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Property Taxes May Be Paid in Installments
Property Tax Bill Payments May Be Paid in Four Installments
In recognition of the financial hardship that many Lake County taxpayers are experiencing in light of the COVID-19 pandemic, the County Board unanimously passed an ordinance that allows taxpayers to spread their property tax payments over four installments, instead of the usual two installments.
The payments were originally due on June 8 and Sept. 8. Under the ordinance, property owners must still pay the full amount of taxes due, but may spread them over four payments on the schedule outlined below without incurring any interest penalties, as long as the payments are made by the following dates:
- 50% of the first installment payment is due by June 8, 2020
- 50% of the first installment payment is due by Aug. 7, 2020
- 50% of the second installment payment is due by Sept. 8, 2020
- 50% of the second installment payment is due by Nov. 9, 2020
Please call the Lake County Treasurer Holly Kim's office at 847 377-2323 if you have questions.
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