The Illinois Department of Revenue (IDR) has issued a final property assessment equalization factor of .9477 for Lawrence County.
The property assessment equalization factor, also known as the "multiplier" is the method used to achieve uniform property assessments among counties as required by Illinois law. Property in Illinois is assessed at 1/3 of its market value. Farm property in Illinois is assessed differently. Assessments in Lawrence County are at 35.17% of market value, based on the sales of properties in the years 2021. 2022 and 2023.
The final factor was issued by the IDR after a required public hearing. The equalization factor currently being assigned is for 2024 taxes, payable in 2025. The 2024 equalization factor for the county was 1.000.
Shelby County Public Library renovation underway schedule changes begin next week
Former Indiana online charter schools director convicted of wire fraud and conspiracy in largest theft of public funds ever prosecuted in Southern District of Indiana
Muncie teen killed in Hancock County car-semi crash
SCPL seeks public input for strategic plan
Nearly 3,000 Indiana students to explore career pathways at LENS Apprenticeship Showcase
Housing increasing in Rushville aided by READI
Prep your vehicle for winter weather
SHS students attend Indiana Junior Classical League at Ball State University
