Tax Cap Inflation Rate for 2017 Taxes Set at 7/10 of 1%

Earlier this month, the Illinois Department of Revenue showed in inflation increase was 8/10 of 1% for 2015. That indicated that non-Home Rule tax districts (schools being the most expensive) could not increase their tax take by more than 8/10 … Continue reading

Sivertsen Comments on Fabrik Subsidy Request

McHenry Grade School District 15 Board member Erik Sivertsen commented recently on the subsidy that Fabrik requested.  It follows: The [property tax] abatement proposal was on the agenda for one of the D15 meetings. The committee that had placed it there, … Continue reading

County Board Set to Shift Real Estate Taxes from Businesses to Homes

That’s part of the “McHenry County Board 2016 Action Plan.” The specific language is way down in the document: Formalize Economic Development Incentive Plan Goal: Work with MCEDC [McHenry County Economic Development Corporation] to identify and develop incentive programs to … Continue reading

New, Free Property Info Tool for McHenry County

A press release from McHenry County: McHenry County introduces new, free “Online Property Inquiry” tool to County website The new, free “Online Property Inquiry” tool provides the public with an easy-to-use mechanism to access property parcel and tax information. This one-stop shop … Continue reading

School District 200 Budget Meeting

There were several  speakers during public comments period of the Woodstock School Board on Tuesday night. Most centered on the high property tax rate in Woodstock affecting seniors, low income renters, and driving home prices even lower. One speaker wondered … Continue reading