The number is the same as last year, but that doesn’t necessarily mean property tax bills will stay the same. Tax bills are determined by changes in the tax levies and local taxing bodies when they request money each year to provide services to local citizens.
According to the Illinois Department of Revenue, a multiplier is used by the state to ensure similar property across county lines is assessed equally. If there were no equalization among counties, substantial inequities among taxpayers with comparable properties would result.
Ideally, a property tax multiplier of 1.0 is aimed for by a county’s assessor.