PROPERTY TAX · 2023 EXAMPLE
See where your taxes go.
Understand how assessed value and local taxing bodies shape a property-tax bill. This historical example covers Joliet Township in 2023.
Start with assessed value
Property taxes are based on assessed value and the combined rates of the taxing bodies serving a property. Schools, municipalities, fire districts, and county services can each appear on a bill.
A historical illustration
The original AIM example uses a $250,000 home and an equalized assessed value of $83,333, with a stated combined rate of 8.2918% and an approximate tax bill of $6,907.
Rates and exemptions vary by property and tax year.
Original taxing-body breakdown
The original table is preserved below. Its individual rows do not reconcile with the stated total; it should be reviewed against the underlying 2023 tax bill before being used for calculations.
| Taxing Body | Rate | % of Total | Amount ($) |
|---|---|---|---|
| School District 86 (Elementary) | 3.5444 | 42% | $2,901 |
| High School District 204 | 2.4226 | 28.7% | $1,980 |
| City of Joliet | 0.9978 | 11.8% | $817 |
| Joliet Fire District | 1.2111 | 14.6% | $990 |
| Will County | 0.5495 | 6.5% | $449 |
| Forest Preserve District | 0.1164 | 1.4% | $95 |
| Mental Health Board | 0.0362 | 0.4% | $30 |
| Joliet Township (Town + Roads) | 0.2914 | 3.5% | $239 |
| Joliet Park District | 0.3788 | 4.5% | $310 |
| TOTAL RATE | 8.2918 | 100% | $6,907 |