Payments must be specifically authorized by law or by the
County Board.
It is the duty of the County Treasurer to invest and reinvest
any funds which are not used within 30 days. The County’s money is invested in
banks in or within close proximity to DeKalb County. Investment objectives are
safety of principal, liquidity, and maximum rate of return.
Each month the Treasurer reports to the County Board the
amounts of money invested in banks listed by account and whether the money is in
a NOW account or if the money is otherwise invested.
The County Collector prepares bills and receipts for the
purpose of tax collection of real estate, drainage and mobile home taxes within
the county.
Upon receipt of the tax monies the County Collector proceeds
to disburse these funds to the more than 150 taxing districts. Tax collection
funds are kept in interest-bearing accounts. The interest earned on these
accounts is disbursed to the various taxing districts proportional to the amount
of tax collected for them.
The County Collector holds a tax sale at the end of every tax
year to sell the tax on every parcel that remains unpaid.
The County Collector receives and records inheritance tax.
She must report and pay inheritance tax collections to the State Treasurer.
Quarterly reports are sent to the Illinois Attorney General on unpaid
inheritance taxes.
The Treasurer collects and distributes, as required,
transfers of monies from the state. These transfers include in part; sales tax,
supplemental sales tax, income tax, income tax surcharge, salary reimbursement,
replacement tax, inheritance tax, emergency management assistance program monies
and motor fuel tax.
The Treasurer reimburses claims for damage to animals injured
or killed by dogs. She also acts as the treasurer for the Emergency Telephone
System Board 911.
The Treasurer assists senior citizens in filing for Real
Estate Tax Deferral. The Treasurer reviews and grants the tax deferral to those
who meet the requirements. Information pertaining to approved deferrals is then
reported to the Illinois Department of Revenue.
The Treasurer maintains tax records from the year 1851 and
makes them available to the public for researching historical tax data.
The Treasurer also makes available County tax records and
maps for use by tax searchers and other concerned parties.