The Will County Board of Review Des Plaines River Valley Enterprise Zone responsibilities according the Illinois State Statute: Sec 18-170 are as follows:
A copy of an abatement order adopted under this Section shall be delivered to the county and to the board of review or board of appeals not later than July 1st of the assessment year to be first affected by the order. If it is delivered on or after that date, it will first affect the taxes extended on the assessment of the following year. The board of review or board of appeals shall, each time the assessment books are delivered to the county clerk, also deliver a list of parcels affected by an abatement and the assessed value attributable to new improvements or to the renovation or rehabilitation of existing improvements. (Source: P.A. 89-126, eff, 7-11-95; 89-671, eff. 8-14-96; 90-258, eff. 7-30-97.)
In short, the Board of Review determines if there has been any added assessed value to the parcel and then places abatement on the added assessed value of that parcel.
To receive an enterprise zone application or ask any questions contact: Dan Vera
Phone: (815) 740-4780
Email: DPRVEZone@aol.com
Or Village of Romeoville
Dawn Erickson
Secretary to the Mayor
Phone: (815) 886-7235 |