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.
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.
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.
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.
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.
A new study shows how far and how fast taxes have been going up in various municipalities in Cook County.
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.”
One Chicago suburb is giving money back to its taxpayers.
Some suburbanites are feeling the pain of decreasing property values and increased taxes.
Cook County property owners will soon have an easier time finding online information about their homes and property taxes.
Residential property assessments are down as much as almost 10 percent in DuPage County.
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.