An Illinois House member says it’s not fair that property taxes go up when home values are plummeting.
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.
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.
There are millions of dollars in homeowners exemptions given to Illinois property owners — tax breaks that some don’t deserve. That means everyone else is paying more than their fair share of taxes.
Cook County property owners can now attempt to lower their tax bills online — potentially saving time and hassle for thousands of county residents.
The second installment of Cook County property taxes is tentatively due in the first week of November, Cook County Treasurer Maria Pappas announced this week.
For the first time, Cook County could soon be collecting property taxes from one of Chicago’s biggest and most successful hospitals.
Illinois State Sen. Iris Martinez (D-Chicago) is using a state decision to end tax breaks for some hospitals, as a lever to produce more charity care for the needy.
Mayor Rahm Emanuel is reaffirming his opposition to raising taxes to close the City of Chicago’s $635.7 million budget shortfall.
Finances are on the mind of Chicago Public Schools chief executive officer Jean-Claude Brizard, on the first day of the new school year for some students.
Chicago Public Schools administrators, still faced with a deficit of more than $600 million after making significant cuts, are considering more job cuts and a property tax increase.
A property owner can get a tax break by claiming a homeowners exemption for their main residence. But why are some people claiming more than one? 2 Investigator Pam Zekman reports.
The day after he suggested he was looking at the matter, Mayor-elect Rahm Emanuel is reassuring non-for-profit groups that he does not intend to end their property tax exemptions.
On his first full day as mayor-elect of Chicago, Rahm Emanuel said Wednesday that he would not consider a property tax hike to address the city’s underfunded pension systems.
Chicago mayoral hopeful Carol Moseley Braun went on the attack on two major rivals for their financial histories and political connections, after days of facing questions about her own finances.
New information continues to surface about the finances of mayoral candidate Carol Moseley Braun.
Mayor Richard M. Daley is less than pleased with a new police and firefighter pension law just signed by Gov. Pat Quinn.
A taxpayer watchdog group is out with a recommendation – simplify Cook County’s complicated property tax system.
Gov. Pat Quinn will not say if he plans to sign new pension legislation that has Mayor Richard M. Daley upset over increased costs they say could send property taxes skyrocketing.
Property tax revenue collected from a special downtown business district in southwest suburban Joliet is going up 21 percent next year, but it’s not because of a tax rate increase.