Wheeling

Illinois ranks first in number of local taxing bodies

By Brian Costin
03/02/2014
When it comes to local taxing bodies and local property taxes, Illinois is an extreme outlier in comparison to the rest of the nation. We rank first in number of local taxing bodies, with 6,963, and have the second-highest property tax rate in the nation. But this isn’t news for Illinois residents who have looked...

TAGS: local government, property taxes

Proposed TIF district would encompass Buffalo Grove government property

05/14/2013
by Brian Costin Property tax bills are hitting mailboxes this week for residents across the state. The average homeowner in Illinois has an effective property tax rate of 1.93 percent; this is the second-highest property tax rate in the country. Homeowners in Lake County pay a median effective property tax rate of 2.46 percent, which ranks...

Misleading Property Tax Referendums in Cook County?

By Chris Andriesen
03/28/2011
by Brian Costin With election day rapidly approaching, and early voting already underway, citizens in a number of Cook County communities are in the process deciding on 10 property tax hike referendums. A 2006 reform to state laws intended to give voters an accurate estimate of how a property tax hike referendum would affect them....