Illinois

Cook County Board President Toni Preckwinkle has fired a top county ethics official who was trying to punish Cook County Assessor Joe Berrios for putting relatives on his payroll. Read More

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Cook County residents who claim homeowner exemptions they do not deserve will now face fines under a new law Gov. Pat Quinn signed this week. Read More

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The competition between local governments and community non-profits for scarce resources is being played out once again, this time in a small town in Illinois, some 200 miles southwest of Chicago on the Iowa border. Read More

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Cook County Treasurer Maria Pappas said today her office has urged some 73,000 property owners to pay delinquent bills immediately to avoid their unpaid taxes from being offered for auction at the Annual Tax Sale in August. Read More

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A national union representing hospitality industry workers claims Rivers Casino hasn't been a good neighbor to Des Plaines by not paying its fair share of property taxes. Read More

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Cook County’s beleaguered taxpayers took another slap in the face last week when the county board approved paying $529,000 to 11 employees who county Assessor Joseph Berrios fired shortly after taking office in 2010. Read More

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For some time it's been quite apparent that the Cook County property taxes at 340 On The Park were going to double but not everyone was on the same page. The first clue was that the estimated property values of the units for 2011 were about half of the true market value. As I always tell my buyers, when the property taxes seem too low to be true you should assume that eventually they will go up. Read More

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Chicago Public Schools will drain nearly $700 million in reserves, raise its share of the Cook County property tax as much as possible and make cuts that include $68 million from the classroom to close its $1 billion deficit, according to a $5.58 billion preliminary budget presented Wednesday. Read More

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The Chicago Public School board wants higher taxes to balance its budget problems. Read More
 

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Cook County Assessor Joseph Berrios announced that his exemption fraud legislation, which a nationally recognized expert estimated the County may recover $65 million for taxing bodies in the first year, was signed by Governor Quinn yesterday. Read More

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Twenty-six properties owned by entities of the Church of Jesus Christ of Latter-day Saints, mostly in Nauvoo, were exempted from paying Hancock County property taxes. Read More

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McLean County Board members Tuesday signed off on a tax abatement renovation project in downtown Bloomington, according to our news partner WJBC Radio. Green Building LLC wants tax breaks to build apartments, a restaurant and retail space at 115 East Monroe in a $1.6 million project. Read More

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Cook County taxpayers are expected to end up shelling out more than $500,000 to nearly a dozen people Assessor Joseph Berrios fired for unlawful political reasons after his election in 2010. Read More

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State and parish tax officials say a recent report released by the auditor's office paints an inaccurate picture.  They say they're assessing properly and taxpayers are paying the right amount. Read More

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City officials are looking to intervene in a pending Carle Foundation Hospital lawsuit that asks for $5 million in refunds related to property taxes it paid on 29 parcels between 2007 and 2011. Read More

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Property tax rates in Peoria are among the highest in the Midwest, according to a study commissioned by the Peoria Area Association of Realtors. Read More
 

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Checks to Nauvoo property owners from the Church of Jesus Christ of Latter-day Saints will provide a partial refund on higher taxes paid this year after a change in the church's tax status on its holdings in Nauvoo. Read More

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Cook County property owners next year will for the first time see how much they pay toward tax-increment financing districts, Cook County Clerk David Orr said Thursday. Read More

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A La Salle County judge is considering whether to dismiss a nearly $1 million lawsuit against the Exelon power company. Read More

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When it comes to Cook County property taxes I am always amazed at how little Chicago realtors actually know about this topic. In fact, many real estate attorneys often don't know as much as they should. Well, with last week's release of the 2012 property tax rates for Chicago and the rest of Cook County by David Orr, Cook County Clerk, I decided it was time for me to attempt to demystify the subject and give you a preview of what you (if you live in Chicago) will probably find in your mailbox in a week or so when your get your property tax bill. Read More

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