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

McHenry County Residents Can Prepay Property Tax Bills

Why would one want to do that? With the Federal income tax being amended to preclude deduction of property and state income taxes above $10,000 from one’s Federal income, some people might be interested in what McHenry County Treasurer offers. … 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

4,150 (Almost 12%) Algonquin Township Property Owners Have Real Estate Tax Bills Over $10,000

Previously, McHenry County Blog reported that over 15,000 property tax bills in McHenry County exceeded $10,000. Wby is that of interest? Because U.S. House Republicans, with Algonquin Township’s Congressman Peter Roskam on the tax writing committee,have proposed allowing deductions for real … Continue reading

Over 21,000 Kane County Tax Bills Exceed $10,000 Deductibility Threshold in GOP Income Tax Reform Plan

$10,000 is the maximum amount that income tax filers will be able to deduct in property taxes under the proposed income tax reform being pushed by U.S. House Republicans. In McHenry County, as was reported Friday, there are 15,122 real … 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

Andrew Gasser Proposes 5% Cut in Algonquin Township Road District Taxes

$3,729,762.70 is the amount that Algonquin Township Road Commissioner Andrew Gasser will ask be levied for the Road District next year. This year, $3,926,154.18–almost $200,000 more–was extracted from property owners in Algonquin Township. Gasser proposes cutting the budget proposed by … 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