Right after this year’s real estate tax bills arrived in mailboxes, McHenry County Blog showed how school districts’ tax levies compared with the previous two years’ levies. A Friend of McHenry County Blog did the heavy lifting in manipulating this … Continue reading
Category Archives: Tax Rate
Cary Grade School 26 Board President Scott Coffey, inspired by the paraprofessionals’ demonstration in McHenry Tuesday, racked up the tax rates for all McHenry County elementary schools. I think his research is worth sharing more broadly: D-15 has the 2nd … Continue reading
Language that State Senator Dan McConchie has introduced will be a good litmus test as to whether Springfield legislators are more concerned about taxpayers than tax eaters. He proposes in Senate Bill 1075 allowing taxpayers to put a tax cut … Continue reading
Property owners know about assessment appeals. Forums on that subject have been conducted since I ran for State Representative in 1972. Tax protests are different. They go after illegally levied taxes. They are called “rate objections.” Attorney Tim Dwyer filed … Continue reading
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
With the time rolling around when the McHenry County Board will be voting on how much to extract from our wallets in property taxes, there is $2.75 million still in the tentative budget for the Valley Hi Nursing Home. As … Continue reading
The only way to compare property tax burdens is to divide one’s property tax bill by the value of one’s home. That’s what the Chicago Tribune did in November of 2015. The effective tax rates found for McHenry County towns … Continue reading
Tax protest attorney Tim Dwyer has not only sued Algonquin Township for having excessive money in the bank while still asking for and getting more, but he has also targeted McHenry Township. Below are the facts that Dwyer hopes will … Continue reading
The First Electric Newspaper has published school tax rate comparisons that some might find of interest. From the emphasis on Algonquin (used to be Carpentersville) District 300, I’d suggest that’s the source. … Continue reading
Commenter Susan has done the math and come up with what new tax rates would be under Township Consolidation Map 1, which you can see below: Combined new tax rates Scenario 1: Algonquin/Grafton (5849371+1974424)/(2216018165+1268158440)= .002245522 (that is, $225 per $100,000 … Continue reading
in the past, I’ve tried to let people how what Tax Increment Financing Districts affect their tax bills. That’s why I am printing what the Monday Chicago Sun-Times editorial said on the subject. Its context is the impact on the … Continue reading
A friend of McHenry County Blog offers this analysis of Woodstock’s rural tax rates: These are the past 4 years of tax rates; that is, the percentage taken of 1/3 of the assessed fair market value of taxpayers’ homes. Tax … Continue reading
Tax districts are infamous for putting tax hike referendums on the ballot when the fewest people vote. The Fox Lake Fire Protection District has lived up to that expectation, according to the McHenry County Clerk’s web site. On April 7, … Continue reading
Below are some raw statistics from the McHenry County Clerk’s Office concerning real estate tax rates for this year and last. The tax rates have been rounded to the nearest cent, except for the case of governmental units levying less … Continue reading
Here’s what it looks like for my Algonquin Township part of Lakewood: MCHENRY COUNTY – $1.00 per $100 of assessed valuation (up from 79 cents per $100 – this must include the 708 Board Mental Health tax) MCHENRY CO CONSV … Continue reading
Looking at maximum tax rates for school districts in McHenry County, I discovered that Fox River Grove Elementary School District 3 is blocked from raising its taxes not by the Property Tax Cap, but by having reached it $3.50 per … Continue reading
Continuing our series of articles on tax districts in McHenry County that are at or near the maximum rate allowed by law, today we look at Library Districts. Unlike a couple of Fire Protection Districts and School Districts, Library Districts … Continue reading
Let’s go through the townships in alphabetical order to see how the Real Estate Tax cap affects how much money they can collect. This information, as with previous articles about the Tax Cap, comes from the McHenry County Clerk’s web … Continue reading
There is widespread misunderstanding about the tax process. Today, we won’t look at the assessment part. Instead we will examine what tax districts do to pry more money out of our pockets. News stories talk about levies this time of … Continue reading
With State Rep. Jack Franks about to get lots of publicity about keeping real estate tax bills down, it’s worth looking at the underlying problem. This is the third or fourth article I have written on the subject. It’s a … Continue reading