Illinois

With all the snow this week and the brutal cold forecast for Chicago next week, it’s no wonder so many of us are dreaming of Hawaii right about now. But if you own your home, those daydreams may not only be weather-related: in Hawaii, homeowners are taxed at about one-eighth the rate that Illinois homeowners pay. Read More

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Ludlow school board Thursday approved its tax levy, which shows a 9.89 percent increase over last year. Read More

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 Mt. Vernon Township High School may file an objection to an appeal by Truck Centers, Inc., to lower the truck dealer’s market value. Read More

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Property owners filed more than 6,500 assessment appeals this year in Boone and Winnebago counties, hoping to lessen their annual property tax bite. Read More
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Until I learned recently that Benjamin Franklin said “nothing can be said to be certain, except death and taxes,” I had always assumed that the author of that famous quote was from Illinois. Read More

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Batavia District 101 school board members agreed to seek 13 percent more from taxpayers to operate schools next year, and a vocal opponent believes it's time to form a local tax watchdog group to keep its eye on government spending. Read More

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Here are the businesses or people seeking the largest declines in property tax assessments this year. Read More
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A judge has upheld the validity of a state law that grants a property tax exemption to Elliott Aviation. Read More

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Two executives of a prominent Chicago real estate development company were indicted yesterday on federal fraud charges alleging that they lied about and concealed unpaid property taxes, the double-pledging of public financing notes issued by the city of Chicago, and the company’s default on those notes so they could secure credit extensions and payments from the city at a time when they knew their firm was having serious financial difficulties. Read More

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Property owners in Monmouth will pay 9 percent more in taxes next year after the City Council unanimously approved an increase Monday night. Read More
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Just in time for Christmas, a report arrived on my desk that contends that Westfield Group, a giant Sydney-based shopping center owner here and elsewhere, is getting gifts year round from local property tax assessors across America. Read More

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U.S. Rep. Bobby Rush, D-Ill., the church he founded and leads and its social service affiliate have repeatedly failed to pay their taxes on time. Read More

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Guess a senior has no constitutional rights in Cook County. When we tried to get a small reduction in our property taxes to pay some necessary medical bills at the Cook County assessor's office, we discovered they will not allow an appeal for a senior citizen, since they already provide a decent reduction for us. Read More

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If the Wrigley Field renovation is completed as planned, the Ricketts family stands to get a substantial property tax break available to land owners who rehabilitate historic structures. Read More

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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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