washington township graphic.2

Assessor Reports Increase in Senior Exemption Income Limits

Spread the love

Washington Township Board Meeting | Jan. 5, 2026

Article Summary: During the January meeting, Assessor Patricia Peters informed the Washington Township Board of a new state bill that raises the maximum household income for senior exemptions. The new limits will take effect starting with the 2026 tax year.

Senior Exemption Key Points:

  • New Legislation: A newly passed state bill has increased the “maximum household income” threshold required to qualify for the senior exemption.

  • 2026 Tax Year: For the 2026 tax year (payable in 2027), the income limit will rise to $75,000.

  • Future Increases: The limit will increase to $77,000 for the 2027 tax year (payable in 2028) and $79,000 for the 2028 tax year (payable in 2029).

Washington Township Assessor Patricia Peters provided a significant update regarding property tax relief for seniors during the Township Board meeting on Monday, January 5, 2026.

Peters reported that the state has passed a new bill increasing the maximum “household income” allowed for residents to qualify for the senior exemption. The adjustment will allow more seniors to qualify for tax relief in the coming years.

According to the figures presented by Peters, the new income levels are set at $75,000 for the 2026 tax year (payable in 2027), increasing to $77,000 for the 2027 tax year, and capping at $79,000 for the 2028 tax year.

In other financial reports, Clerk Joe Burgess presented the 2025 income and expense report for the Washington Township Food Pantry. Burgess noted that the pantry is currently fully funded through donations for the 2025 fiscal year. However, he suggested that the board consider adding line-item funding for the program during upcoming budget discussions for the next fiscal year to ensure continued stability.

Leave a Comment





Latest News Stories

Polis calls for return of Victims of Crime Act grant funding

Polis calls for return of Victims of Crime Act grant funding

By Elyse ApelThe Center Square Colorado Gov. Jared Polis is calling for the Trump administration to end restrictions it has put on Victims of Crime Act grants. The funding in...
Billions in investment, thousands of jobs coming to RGV from LNG facility, pipeline

Billions in investment, thousands of jobs coming to RGV from LNG facility, pipeline

By Bethany BlankleyThe Center Square (The Center Square ) – Billions of dollars worth of investment and thousands of jobs are coming to the Rio Grande Valley (RGV) after Liquified...
Bessent says Federal Reserve 'must change course'

Bessent says Federal Reserve ‘must change course’

By Brett RowlandThe Center Square Treasury Secretary Scott Bessent said the Federal Reserve "must change course" on monetary policy in his most public comments on the central bank since the...
Legislation to end cashless bail in D.C., nationwide introduced in Senate

Legislation to end cashless bail in D.C., nationwide introduced in Senate

By Sarah Roderick-Fitch | The Center SquareThe Center Square (The Center Square) – Nearly two weeks after President Donald Trump issued executive orders to take steps to eliminate cashless bail...
Chicago ranks near bottom in survey of best and worst run cities

Chicago ranks near bottom in survey of best and worst run cities

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – The city of Chicago ranks near the bottom in the new Best & Worst-run cities in...
WATCH: Pritzker to sue ‘immediately’ if Trump sends guard; GOP AG candidate profile

WATCH: Pritzker to sue ‘immediately’ if Trump sends guard; GOP AG candidate profile

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop delivers the latest...
Illinois quick hits: Northwestern president resigns; unemployment claims rise

Illinois quick hits: Northwestern president resigns; unemployment claims rise

By Jim Talamonti | The Center SquareThe Center Square U OF I Medicine investigated for antisemitism University of Illinois College of Medicine officials have until Monday, Sept. 8, to produce...
WATCH: Pritzker: Will go to court 'immediately' if Trump deploys National Guard

WATCH: Pritzker: Will go to court ‘immediately’ if Trump deploys National Guard

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says he will go to court if President Donald Trump sends the National...
Illinois quick hits: Madigan attempts another appeal; prison mail scanning rules proposed

Illinois quick hits: Madigan attempts another appeal; prison mail scanning rules proposed

By Jim Talamonti | The Center SquareThe Center Square Madigan attempts another appeal Former Illinois House Speaker Michael Madigan is making another attempt to stay out of prison. Madigan filed...
IL US Rep: Failing schools cost billions in 'epidemic' of poor proficiency

IL US Rep: Failing schools cost billions in ‘epidemic’ of poor proficiency

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – An Illinois congresswoman says students’ failure to learn basic reading and math has major economic consequences. During...
Plaintiffs weigh steps after appeals court upholds transit concealed carry ban

Plaintiffs weigh steps after appeals court upholds transit concealed carry ban

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Plaintiffs in a case challenging the prohibition of concealed carry on Illinois mass transit are reviewing their...
IL comptroller candidate touts experience, focuses on transparency

IL comptroller candidate touts experience, focuses on transparency

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – A state representative running for Illinois comptroller says she’s got the life, professional and government service experience...
WATCH: Pritzker expects feds soon; appeals court affirms transit concealed carry ban

WATCH: Pritzker expects feds soon; appeals court affirms transit concealed carry ban

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares the latest...
Illinois quick hits: Economic conditions show stability; EPA recruitment efforts

Illinois quick hits: Economic conditions show stability; EPA recruitment efforts

By Jim Talamonti | The Center SquareThe Center Square Economic conditions show stability The Federal Reserve Bank of Chicago’s National Financial Conditions Index was unchanged at –0.53 in the week...
WATCH: Pritzker focuses on violence intervention; VP won’t confirm deployments

WATCH: Pritzker focuses on violence intervention; VP won’t confirm deployments

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Vice President J.D. Vance is not confirming reports shared by Gov. J.B. Pritzker that federal deployments may...