Webeach taxing entity adopts an annual budget and enacts a tax levy ordinance to determine how much property tax will be collected. Assessed value decreased, taxes increased. Webkankakee — kankakee county is more than halfway home in its collection of property taxes for this year with $129 million in the coffers that will be disbursed this. Webin an announcement that will affect homeowners and taxpayers across kankakee county, the illinois department of revenue (idor) has set the property.