I have received an assessment notice in the mail. What does this mean to me?

The Illinois Property Tax Code requires assessment officials to mail assessment notices to taxpayers if their property has received an individual change in their assessment. It does not require a notice if the change was due to an equalization factor, sometimes known as a township multiplier. It is your responsibility to review the notice for assessment accuracy. Residential, commercial and industrial properties should be assessed at 33 1/3% of fair cash value. If you have any questions regarding the notice, contact your Township Assessor or contact the County Assessment Office.

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1. Are there any exemptions that provide property tax relief?
2. I believe my assessment is too high. What should I do?
3. I would like more information about my property assessment or assessments in my neighborhood. Is this information available?
4. How do I change the mailing address on my tax bill?
5. I have received an assessment notice in the mail. What does this mean to me?
6. How can I get a duplicate copy of my tax bill?
7. What are township equalization factors (sometimes called multipliers) - and how are they determined?