Assessor Kaegi was recently elected with a mandate from Cook County voters to “reform” the property tax assessment system. He campaigned on enacting massive changes to the methods of reassessment, and to the entire tax system. He spoke about assessment […]
It is not often that money just shows up in a person’s bank account, but with the assistance of technology, the Cook County Treasurer’s Office has refunded about $8.3 million to nearly 30,000 homeowners automatically, rather than have them fill […]
A variety of Illinois communities are banking on property tax levies to finance school district budgets and general funds in the coming year. School districts in Northbrook and the Rock Island County Board are just some of the state entities […]
Along with the changing of the calendar comes the posting online of property tax bills which will be due in March for Cook County. Why Would Owners Pay Tax Installments Early? Maria Pappas, Cook County treasurer, posted Cook County property […]
As Cook County residents get hit by the one-two punch of a new property tax assessment system coupled with rising real estate prices, they should consider appealing their property assessments to ensure that the taxes they pay align with the […]
Although the Cook County Assessor’s Office has made changes to the residential valuation system to provide more equality to the residential property tax process, it has failed to address the same inequities in the commercial property side. In addition, some […]
Since 2009, Cook County has increased its tax rate from 4.6 percent to 7.1 percent, magnifying the impact of inaccurate assessments on which property taxes are based. Property owners may be stuck with the higher tax rate, but they can […]
Hundreds of hospital property tax exemption requests remain on hold while the Illinois Supreme Court decides a case involving the constitutionality of a 2012 law that created an easier path for hospitals to acquire tax-exempt status. The case, brought by […]
Cook County Second Installment Tax bills are coming. You may be in for a surprise. Here’s what you need to know. Call Gary H. Smith: 312-236-7447.
