According to the Illinois Compiled Statues, 35 ILCS 200/15 the Lake County Collector is bound by state law to collect 1.5% penalty per month on any unpaid installment balance after the due dates.
For this year due dates are June 2nd and September 2nd, therefore the penalty is calculated on the 3rd of each month and is not prorated by state law.
Forgiveness of the penalty must be due to a Lake County error and must be documented.
Not receiving a tax bill, medical emergencies, travel or payment history do not qualify for exemption.
By June 2
June 3 - July 2
July 3 - August 2
August 3 - September 2
September 3 - October 2
October 3 - November 11
On October 6, 2016 a $10 fee for final notice and publication will be added to your tax bill.
As of November 1, 2016 only the following forms of payment will be accepted: cash, cashiers check, money order, certified check and credit cards (Credit cards taken in house only. Please call our office for details).
To avoid tax sale, payments must be received in the Treasurer’s Office by 5 p.m. on Friday, November 10, 2016.