From the Illinois News Network.
The only problem with the analysis is that it used an Illinois average. Since Cook County property taxes are so much lower than ours that brings down the average effective tax rate.
Illinois homeowners pay nearly double the national average in property taxes
For all of the outcry and political promises to help property taxes, Illinoisans still pay the second highest rates in the nation.
A report from ATTOM Data Solutions says the state’s 3.2 million homeowners paid 2.2 percent of their home’s worth in local taxes in 2018. [That’s the calcuated “effective tax ratre.”]
That’s higher than any other state in the nation except New Jersey. The average Illinois homeowner paid $5,000, but it’s still common for homes in some suburban counties and the Rockford area to see taxes be the majority of their monthly mortgage payments.
“Counties like Bureau, Winnebago, Jackson, those are close to three percent effective tax rates,” Todd Teta, chief product officer with ATTOM Data Solutions, said.
Neighboring Indiana had the lowest rates of the Midwestern region, where homeowners paid 0.9 percent of the average home’s worth.
The Rockford area again got national attention for being the only metropolitan area outside of New York to be in the top five highest-tax metro’s.
“Among 219 metropolitan statistical areas analyzed in the report with a population of at least 200,000, those with the highest effective property tax rates were Binghamton, New York (3.19 percent); Syracuse, New York (2.89 percent); Rochester, New York (2.88 percent); Rockford, Illinois (2.83 percent); and Atlantic City, New Jersey (2.74 percent).”
Illinois’ 7,000 units of local government and low state investment in education often gets blamed for high property taxes.
Hawaii, Alabama, Colorado, Nevada, Utah saw the lowest property tax rates in 2018.
Of course it’s lower in Cook County, the countryside must be raped to pay for the never ending largess to the big degenerate jungle-city called Chicago, and all the evil projects coming out of it.
Example #684: https://www.cbsnews.com/news/illinois-medicaid-to-cover-gender-reassignment-surgery/
Uh Oh, the Taxacrats are running people out of Illinois.
New census data show the Chicago area lost population for the fourth consecutive year, continuing a statewide trend of decline that could threaten future federal funding, economic prosperity and political representation for those left behind.
The metro Chicago area lost an estimated 22,068 residents from 2017 to 2018, according to U.S. Census Bureau data released Thursday.
While New York and Los Angeles also shrank, the Chicago region saw bigger decreases both in total numbers and in percent change; the area lost 0.23 percent of its population, more than twice New York’s 0.10 percent.
As defined by the census, the Chicago metro area stretches from Cook County to its suburbs and includes parts of southeast Wisconsin and northwest Indiana. Despite the population decline, it is still home to nearly 9.5 million people, according to the latest estimates.
https://www.chicagotribune.com/news/ct-met-census-chicago-cook-county-population-decline-20190408-story.html
Maybe Illinois Taxacrats can bring in more illegal illiterate non-English speakers to get that population back up?
How they will find jobs and pay taxes will be an issue.
Of interest:
On this date in 1775, Paul Revere made his famous midnight ride, warning patriot minute men on the outside of Boston that the British were coming.
The next morning, the famous “shot heard ’round the world” started the brief battle of Lexington, and the American Revolution.
Yet another article on over-taxed people fleeing DEMSHEVIK controlled Illinois in historic numbers.
https://www.illinoispolicy.org/wake-up-call-illinois-shrinkage-makes-history/
.
Did this “trigger” you, Little Joey Blowhard ?
And you, Little Tommy Snowflake ?
Too bad, deal with it.
.
#TRUMP2020 – Deus Vult !
If GM can kill off more important institutions like Oldsmobile and Pontiac, than the Federal Government can shut down Illinois.
Unless you believe in Hail Mary passes.
When you look at property tax rates you need to consider what Sitkoski pointed out: McHenry County generates two times as much in state taxes than what is received back in state spending.
Most of the excess in state taxes generated by McHenry County is used to support Chicago schools and mass transit.
As a consequence, schools in McHenry County levy inordinately high property taxes to fund schools.
“Table 8 clearly shows that taxes and spending are not equally distributed across the state. The suburban counties generate about twice as much in taxes as they receive in direct state spending. Cook County is closer to breaking even in this comparison although it provides slightly more tax revenue than it receives in state spending. Downstate Illinois, on the other hand benefits from the state tax and spend mix. The 96 downstate counties, as a group receive about 50% more in state spending than they contribute in tax revenue. Breaking these counties into four regions shows a more pronounced pattern. The 18 North counties have tax/spend ratios that are not widely different from a “break even” status. The southern 19, on the other hand, receive a bit more than two and one-half times in state spending than they contribute in taxation.The central region with state offices and payroll in Sangamon County and the state’s largest university in Champaign County is roughly in the middle with a bit less than double state spending compared to its tax load.”
https://opensiuc.lib.siu.edu/cgi/viewcontent.cgi?article=1059&context=ppi_papers
According to ISBE,
about $5 billion State to schools
GSA: about $2 billion to CPS
“Other” State funding to CPS
That is, 60% of all State funding goes to CPS
CPS enrollment of total Illinois enrollment: 18%
OTHER State funding to CPS should read $1 billion
Woodstock property tax rate is 4%
America property tax rate averages 1.2%
Woodstock has a property tax rate more than 3 times that in America
It cannot be explained by income tax rate disparities, because Illinois has a fairly high income tax rate.
It cannot be explained by sales tax rate disparities, because Illinois has a fairly high sales tax rate.
It cannot be explained by higher value in return for higher payment, because McHenry County schools have mostly embarrassingly low ratings by every measured metric.
Cook County property taxes vary wildly.
There are areas of Cook County, particularly the near southwest suburbs, where property taxes are much higher than McHenry County.
Cook County in general and Chicago in particular has lower residential and higher commercial property taxes.
The most powerful politician in Illinois, Michael Madigan, is a partner in Madigan and Getzendanner, which specializes in high end Cook County commercial property tax appeals (skyscrapers for example).
Mr. Madigan stated in a press conference on Thursday March 20, 2014 that in in a good year he would be subject to an income tax on those earning over a million dollars.
++++++++
YouTube
Reboot Illinois channel
Millionaire tax press conference
Published on March 20, 2014
“Illinois House Speaker Michael Madigan has introduced HJRCA 51, which would impose a 3 percent surcharge on all income above $1 million a year for Illinois taxpayers.
He discussed the measure, which would require approval by three-fifths majorities in the General Assembly and by voters on the Nov. 4 ballot, at a press conference in Springfield on March 20, 2014.”
youtube.com/watch?v=TafAZZivk3c
New Jersey has 1344 units of gov, IL 7000.
New Jersey pays the highest property taxes, so the talking point about the volume of gov agencies driving up property taxes is BS.
The amount of services and related costs are what drive up taxes, almost a third of IL gov agencies don’t even tax.
I just learned that of the 7000 “units of government”, by which they mean taxing districts, 4000 are TIFs or SSAs.
Is that true?
Mark you are ao right.
TIF infested and impoverished south side areas suffer obscenely higher ptax rates than even obscenely high Woodstock.
This brings up the obvious point that taking that south side average high skew into account,
MOST of well-to-do Chicago neighborhoods pay FAR LESS THAN HALF the rate burdening Woodstock taxpayers, in return for better quality services.
Do you people even live in poverty?
Why do you stay here?
Anybody who sits here and cries yet has the means to move is a retard in my books.
Some of us have to fight for scraps of chicken out of a dumpster.
You wouldn’t last two seconds in my world.
I’m thinking you need a refresher course in federalism.
Tax Increment Financing (TIF) and Special Service Areas (SSA) districts are not included in the 7,000 units of government.
The County Clerk website has information on TIFs and SSAs.
The Illinois Comptroller website, under the municipality, has information about TIFs.
And the municipality CAFRs have information about TIFs.
+++++++++
Illinois Policy Institute
Illinois has nearly 7,000 units of local governments
by Brian Costin
November 2013
1,295 Municipalities
0,102 counties
0,911 local school districts and community colleges
3,133 Townships, Township Road and Bridge, and Multi-Township Assessment Districts
0,136 Transportation Districts (airport, mass transit, port, road, street lighting, transportation)
0,828 Public Safety (Fire protection, rescue squad)
1,170 Water / Sanitary (drainage, public water, river conservancy, sanitary, soil & water conservation, surface water, water authority, water commission, water reclamation, water service)
0,372 Parks / Nature (conservation, forest preserve, mosquito abatement, park, special recreation)
0,025 Health (public health, hospital)
0,331 public library
0,163 other (cemetery, electric agency, exposition and auditorium, home equity program, housing authority, museum, natural gas agency, planning agency, public building commission, solid waste agency)
8,466 total
illinoispolicy.org/reports/too-much-government-illinois-thousands-of-local-governments
files.illinoispolicy.org/wp-content/uploads/2013/11/Too_much_gov-1.pdf
The same day they voted to give a tax break to a car dealer, Woodstock voted to increase water rates.
That’s because these guys -https://www.kunescountry.com/
– apparently aren’t billionaire enough with multiple car dealerships.
No, they need to get their sales taxes rebated by the city so they can expand the dealership that was Benoy in Woodstock for decades.
Taxpayers stand by while deals like this, Foxconn, and the rest further enrich the wealthy under the guise of trickle down job creation.
But if one of us little people said we want a tax break to move our small business into town, they’d laugh in our face.
Mark thank you i was misinformed
Townships are over 1400 of these governmental units.
They are completely unnecessary in urban and suburban areas!
https://www.chicagotribune.com/suburbs/evanston/news/ct-evr-township-savings-tl-0811-20160809-story.html
“A move to dissolve Evanston Township governance produced savings of nearly $780,000 the first full year the city ran the programs, Evanston officials have said in a recent white paper examining the decision.
Staff arrived at the figure by comparing the township government’s final complete budget of fiscal year 2012, the last year of the township’s operation, with fiscal year 2015, the first full year after dissolution. Officials found multiple factors contributing to the savings, according to the white paper published by the city on the issue last month.”