Late Payment Penalty

  • 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.
Payment Date
1st Installment
2nd Installment
By June 2
0% 0%
June 3 - July 2
1.5% 0%
July 3 - August 2
3.0% 0%
August 3 - September 2
4.5% 0%
September 3 - October 2
6.0% 1.5%
October 3 - November 11
7.5% 3.0%
  • 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.