Property Taxes
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.
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.
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.
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.
Report: Falling Property Values Mean Falling Tax Revenues In Chicago
Falling property values mean falling tax revenues in Chicago.
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.
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.
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.
‘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.
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.
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.
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.
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.”
New Lenox To Mail Out Property Tax Rebate Checks
One Chicago suburb is giving money back to its taxpayers.
Report: Property Taxes Way Up In Many Suburbs
Some suburbanites are feeling the pain of decreasing property values and increased taxes.
New Portal Site To Make Life Easier For Cook County Property Owners
Cook County property owners will soon have an easier time finding online information about their homes and property taxes.
DuPage Property Values Down, But Taxes Won’t Be Cut
Residential property assessments are down as much as almost 10 percent in DuPage County.
State Rep. Wants To Stop Property Tax Hikes When Home Values Drop
An Illinois House member says it’s not fair that property taxes go up when home values are plummeting.
Berrios: Seniors May Be Missing Out On Property Tax Savings
Cook County seniors who own homes are advised to read their property tax bills carefully, because officials say homeowners could be missing an extra chance to save serious money.
Property Values Down, But Property Taxes Up
It’s a cruel reality. Property taxes are up all over Chicagoland, according to a new report. In the city and suburb after suburb, property values are dropping, but tax levies for schools and services are going up.
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