53,000 Cook County homeowners to receive $19.5M in property tax refunds
53,000 Cook County homeowners to receive $19.5M in property tax refunds
Millions in property tax refunds will go out to Cook County homeowners as early as Aug. 15.
Michael Serrano
Michael Serrano
“I head over to Indiana at least three times a month to get groceries, cigarettes, gas, anything that is taxed less. Part of it is that I’m trying to watch out for my pocketbook, the other part is to just not give any more of my tax dollars to Illinois. “Politicians only care about themselves....
Jamie Grubich
Jamie Grubich
“I grew up here. I came back here after college and I was in the military and I was with a unit in Rockford. I was a [National] Guard and reserve member for 13 years. “It makes me sad to think there’s a possibility that I might not want to live here. “I liked having...
Why your property tax bill is so high, and how to fix it
Why your property tax bill is so high, and how to fix it
Less than 50 cents of every additional property tax dollar over the last 20 years went to pay for services that raise home values. Instead, the primary driver of the rise in property taxes was pension costs.
Rauner gives DuPage County green light to pursue consolidation effort
Rauner gives DuPage County green light to pursue consolidation effort
A new law will allow DuPage County to dissolve its election commission and transfer its functions to the county clerk’s office, saving taxpayers hundreds of thousands of dollars.
Naperville begins collecting Airbnb tax as similar taxes loom downstate
Naperville begins collecting Airbnb tax as similar taxes loom downstate
As Airbnb begins to remit Naperville’s hotel/motel use tax, some downstate municipalities are considering similar measures.
Ankle breaker: Dwyane Wade’s property taxes total nearly half home’s value over past 10 years
Ankle breaker: Dwyane Wade’s property taxes total nearly half home’s value over past 10 years
Dwyane Wade’s Matteson home has been on the market since May. At its current 5 percent effective property tax rate, the buyer would pay for it again in property taxes within 20 years.
Will County shoppers would pay among nation’s highest sales taxes under referendum proposal
Will County shoppers would pay among nation’s highest sales taxes under referendum proposal
A new sales tax proposed by Will County school districts would put some residents’ sales tax burden in a league with Chicago, which is home to the highest combined sales tax rate of any major city in the U.S.
3 ways Illinois can improve its property tax assessment system
3 ways Illinois can improve its property tax assessment system
The method by which local governments calculate Illinoisans’ property tax bills is broken. Here’s how Springfield can fix it.
Belleville spent more than $2.5M on workers’ comp settlements in less than 5 years
Belleville spent more than $2.5M on workers’ comp settlements in less than 5 years
While a few payouts were the result of severe injuries, local taxpayers were also on the hook for settlements with workers who returned to work the very next day.
Chicago-area water district official resigns without explanation, collects $95K severance package
Chicago-area water district official resigns without explanation, collects $95K severance package
David St. Pierre is the latest Illinois government employee to receive a generous severance package, despite leaving under questionable circumstances.
Nearly a third of property tax revenue in Chicago is diverted into 143 TIF districts
Nearly a third of property tax revenue in Chicago is diverted into 143 TIF districts
Nearly a third of property tax revenue in Chicago is diverted into 143 TIF districts controlled by the mayor, nearly half of which are located in affluent neighborhoods.
Owner of ‘Sixteen Candles’ home paid more than $200K in property taxes over past decade
Owner of ‘Sixteen Candles’ home paid more than $200K in property taxes over past decade
That’s why they call them taxes. If they were easy, they’d call them something else.
Gus Rapatas
Gus Rapatas
“Our property taxes went from $12,500 to $19,200 over the course of six years on this Norwood Park commercial property. And we’ve been losing money every year charging lower rent to accommodate for the property taxes. “We fight it every year, but $19,000 is the best we’ll get here. Can’t do it anymore, it’s not...