Property Taxes

(Credit: Thinkstock)

Lawmakers Seek Public Input On Plan To Revamp School Funding

State lawmakers who have predicted huge property tax hikes for suburban homeowners under a measure to overhaul funding for public schools have invited the public to provide input on the plan Tuesday night in Arlington Heights.

10/21/2014

Republican candidate for governor Bruce Rauner discusses plans to revamp property, income, and sales taxes in Illinois. (Credit: Craig Dellimore/CBS)

Rauner Announces Plan To Overhaul Income, Property, Sales Taxes

Republican candidate for governor Bruce Rauner on Thursday offered a plan to revamp the state’s tax system, and voiced support for raising the minimum wage, coupled with business reforms.

07/17/2014

Joseph Berrios

2 Investigators: Assessor Going After Tax Cheats Under New Law

It took two years for the Assessor Joseph Berrios to get new laws he needed for this action — an effort that began after a 2 Investigators report in 2011 on one of the biggest violators. CBS 2’s Pam Zekman reports.

06/09/2014

Gov. Pat Quinn (Credit: CBS)

Governor: Extending Income Tax Hike Could Help City Pensions

Municipalities statewide have pushed for legislative help for underfunded pensions. Mayors say costs have risen, pension obligations are crowding out spending for other services and raising property taxes may be the answer. Quinn’s against raising property taxes.

04/28/2014

Photo Credit Thinkstock

Kane County Property Tax Referendum Draws Opposition

A local anti-tax group wants to defeat a referendum next week which would raise Kane County property taxes to help developmentally disabled adults.

03/14/2014

Joseph Berrios

Berrios Says Bribery Case Trial Testimony Is ‘A Total Lie’

Cook County Assessor Joe Berrios had one word Wednesday to describe testimony linking him to allegedly corrupt property tax adjustment deals in a federal bribery trial: “Bull—-.”

10/24/2013

Chicago Teachers Union president Karen Lewis speaks about education reform at a City Club of Chicago luncheon. (Credit: CBS)

Lewis Points Finger At ‘Rich White People’ For School Problems

A day before the first set of school closings was set to begin, Chicago Teachers Union President Karen Lewis had some harsh words about how the Chicago Public Schools are funded and managed, blaming much of the district’s problems on racism.

CBS Chicago–06/19/2013

(Credit: Thinkstock)

Schools Worry About Covering Teacher Pension Costs

Public school administrators told lawmakers Thursday that some local districts would have to raise property taxes if legislators vote to have them cover the cost of teacher pensions.

05/10/2013

Better Government Association logo. (Credit: BGA)

BGA: Cook County Treasurer Received Improper Property Tax Exemptions

She’s the Cook County Treasurer – the woman responsible for collecting property taxes, but now the Better Government Association has found the county did not collect thousands of dollars it should have gotten from Maria Pappas and her husband years ago.

CBS 2–10/17/2012

Mitt Romney (Photo by Justin Sullivan/Getty Images)

Opinion: Mitt Romney’s Tax Problem

Mitt Romney is the person who needs to put up or shut up in his dispute with Harry Reid. There is no reason to believe a word he is saying about his taxes.

08/09/2012

Property Tax Payment

Time Running Out For Paying 2010 Property Taxes

Property owners who still haven’t paid their 2010 taxes are receiving one last chance to make good on their bills.

WBBM Newsradio–07/26/2012

Property Taxes

Report: Falling Property Values Mean Falling Tax Revenues In Chicago

Falling property values mean falling tax revenues in Chicago.

CBS Chicago–07/19/2012

Cook County Seal

County Property Tax Review Analysts Charged With Bribery

Two Cook County property tax review analysts have been charged by federal authorities for accepting $1,500 in bribes to help cut some homeowner’s assessments.

07/18/2012

Chicago Public Schools

CPS To Impose Maximum Allowable Property Tax Hike

The Chicago Public School System has not yet released its budget for the coming school year, but property taxpayers are already going to pay more.

CBS Chicago–06/28/2012

A Chicago church plans to build a 6,000-seat mega-church on this vacant lot in south suburban Riverdale, but the mayor doesn't like the plan, because the church wouldn't bring any property tax revenue to the cash-strapped village. (Credit: CBS)

Riverdale Mayor Hardly Excited About Church Replacing Vacant Lot

South suburban Riverdale has the unfortunate distinction of having one of the nine worst municipal credit ratings in the nation, so the last thing some city leaders want is a new church that won’t pay any taxes, but that’s exactly what they’re going to get.

CBS Chicago–06/25/2012

Photo Of A Cook County Property Tax Bill. (Helen Marshall/WBBM Photo)

‘Circuit Breaker’ Tax Break For Seniors Falls Victim To Budget Cuts

Gov. Pat Quinn says he did not want to kill the state of Illinois’ Circuit Breaker property tax grant program for low-income senior citizens, but he says he had little choice.

06/24/2012

Cook County Treasurer Maria Pappas

County Treasurer Works To Recover Money Overpaid To South Suburb

Cook County Treasurer Maria Pappas says the State’s Attorney is working to recover almost $7 million her office overpaid to the City of Country Club Hills and has yet to get back.

WBBM Newsradio–05/02/2012

Gov. Pat Quinn and Mayor Rahm Emanuel attend a forum to discuss financial issues facing city and state government, hosted by the Chicago Tribune. (Credit: CBS)

Emanuel, Quinn Call For Major Pension Reform

At a forum hosted by the Chicago Tribune on Wednesday, Mayor Rahm Emanuel and Gov. Pat Quinn agreed the ticking time bomb of underfunded public employee pensions is threatening to explode – or implode, as the governor put it.

CBS Chicago–04/04/2012

Property Taxes

Study: Tax Levies In Cook County Rose 48 Percent In 10 Years

A new study shows how far and how fast taxes have been going up in various municipalities in Cook County.

CBS Chicago–03/12/2012

Union workers for the Hyatt hotel chain protest property tax appeals filed by members of the Pritzker family, who own the hotel chain. (Credit: CBS)

Hyatt Hotel Union Blasts Pritzker Family For Property Tax Appeals

Union workers locked in a two-year contract dispute with Hyatt Hotels accused the Pritzker family who owns the hotel chain paying too little in property taxes, an allegation the hotel chain called “deeply offensive.”

WBBM Newsradio–03/01/2012

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