Cook County government has historically kept its property tax levy relatively flat, especially when compared to the other largest government bodies in Cook County including the City of Chicago and Chicago Public Schools, both of which have…
Chicago Mayor Lori Lightfoot’s proposed budget for the fiscal year starting January 1, 2021 includes a property tax increase of $93.9 million for a total property tax levy of $1.6 billion. This blog post will explore the three component…
The Civic Federation recently released its annual Effective Property Tax Rates report. The report…
The Civic Federation recently released its annual Effective Property Tax Rates report, which…
The Civic Federation recently released its annual Effective Property Tax Rates report, which…
In the State of Illinois, non-home rule units of government located in counties subject to the Property Tax Extension Limitation Law (PTELL) are limited in the size of their annual property tax extension to 5% or the increase in the…