Who has the authority to change the Assessments established by the Assessor?
There are 4 entities that can change the assessment established by the Assessor’s Office. They are: 1) The CCAO (Chief County Assessment Officer) may apply an Equalization Factor on the Township. This would be done to bring the level of assessments to the State required 33.33% (1/3 of Market Value). 2) The State of Illinois may apply a multiplier. 3) The Stephenson County Board of Review. 4) Illinois State Property Tax Appeal Board.
