Peoria County Treasurer Nicole Bjerke is asking the Peoria County Board to adjust the amount due for the first installment of real estate taxes in response to the hardships created from COVID-19. Her recommendation, that taxpayers may choose to split their first installment into two equal payments, passed through committee and will go before the full County Board for a vote on Thursday, April 9, 2020.
Should it pass, 50 percent of the first installment would be due on June 9, 2020. The second half of the first installment would be due by August 10, 2020. As long as the deadlines are met, no late penalty will be assessed.
Second installment payments are still due in full by September 9, 2020 at this point in time.
“I understand that many of our residents have financial concerns and may have suffered a loss of income. I recognize some may need a little longer to pay this year, and I have also tried to balance that need with the needs of the taxing districts that my office distributes monies for,” says Treasurer Nicole Bjerke.
This one-time program, created specifically in response to COVID-19, is meant for those who are unemployed or underemployed. Those who can make the payment in full are asked to do so.
The Peoria County Treasurer’s Office collects and distributes property tax money for approximately 150 local taxing districts. This includes fire protection districts, townships, schools, local governments, libraries, and more.
“These organizations house many of our first responders, and we absolutely need to make sure they are able to continue to serve, make payroll, and maintain investments in the community,” Treasurer Bjerke explains. “These organizations count on a distribution of funds in June, and they have planned their budgets around this annual timeline. While their distribution may be smaller this year, it will still help to keep them financially stable.”
Those with mortgages that currently do not escrow their taxes through their mortgage payments, but may be struggling to pay at this time, should contact their bank/mortgage lender directly to inquire about what options are available to them for assistance.
Questions regarding the payment of your taxes should be directed to the Peoria County Treasurer’s office at (309) 672-6065, option 5, or at email@example.com.