When a Cook County business successfully appeals their property taxes, the county just shifts that burden to homeowners. This meant an extra $2 billion in residential property taxes instead of a lower property tax levy.
The Cook County Board of Commissioners voted May 24 to increase its members’ salaries 10% in December, followed by automatic annual pay increases each year up to 3%. Civic groups say the perpetual pay hikes pose future concern.
A Board of Review employee claims corruption is rampant in his Cook County office after an FBI affidavit states he was charging $2,000 to lower assessment on commercial properties and $1,000 for homes.
A former Chicago Public Schools principal convinced her employees to falsely charge for overtime and give her the money, claiming it would go for school expenses. Charges state she instead paid her mortgage.
The probe potentially opens up a new front in authorities’ investigation of House Speaker Mike Madigan: the property tax appeals game from which he has made millions.
A new study confirms Cook County's broken property tax assessment system causes owners of lower-value homes to bear a disproportionate share of the tax burden.
An order currently under consideration by Chicago City Council challenges the assessments of seven properties, four of which have been the subject of property tax appeals by the law firms of Chicago Alderman Ed Burke or Illinois House Speaker Mike Madigan.
The Cook County assessor may have to pay $41,000 in fines for accepting donations in excess of the limit allowed by Cook County campaign finance rules.
The office of Cook County State’s Attorney Kim Foxx signed off on a $2 million property tax settlement with the property tax firm headed by Foxx campaign donor Alderman Ed Burke.