Township Assessors – Who Did a Good Job and Who Didn’t, 4th Worst is McHenry Township Assessor Mary Mahady

The Illinois State Revenue Department has release its comparison of 2016 assessments to 2017 property sales prices. These are called “sales ratio” studies and have being going on since at least the 1930’s. Here are the results: The Revenue calls … Continue reading

Nunda Township Assessments – Level and Uniformity

Nunda Township assessments three-year median average for 2017 is 31.8%. Because that is lower than the 33.3% that state law mandates, McHenry County will increase each parcel’s assessment with what is commonly called a “township multiplier.” The level of uniformity … Continue reading

2017 Richmond Township Assessment “Report Card”

As with all others in McHenry County the Richmond Township Assessor turned in assessments that will have to be raised by County government to the state-mandated percentage of fair market value. The mandate is that property be assessed at 33.3% … Continue reading

McHenry Township Assessor Mary Mahady’s Margin of Error Is 19.21%

McHenry Township Assessor has turned in her fourth year of real estate assessments and they show a margin of error of 19.21%. The margin of error, called the “Coefficient of Dispersion” by the Illinois Department of Revenue, measures how uniform … Continue reading

The State of Assessments in Greenwood Township

Moving through McHenry County township assessment alphabetically brings us to Greenwood Township. Northern Woodstock, western Wonder Lake and points between, including the Courthouse, lie in Greenwood Township. Assessments made in 2017 for which property tax bills will come this spring … Continue reading

Dorr Township Assessment Results

Dorr Township assessments are, on a three-year average–30.86%. Since state law mandates assessments be at 33.3% of a three-year average, local residents can expect their assessments to be increase by County government by approximately 8%. The margin of error, called … Continue reading

Chemung Township Assessment Level and Uniformity Measurement

Because the average median assessment over a three-year period is 31.36% of fair market value, those living in that township (the Harvard area) can expect their assessment to be increase to the state-mandated level of 33.3%. The measure of uniformity … Continue reading

Quality of Assessments in Smaller Townships

In calculating the median average assessment and margins of error, the rules say one must have at least 25 “arms length” sales. There are six townships not meeting that level of real estate sales activity. When combined, the smaller townships’ … Continue reading

Al Zielinski Staying as Grafton Township Assessor

This is a press release from Grafton Township Assessor Al Zieliniski: Four more years of accurate and fair assessments for Grafton Township HUNTLEY, IL – Grafton Township property owners can look forward to four more years of accurate and fair … Continue reading

Looking at Assessments in McHenry County

The Chicago Tribune article on assessments has a comment on what constitute acceptable real estate assessment quality. It states that a 15% margin of error is “the highest acceptable coefficient of dispersion (margin of error).” Accuracy in your township Experts … Continue reading

Assessment Quality in McHenry County After the Last Township Election

Every so often, it seems useful to share measurements of assessment quality among McHenry County Townships. These are basically measures of the work of township assessors, although the quality of their work can be increased or decreased by changes made … Continue reading

County Releases Assessment Quality Statistics

Assessors use something called a “Coefficient of Dispersion” to measure the quality of assessments. It’s something like the margin of error used in political polls. The McHenry County Supervisor of Assessments has provided the following data from 2015. ┬áThis is … Continue reading

A Benefit of Consolidating Township Governments

Back in the 1970’s, Algonquin Township Assessor Forrest Hare computerized his office, probably the first to do so in the State of Illinois. He also took an interest in how assessment could be made more accurate. Hare looked at measures … Continue reading