A press release from State Rep.-Elect Allen Skillicorn:
Property Tax Deadline Inspires First Bills From Representative-Elect Allen Skillicorn
Friday December 23rd, the day before Christmas Eve is the last day homeowners in Algonquin Township (parts of Crystal Lake, Algonquin, Lake in the Hills, Cary, Barrington Hills, and Fox River Grove) have to appeal their property tax assessments.
McHenry County and Algonquin Township have some of the highest property taxes in nation.
State Representative-Elect Allen Skillicorn won’t be sworn in until January, but Skillicorn has already filed his first two bills this week to address out of control property taxes and allow homeowners more time to appeal them.
Allen Skillicorn’s first bill will require municipalities to have a public hearing when raising property tax rates.
Currently Illinois’ tax cap law has a loop hole that only requires municipalities to have a “Truth in Taxation” hearing if the levy is increased by more than 5%, but no hearing is required if they increase the tax rate.
“Illinois’ tax cap law has too many loopholes. One that hits homeowners in McHenry and Kane Counties the hardest is when the tax rate goes up when our home values stagnate.
“It was wrong when our home values plummeted in 2009-2012, but our property taxes keep going up.” Skillicorn continued,
“Even today, we have not seen huge increases in home values, but our property tax bills consistently go higher every year.
“I’ve always advocated for doing more with less.
“Let’s provide high quality services at the lowest cost.
“The residents deserve to hear how these property tax hikes will affect their bottom line before politicians vote to hike taxes.”
Skillicorn’s 2nd bill filed extends the property tax assessment appeal deadline another 30 days, to a full 60 days.
This allows homeowners, who are usually filing appeals without the help of professional attorneys, more time to get a fair value of their homes.
“Property taxes are too high and Algonquin Township residents are required to file appeals one day before Christmas Eve.
“That’s wrong, homeowners cannot afford to pay a professional to file on their behalf like a big corporation would.
“The holiday season is already busy enough.
“Local officials should not take advantage of the Holiday and slip the deadline in just before Christmas.
“I hope to change this type of practice by giving homeowners more time to complete their appeal paperwork.”
Instructions and links to help Algonquin Township residents file an appeal before the December 23rd deadline are located at http://www.allenskillicorn.com/4866/algonquindeadline/