Illinois

When word broke that Bulls owner Jerry Reinsdorf was eligible for the basketball hall of fame, team coach Tom Thibodeau gushed praise for his boss. Read More

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DuPage County taxpayers can toast to more than just a new year this month with The DuPage Airport Authority’s announcement that it has abated its 2013 tax levy by $500,000, bringing the total abatement since 2010 to $2.5 million. Read More

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In a battle that could lead to the abandonment of a local landmark ordinance, a Winnetka trustee's analysis of the economic impact of a state tax incentive program for historic homes concludes it shifted more than $3 million in taxes to the rest of the community over a 15-year period. Read More

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Des Plaines City Council is supportive of a property tax break to help Motor Coach Industries relocate its headquarters from Schaumburg, the Daily Herald reported. Read More

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Details aren't set, but Kane County Board members seem to be on the verge of placing a referendum on the April ballot that would create a tax to raise more than $12 million for the care of developmentally disabled residents. Read More

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 In exchange for a new state-of-the-art recycling center that will bring much-needed jobs to the community, the Plainfield Village Board this week agreed to a five-year property tax abatement for improvements to the old Fox Valley Press building. Read more

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 Illinois homeowners are shouldering more of the property tax burden than ever before. Read more

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 The city is one step closer to bringing 120 jobs to its west side. Read more

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 The owners of SouthPark Mall are trying to get their property taxes reduced. The appeal to the Rock Island County Board of Assessment comes as the city works with the owners to upgrade the mall. Read more

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 Want to know if you owe back property taxes — or if your deadbeat neighbor does? Read more

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 Saline County Tax Assessor Cheryl Pearce responded Wednesday to a charge by Rod Wallace in a Tuesday story in the Daily Register that she had lied to him. Wallace, owner of Wallace Auto Parts and Services, Raleigh said In the Tuesday story that he had not been told that the tax assessor needed more information in order to provide him with an estimate of real estate taxes on his business if he rebuilt the same buildings that were destroyed in a recent fire. Read more

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 Do Cook County Assessor Joe Berrios and President John F. Kennedy have anything in common beyond party affiliation? Read more

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 A large construction project is one step closer to coming to Channahon, along with a few permanent jobs and some tax dollars, although most of the potential tax revenues will be lost for a couple of decades. Read more

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 There's a reason bond traders love property taxes. Unlike securities backed by, say, sales tax revenues, which often carom up and down, property taxes are predictable and stable. If you own the property, you pay what Uncle demands. Period. Read more

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 As the recession gripped the nation and suburban property owners were forced to find ways to hold the line, local taxing bodies did the opposite. Read more

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 For tax-exempt hospitals, March 2010 signaled an important moment. It was almost a national epiphany, indicating that non-profit hospitals and their property tax exemptions were no longer a foregone conclusion.  Read more

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 A published report says 13 members of Cook County Assessor Joe Berrios' family work for the county or other government agencies. Read more

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 For Joe Berrios, the Cook County assessor who is also the county Democratic Party chairman, government is the family business. Read more

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 An influential state legislator is the latest Chicago-area political figure caught improperly accepting more property tax breaks than the law allows. Read more

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