Carol Stream property tax bills are issued by DuPage County on or about May 1st of each year for the preceding tax year (e.g. tax bills issued in 2018 apply to 2017 taxes). Your property tax bill is made up of payments to a number of separate local government units including county, township, village, library, fire district, park district, and various school districts.
Your tax bill is computed based on the assessed value of your property (less applicable exemptions) multiplied by a tax rate. Learn more about the assessment process HERE. The tax rate you pay depends on where you live within the Village. There are thirteen (13) different tax codes and tax rates within Carol Stream that represent the various combinations of taxing bodies that operate within Carol Stream's boundaries.
Typical Property Tax Bill
The tax bill illustration shown below shows the most common tax rate (tax code 2046) in Carol Stream for 2017 taxes (paid in 2018) and shows how taxes are allocated by general taxing body using a median home value of $228,500 as reported by the U.S. Census Bureau.
The Village does not levy any property tax to fund Village operations or capital improvements.