ROCKFORD, Ill. (WTVO) — If you're a Rockford homeowner, the second installment of your property taxes were due Friday, Sept. 5.
You may pay Winneago County directly. Or, you may escrow your taxes, meaning your lender makes your payments on your behalf. Either way, do you ever wonder exactly where property taxes collected from Rockford homeowners go?
Based on a home with an assessed value of $150,000, here’s a breakdown of how much each taxing body collects, ranked from highest to lowest for the year 2024.
1. Rockford Public School District 205
Tax Rate: 4.7899 Taxes Paid: $2,395.61 The largest slice of your property tax bill goes to the local school district, supporting education, staff, and facilities.
2. City of Rockford
Tax Rate: 1.9303 Taxes Paid: $965.15 City services like polic