Those who have lived both in Cook and outside of Cook County know that real estate taxes are cheaper in Cook County.
Now, Chicago Tribune columnist Eric Zorn emphasizes that fact.
He doesn’t compare Chicago to McHenry County. Instead he just compares Chicago to the rest of Cook County.
A report last June from Cook County Clerk David Orr noted that Chicago had the lowest composite property tax rate in Cook County in 2013, a conclusion very much in line with a Civic Federation analysis of 2012 data that studied a variety of Cook County communities and concluded that “Chicago had the lowest effective tax rates for residential and industrial properties.”
From over forty years of experience and research, I can tell you that we in McHenry County pay far higher property taxes in proportion to what our homes are worth than do people in Chicago and the rest of Cook County.
I know that State Rep. Mike Tryon knows this.
I think he once compared the tax bill vs. value of Mike Madigan’s home to his own in Crystal Lake.
Madigan’s was worth quite a bit more and he was paying quite a bit less.
Same with then-Govenror Pat Quinn.
So, when the State Aid to Education formula is being renegotiated, local legislators ought to argue for equal treatment of homeowners statewide.
Bigger local effort by suburbanites should be recognized.