Illinois Department of Revenue
 
 
Got Questions?
 
 
 
 
 

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

 
 
Answer #360 -- ( Published 10/12/2005 12:21 PM | Updated 08/08/2012 10:00 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 assessor 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:

  • 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.

Counties with 50,000 or less inhabitants:

  • 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.

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

Answers others found helpful


Submit a question

:
:

:


 
 
Answer Center
 
 
Quick Links
 
 
 
 
Information For
 
 
 
 
About IDOR