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

McConchie Bill Would Allow Tax Districts to Take Credit for Tax Cuts

A press release from State Senator Dan McConchie: McConchie legislation providing transparency to property taxpayers passes Senate Springfield, IL… The Illinois Senate has recognized the importance of providing property taxpayers with some practical transparency, said State Senator Dan McConchie (R-Hawthorn Woods), … 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

McConchie Wants to Give Credit to Governments That Cut Taxes

A press release from State Senator Dan McConchie: McConchie legislation would help taxpayers know when local governments cut their property tax bill Springfield, IL… State Senator Dan McConchie (R-Hawthorn Woods) has sponsored practical transparency legislation that would clearly outline for taxpayers when … Continue reading

Jack Franks Signs His Tax Increase Resolution

Perhaps you remember the $80,000 real estate tax increase resolution. There have been 111 comments on the article, probably a record. Denial that taxes will increase because of the resolution were made. How can one believe that taxes weren’t hiked … Continue reading

School District 47 Plans on 5.6% Tax Hike Monday, 4.2%, If Planned Abatement Passes

With the backdrop of McHenry County residents being the 29th highest taxed county in the USA, Crystal Lake Elementary School District 47 published a “Black Box” ad. Black Box ads, iniated by an advisory referendum that was part of Governor … Continue reading

Skillicorn Files First Bills, Both Focused on Real Estate Taxes

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 … Continue reading

County Board Could Kill the Valley Hi Tax Tuesday Night

On September 8th, McHenry County Blog published the article below. Since then the County has reduced the proposed Valley Hi levy to $10,000, but shifting most of the originally proposed $2.75 million for Valley Hi to other line items. The … Continue reading