Crystal Lake Council Tax Hkes Far Exceed Increase in the Cost of Living

Take a look at how much Mayor Aaron Shepley and the Crystal Lake City Council has levied in taxes beyond the increase in the Cost of Living: Real estate taxes have increased more than $3 million more than they would … Continue reading

Cook County Pop Tax Opponent Ridicule Column Shows Property Tax Discrimination Outside of Cook County

The Chicago Sun-Times ran an column by Dan Mihalopoulos earlier this month pretty much making fun of Republican Cook County Commissioner Sean Morrison for leading the fight against the pop tax, but not paying his property taxes on time. No … Continue reading

4,150 (Almost 12%) Algonquin Township Property Owners Have Real Estate Tax Bills Over $10,000

Previously, McHenry County Blog reported that over 15,000 property tax bills in McHenry County exceeded $10,000. Wby is that of interest? Because U.S. House Republicans, with Algonquin Township’s Congressman Peter Roskam on the tax writing committee,have proposed allowing deductions for real … Continue reading

Over 21,000 Kane County Tax Bills Exceed $10,000 Deductibility Threshold in GOP Income Tax Reform Plan

$10,000 is the maximum amount that income tax filers will be able to deduct in property taxes under the proposed income tax reform being pushed by U.S. House Republicans. In McHenry County, as was reported Friday, there are 15,122 real … Continue reading

Lake in the Hills Seeks Flat or Lower Real Estate Tax Levy for 8th Straight Year

$5,481,687.66 was the amount the McHenry County Treasurer requested from property taxpayers to finance the Village of Lake in the Hills this year. The LITH Village Board is scheduled to ask for the same amount, $5,481,688, according to its agenda … Continue reading

15,122 McHenry County Tax Bills Over $10,000

With the House Republicans in Washington seeming to agree that deductions of more than $10,000 for real estate taxes will be disallowed in the future, McHenry County Treasurer Glenda Miller figured out how many bills are higher than that. It … Continue reading

Andrew Gasser Proposes 5% Cut in Algonquin Township Road District Taxes

$3,729,762.70 is the amount that Algonquin Township Road Commissioner Andrew Gasser will ask be levied for the Road District next year. This year, $3,926,154.18–almost $200,000 more–was extracted from property owners in Algonquin Township. Gasser proposes cutting the budget proposed by … Continue reading

Effect of Federal GOP Income Tax Elimination of Real Estate Tax Deduction On Randy Hultgren’s District

From Woodstock resident Susan Handelsman: What Ending Property Tax Deductions Would Do To Congressman Randy Hultgren’s District In my understanding, if SALT deductions are eliminated, new tax bill will mean tax increase for local median income earners. New tax bill … Continue reading

Roskum Supports Budget, Shows Knowledge of Constituent Concern about GOP Proposal to End Income Tax Property Tax Deduction

A press release from Congressman Peter Roskam: Representative Roskam votes in favor of Senate GOP Budget Resolution Says budget resolution is a “…prelude to tax reform”  DuPage County, IL — Today, Representative Peter Roskam (IL-06) voted in favor of the … Continue reading

Roskam Pushing for Some Continued Property Tax Relief

Bloomberg News reports that tax writing committee member Peter Roskam is seeking, as the headline reads, Key GOP Tax Writer Wants Compromise on State and Local Tax Break The article reports that his district contains”…above-average users of the deduction…” … Continue reading

McConnauhay Says New State Aid to Education Law Provides No Property Tax Relief, Roll Call

A press release from State Senator Karen McConnaughay:: Sen. McConnaughay: School-funding plan does not address local needs SPRINGFIELD – State Sen. Karen McConnaughay (R-St. Charles) says she could not support school funding reform legislation approved by the Senate Aug. 29, … Continue reading

National GOP Looking at Big Tax Increase for Illinois Residents

An article in the Sunday Chicago Tribune entitled, “GOP tax increase targets blue states,” deserves our attention. Now, property taxes are deductible on our Federal income taxes. The article says that “Federal deductions for state, local taxes on chopping block.” … Continue reading

Tribune Assessment Article Features 2% Effective Tax Rate for Overtaxed Chicago Homeowner

I was reading the second of the Chicago Tribune’s article on real estate assessments in Cook County and was struck be the following paragraph: In the end, the property taxes she paid that year represented more than 2 percent of … Continue reading

5% Increase in Skinner Tax Bill for County Government

I got a preview of my tax bill and discovered that the amount going to McHenry County government this year is going from $795.10 to $834.49. That’s a 4.2% increase. Most of that came from the fourteen Republicans who voted … Continue reading