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04/29/2022

Tax Relief Package

As part of the state budget that passed on April 9th, Illinois lawmakers approved a Tax Relief Package that includes: A six-month suspension of the state's scheduled 2-3 cent Motor Fuel Tax increase (July 1, 2022 through December 31, 2022).  A one-year suspension of a 1% sales tax on groceries (pharmaceuticals are exempted). This will not negatively impact local tax collections as the package establishes a new Grocery Tax Replacement Fund which reimburses local units of government. On your state income tax form/return, a one-time property tax rebate (up to $300 for specified taxpayers) and a one-time income tax rebate of $50 for single filers, $100 for joint filers, with an added $100 for each dependent (up to three) for select taxpayers based on their adjusted gross income. A "back-to-school" sales tax holiday on school supplies (August 5, 2022 through August 14, 2022). NOTE: Local tax collections will not be negatively impacted. The portion of the state's income tax going to local governments in the Local Government Distributive Fund (LGDF) would increase slightly from 6.06 percent to 6.16 percent.

Reminder: tax bills will be in the mail the first week of May

Look for your property tax bill in the mail the first week of May. No fee when you pay by eCheck online or by phone (877-690-3729, Jurisdiction Code: 7021).

Last day for ACH withdrawal application

Friday, May 20th is the last day to submit the ACH withdrawal application for the 1st installment (which is due June 6th).
In addition, the last day to cancel ACH withdrawal is Tuesday, May 31st. 

Click here for the form.

Fiscally Fit: "Know Your Worth!"

On Thursday, May 26th at 11am, we are hosting our Fiscally Fit financial literacy class called "Know Your Worth!". In simple terms, net worth is the difference between what you own and what you owe. Tracking your net worth over time offers a more meaningful view of your finances. This class will teach you how to calculate your net worth and how to use it to get a good measure of your financial fitness. Learn how to calculate your net worth because assets lead to wealth and financial security. To register, click here.  For a complete list of upcoming classes, or to view previous sessions, click here.

Office closed for Memorial Day holiday

In honor of Memorial Day, our office will be closed Monday, May 30th. We will resume with normal business hours (8:30am-5pm) on Tuesday, May 31st. 

May is Asian American and Pacific Islander Heritage Month

Join Treasurer Kim for a free, virtual discussion hosted by the North Suburban YMCA next Tuesday, May 3rd at 11am. Register here. 

Internship opportunity

Meet our Lake County Workforce Development success story, Jodin Jenkins! Read more about Jodin's path in the Success Newsletter. If you or someone you know is 18-24 years of age and not currently enrolled in school, you or they are eligible to apply for the Treasurer's Office Spring internship!

Clerk of the Circuit Court's Mobile Passport Event: April 30th

The Treasurer's Office will be at the Lake County Circuit Clerk's Mobile Passport Event this Saturday, April 30th in Vernon Hills. Click the flyer below for more information. 

County Clerk's Office seeks election judges

In the community

April was Sikh Awareness and Appreciation Month. Rajinder Bir Singh Mago paid us a visit at the office to say hello and show us the proclamation presented by Lake County Chair Sandy Hart.

Treasurer Kim attended the Avon Township Senior Fair on April 9th and the Zion Township's Senior Resource Fair on April 20th.

If you have an event and would like to invite the Lake County Treasurer to attend, please send us an e-mail.