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Property taxes are a major source of tax revenue for local government taxing districts. The property tax is a local tax, imposed by counties, townships, municipalities, school districts, and special taxation districts. The property tax in Illinois is imposed only on real property.
The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year.
McHenry Township is located in McHenry County, Illinois. As of the 2010 census, its population was 47,653 and it contained 19,120 housing units. [ 2 ] McHenry Township shares the distinction with Nunda Township as being the two largest townships by land area in McHenry County, at 48.3 square miles (125 km 2 ) each.
While property values rose in 2022, statutory limits on property-tax rates reduced the rate by over a dollar in nearly every taxing district this year, according to Assessor-Treasurer Mike Lonergan.
Lake Cook Road (alternatively referred to as County Line Road or Main Street in some areas) is a major east–west highway in Cook, Lake, McHenry, and Kane Counties in Illinois. For much of its length, it marks the border between Cook and Lake Counties, hence the name of the road.
McHenry County is a county located in the U.S. state of Illinois. According to the 2020 Census, it had a population of 310,229, [2] making it the sixth-most populous county in Illinois. Its county seat is Woodstock. [3] McHenry County is one of the five Illinois collar counties in the Chicago-Naperville-Elgin, IL-IN-WI Metropolitan Statistical ...
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