DuPage Property Tax Deferral Program helps seniors with property tax obligations

Qualifying seniors ages 65 and older can apply through March 3 for the Senior Citizen Real Estate Tax Deferral Program in DuPage County. Those who qualify can defer up to $5,000 of their property taxes until the time they sell their home.

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Illinois’ Gov Quinn signs bill giving seniors a break on property tax. At a cost.

Senior citizens in most of Illinois will get a break on their property tax bills next year because of a bill Gov. Pat Quinn signed recently. That’s good, much-needed relief.

However, seniors getting a break means the rest of us will pay more. The tax pie won’t shrink because local taxing bodies are entitled to get the same amount they did the year before, plus the rate of inflation. That’s the way the Property Tax Extension Limitation Law, commonly referred to as tax caps, works.

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