Evanston residents 65 years of age and older should have received renewal forms for senior citizen property tax exemptions already, and must file them by Feb. 4. Local seniors can call the Property Tax Assessment Review office at 847-448-8168 for help getting and completing the forms. The forms are also available online at cookcountyassessor.com.
The recently mailed senior applications are for the 2014 property taxes, which are paid in calendar year 2015. The savings from the exemptions will appear on the second installment tax bills that will likely be mailed in late June and will be due August 1.
There are two senior tax exemptions:
• The Senior Exemption, available to all seniors regardless of income, reduces property taxes by about $400-$500. It is available to any owner-occupied residential property if the owner was born in 1949 or earlier.
• The Senior Freeze may provide some seniors with additional savings if the combined 2013 income of all members of the household was less than $55,000, and if the senior has been an owner-occupant of the property since Jan. 1, 2013.
Homeowners who purchased a home for their primary residence in 2013 and possibly 2014 may be eligible to receive the Homeowner Exemption, which would reduce property taxes by some $600 or $700. New homeowners will only need to apply for the Homeowner Exemption once. It will be automatically applied each year thereafter.