Assessor Reports Increase in Senior Exemption Income Limits
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.
Latest News Stories
Dems sue over Trump’s executive order on mail-in ballots
GAO again warns Congress about nation’s ‘unsustainable fiscal path’
Millionaire’s tax proposal draws mixed reviews as deadline approaches
U.S. fighter jet shot down over Iran; frantic search and rescue underway
Universities warn state funding delays are wasting millions in taxpayer investment
Trump seeks 44% increase to boost military budget to $1.5 trillion
Illinois Quick Hits: Loyola student’s alleged killer faces federal firearm charge
U.S. adds 178k jobs in ‘strong’ March report amid Iran conflict
Will County Kicks Off Comprehensive Land Resource Management Plan Update with Focus on Proactive Zoning and Environmental Justice
Infighting and Calls for Resignation Disrupt Will County Board Meeting
Will County Land Use Committee Splits Votes on Massive Earthrise Solar Projects Amid Intense Public Opposition
Groups react to HHS, EPA flagging microplastics for further study