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Who qualifies for the $3,000 assessor’s bonus?

Answer #360 -- ( Published 10/12/2005 12:21 PM | Updated 07/12/2017 10:40 AM )

Who qualifies for the $3,000 assessor’s bonus?

The applicant must be the elected or appointed township or multi-township assessor, or supervisor of assessments for the jurisdiction. Individuals on contract to assess property for a township are not eligible. Additional qualifications are based on county population.

Counties with less than 3,000,000 but more than 50,000 inhabitants:

  • Three year average of the median level of assessment – not more than 35.33% and not less than 31.33% of fair cash value of property within the assessment jurisdiction.
  • A coefficient of dispersion (COD) not greater than 15.00%.

Counties with 50,000 or less inhabitants:

  • Three year average of the median level of assessment – not more than 35.33% and not less than 31.33% of fair cash value of property within the assessment jurisdiction.
  • A coefficient of dispersion not greater than 30.00%.

Note: COD’s are rounded to the nearest whole number (i.e., 15.49% rounds to 15%).

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