Property Taxes

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

Money (CBS)

New Lenox To Mail Out Property Tax Rebate Checks

One Chicago suburb is giving money back to its taxpayers.

WBBM Newsradio–03/01/2012

Property Taxes

Report: Property Taxes Way Up In Many Suburbs

Some suburbanites are feeling the pain of decreasing property values and increased taxes.

CBS Chicago–02/23/2012

Cook County government seal (CBS)

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.

WBBM Newsradio–02/17/2012

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.

CBS Chicago–11/21/2011

Property Taxes

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.

CBS Chicago–11/04/2011

Joseph Berrios

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.

CBS Chicago–09/28/2011

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

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.

CBS Chicago–09/19/2011

Northlake Mayor Jeffrey Sherwin (Credit: Triton College website)

Northlake Mayor Got Tax Breaks He Didn’t Deserve

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.

CBS 2–09/14/2011

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

You Can Now Try To Lower Your Cook Property Taxes – Online

Cook County property owners can now attempt to lower their tax bills online — potentially saving time and hassle for thousands of county residents.

09/06/2011

Photo Of $20 And $10 Bills. (AP Photo)

Cook County Property Tax Installment Tentatively Due In November

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.

CBS Chicago–08/26/2011

(Credit: CBS)

Preckwinkle Plans To Begin Collecting Property Taxes From Prentice

For the first time, Cook County could soon be collecting property taxes from one of Chicago’s biggest and most successful hospitals.

CBS 2–08/24/2011

Hospital Bed Generic

State Senator: More Charity Care Is Needed At Illinois 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.

CBS Chicago–08/17/2011

Chicago Mayor Rahm Emanuel. (Credit: City of Chicago)

Emanuel Reaffirms Opposition To Raising Taxes For City Budget

Mayor Rahm Emanuel is reaffirming his opposition to raising taxes to close the City of Chicago’s $635.7 million budget shortfall.

CBS Chicago–08/11/2011

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