Montgomery County tax multiplier at 1.0000 for 2023
HILLSBORO -- Montgomery County has been issued a tentative property assessment equalization factor of 1.0000, according to David Harris, director of the Illinois Department of Revenue. The property assessment equalization factor, often called the “multiplier,” is the method used to achieve uniform property assessments among counties, as required by law. This equalization is particularly important because some of the state’s 6,600 local taxing districts overlap into two or more counties. If there were no equalization among counties, substantial inequities among […]
