Madison County Property Tax Bills Are Out, and First Payment Is Due Next Month
EDWARDSVILLE — Madison County Treasurer Mike Babcock wants property owners to know tax bills were mailed on June 16, and the first installment due date is July 23. The remaining due dates are September 23, October 8, and December 8. Babcock said although the Treasurer’s Office serves as the county’s tax collector, it’s important to remember that the office doesn’t determine the amount that is billed. “Property tax bills are determined by four factors — the assessment, the equalization factor or ‘multiplier,’ the tax rate, and any exemptions,” Babcock said. Each year, taxpayers receive a bill that outlines where their tax dollars are distributed, payment options and important due dates. Babcock said his office mailed tax bills on more than 132,000 parcels. Over the past four years, the real estate market has experienced rising property values, which can increase assessed values and, in turn, the amount taxing districts