Read an article in the Chicago Sun-Times today in which Cook County Board President Toni Preckwinkle says she is still supporting Cook County Democratic Party Chairman Joe Berrios for re-election as County Assessor.
Two studies by academics have shown that higher valued homes are assessed at a higher percentage of market value than those worth the least.
No problem as far as Preckwinkle goes.
She “said the problems with the assessment system are at least 40 years old.”
My figures came right out of the property tax statistics published annually by the Illinois Department of Revenue.
When State Senator Ginny MacDonald took the map to a hearing on her bill to allow the Cook County Board of (Assessment) Review to use township factor (multipliers), as is done elsewhere in Illinois, State Senator Harold Washington walked into the hearing room at the old State of Illinois Building.
He looked at the map showing the West and South sides of Chicago were assessed much higher than elsewhere.
“They did that to us.”