McSweeney Working to Defeat Rauner-Madigan Teacher Pension Shift to Local Property Taxpayers

State Rep. David McSweeney took up the fight to prevent the enactment of the shift of burden for teacher pensions from state taxpayers to local real estate tax payers. He has introduced House Resolution 27, which “States the opinion of … Continue reading

Mid-Friday Report on Early Payment of Property Taxes – $15-20 Million Expected

Asked for an interim report on homeowners prepaying real estate taxes in McHenry County, Treasurer Glenda Miller replied as follow: As far as the number of taxpayers coming to the office…over the past couple weeks there have been approximately 6,000. … Continue reading

Nob Questions Algonquin Road District Tax Protest Loss

Let’s start with Nob’s comment and, then look at Judge Thomas Meyer’s Court Order. Nob’s Comment Another half the story post by Cal. The Road levy was also part of the lawsuit and that was excused. It was excused because … Continue reading

Serwatka Proposes 10% Property Tax Cut in Lakewood

A press release from Lakewood Village President Paul Serwatka: Lakewood Proposes 10% Cut in Property Tax Levy Village Board to Vote This Tuesday, December 12th at 7:00pm. This Tuesday, December 12th 2017, at Turnberry Country Club Meeting Room, staff and … Continue reading

Crystal Lake Council Tax Hikes 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

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

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

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