Accessibility Tools

Equalization

 

Township/Multi-Township Factor
Cherry Valley 1.0896
Durand/Laona 1.0306
Harlem 1.0860
Owen 1.0720
Pecatonica/Seward 1.0649
Rockford 1.1106
Rockton 1.0853
Roscoe 1.0766
Winnebago 1.0772
Shirland/Harrison/Burritt 1.1260

 

  • Equalization is the adjustment of the median level of assessment up or down so that the tax burden is "equalized" among taxing districts.
  • State law requires equalization in order to bring assessments to the level required by state law, which is 33.33% of fair cash value.
  • Equalization is accomplished by the use of an Equalization Factor, which is a factor applied to all non-farm assessments.
  • Equalization factors can occur at four levels:
    • Neighborhood level, as applied by the Township Assessor.
    • Township level, as applied by the Supervisor of Assessments.
    • Township level, as applied by the Board of Review.
    • County level, as applied by the Illinois Department of Revenue.