412 Vets with 70% or More Disability Exempt from Real Estate Taxes This Year

A bill took effect last year which allowed Veterans who are 70% or more disabled, according to the U.S. Department of Veterans Affairs, to be exempt from property taxes. McHenry County Supervisor of Assessments Robert Ross explains, “In 2015 there … Continue reading

Wheeler Introduces Bill to Cut Taxes for Families who Modify their Homes to Care for Relatives

A press release from State Rep. Barb Wheeler: Wheeler Aims to Alleviate Home Healthcare Springfield, IL…Working with local property tax assessors and home healthcare providers, State Rep. Barbara Wheeler (R-Crystal Lake) has introduced House Bill 3715, a measure aimed at … Continue reading

Hospitals at Risk for Paying Property Taxes

McHenry County’s biggest employer is Centegra Health System. It operates two hospitals as not-for-profit enterprises. Yesterday, discussions were undoubtedly being held at Centegra and Mercy Health Systems (operators of the Harvard Hospital) concerning the revocation of the property tax exemption … Continue reading

Looks Like Hospital Costs Could Be Going Up

A decision by the Illinois Supreme Court striping Urbana’s Provena Covenant Medical Centerl’s not-for-profit real estate tax exemption will reverberate across the state. Thanks to Capital Fax Blog for alerting me to the case. Folks in Cook County have already … Continue reading