Gov. J.B. Pritzker’s election-year budget includes one-time property tax rebate checks so far averaging $200 per homeowner. Only a fraction of the rebate checks have been mailed.
OPEC decided to slow down oil production. Every state can expect higher gas prices, but Illinois taxes make the pain worse.
Gov. J.B. Pritzker took the debate stage claiming property taxes in Illinois have gone down thanks to his administration. In truth, the average Illinois family is paying over $2,000 more in property taxes than before he took office.
Statewide commercial property tax extensions are on pace to total $11.3 billion by 2026. Amendment 1’s expansion of government union power would likely accelerate that $1.8 billion increase.
Illinois will contribute $450 million to the Unemployment Insurance Trust Fund. With $1.4 billion in debt remaining, Illinois businesses are on the hook if lawmakers don’t meet the Nov. 10 deadline.
The Arlington Heights Board voted unanimously to reject a citizen proposal to stop them from subsidizing the $5 billion Bears stadium development with taxpayer funds. Petition sponsors said they will pursue a ballot question.
DuPage County consolidated seven taxing bodies to streamline government. The move will save $100 million for taxpayers over two decades.
Both forest preserve leaders and government unions are asking Cook County voters for more property taxes on Nov. 8.
Chicago Mayor Lori Lightfoot unveiled her 2023 budget proposal and deleted a $42.7 million property tax hike originally tied to inflation.
“I hope the property taxes don’t push me out into that level where I’m going to have to move because moving a business is also expensive. I’m hopeful it will work out, but I might have to be creative.”
The Springfield City Council voted to add an advisory referendum to the April ballot asking voters whether to eliminate the local township and let the city handle its duties.
Happy holidays, Cook County homeowners. The second installment of your property tax bills will arrive around Thanksgiving. They won’t be due until after Christmas but before New Year’s.
An underused airport near Belleville, Illinois, has required local taxpayers to chip in $124.5 million since 2002 to keep it operating.
Gov. J.B. Pritzker stressed the importance of homeownership in Illinois. Under his administration, homeowners have seen their property taxes grow by $2,288.