the Kane County Clerk’s Office website
Related Stories
- Your Tax Bills Are Coming!
- Relevant Tax Statistics
- Top 10 Kane County Taxpayers
- Estimate of Average Property Tax Bill by Township
- Where Your Property Tax Money Goes, Where It Comes From
Tax Bill FAQ Series
- First in Series: Did My School District Hold Its Levy Flat?
- Second in Series: My Assessed Value Declined; Why Did My Tax Bill Go Up?
- Today: What Will Happen If I Don’t Pay My Property Taxes?
