Seniors still have two weeks to apply for the state’s Senior Citizen Real Estate Property Tax Deferral Program. Will County Treasurer Pat McGuire said the program lets residential property owners 65 and over defer up to 100 percent of their property taxes at six percent simple interest.
The application deadline is March 1st. To qualify, your income must be less than $50,000 per year.
“Shrinking pensions and rising costs make the deferral program more important than ever,” McGuire said. “If you’re a senior, the program might make financial sense for you. Seniors using the program last year on the average got out from under almost $3,000 in property taxes.”
More information about the program is available by calling the treasurer’s office at 815-740-4691 or on the website at www.willcountytreasurer.com. You can also visit the treasurer’s office at 302 N. Chicago St. in Joliet from 8:30 a.m. to 4:30 p.m. weekdays. The office is closed today, Feb. 15th.
In about half an hour, county representatives can tell you whether you qualify for the program, what documents you need to provide, and help you complete your application.