A little-noticed tax break for investor-owned hospitals that was tucked into a deal last spring aimed at saving the Illinois Medicaid program from collapse will cost the cash-strapped state at least $10 million a year in lost revenue, according to an analysis by The Associated Press.Read more
Attorneys for Sears, Roebuck & Co. and the Thornton Fractional high schools have negotiated a deal that will impact the amount of property taxes the school district receives from the Sears store at River Oaks Shopping Center. Read more
Democratic nominee Bill Enyart in the 12th U.S. House race accused GOP rival Jason Plummer on Friday of claiming an owner-occupancy tax exemption for a home in Edwardsville where he does not live. Read more
The ground breaking ceremony for the expansion of BSI in Morton has been set for Monday, Nov. 5 at 1 p.m. at the site of the future new building near the company's warehouse at 231 Detroit Avenue. Read more
Winnetka trustees have hinted they might consider repealing the village's landmark ordinance, but the possible financial implications to other homeowners may be much smaller than they think. Read more
Life is much simpler for an ethically challenged public official if he ignores ethics rules. A shining example of that is Joe Berrios, the Cook County assessor and county Democratic Party chairman. Read more
Last year, after an extended and highly public battle that included mass protests by supporters of Community Unit District 300, Sears Holdings Corp. won state approval of millions of dollars in tax breaks for its Hoffman Estates headquarters. Read more
She’s the Cook County Treasurer – the woman responsible for collecting property taxes, but now the Better Government Association has found the county did not collect thousands of dollars it should have gotten from Maria Pappas and her husband years ago. Read more
The Cook County Board gave its approval Tuesday to a significant property tax break for a company that wants to take over an abandoned industrial building in Sauk Village. Read more
Cook County Assessor Joe Berrios is thumbing his nose at a subpoena issued by the county’s Inspector General seeking documents about an employee who allegedly received an illegal property tax break. Read more
The three members of the DuPage County Board of Review — a government panel that handles property tax appeals from home and business owners — were appointed or reappointed by Robert Schillerstrom during his 12-year stint as DuPage County Board chairman. Read more
Property values have fallen nearly 20 percent in the past three years. As a result, the Somonauk School District’s annual revenues, which are derived primarily from property taxes, have fallen by more than $1.2 million. Read more
Ten years ago, Chicago’s most powerful alderman, Edward M. Burke, and the rest of the City Council signed off on a deal that promised $16 million in taxpayer subsidies to the Wm. Wrigley Jr. Co. to help it build a new corporate campus on Goose Island rather than move to the suburbs. Read more
Property values have plummeted in the wake of the Great Recession, yet homeowners in the Rock River Valley continue to pay more property taxes. Read more
Illinois’ hospitals supported a legislative package this spring that cut their Medicaid rates by 3.5 percent, or $108 million this fiscal year. Read more
