Cary Grade School District Taxes to the Max

The Northwest Herald reported Friday that Cary Elementary School District 26’s Board decided to take from the property taxpayers next year every dime allowed by the Property Tax Cap. That’s an increase of 1.5% over what was extracted this year. … Continue reading

Real Estate Tax Burden Shift for Seniors

Senior citizens who are eligible for the senior citizen assessment freeze got a surprise last year. Their tax bills went up. That’s because other people’s assessments went down. It’s called “burden shift.” The tax burden was shifted from non-seniors to … Continue reading

Will Lower Assessments Lead to Lower Taxes?

The Illinois real estate assessment system bases one’s share of the total bill on the value of one’s property (unless one has farm land). A short history of how we got where we are. The 1870 Constitution required that real … Continue reading

Republicans Recruting Candidates for Local Office

This press release below from local Republican Party is too narrowly headlined. It is aimed at any Republican planning to run for any local office. All of those on the ballot next spring are non-partisan, but the actions of those … Continue reading

County Legislative Committee Considering Tax Cap Modification

You may remember that McHenry County Blog revealed that the County’s nursing home, Valley Hi, has $35 million in the bank.  That’s as of the end of November, 2013. Now, it’s $36 million. A lot of that is clearly surplus … Continue reading