Tax Cap Inflation Rate for 2017 Taxes Set at 7/10 of 1%

Earlier this month, the Illinois Department of Revenue showed in inflation increase was 8/10 of 1% for 2015. That indicated that non-Home Rule tax districts (schools being the most expensive) could not increase their tax take by more than 8/10 … Continue reading

Rauner’s Real Estate Tax Freeze Proposal

It will be interesting to see how House Republicans who attacked State Rep. Jack Franks’ proposed “property tax freeze” will react when they discover that Govenror Bruce Rauner’s takes the same approach. (Read the language of Franks’ House Bill 695 … Continue reading

Conservation District Asking for Slightly Less

As I have been trying to get through to folks, something called the “tax extension” is what people (including reporters) should concentrate on. The extensions of all tax districts in McHenry County can be found on the McHenry County Clerk’s … Continue reading

Scott Curry Argued Against Higher McHenry Taxes

Back in November, Scott Curry was thinking about running for McHenry Alderman in Ward 4. Here’s what he said when he addressed the Finance and Personnel Committee¬†on November 3rd: Thank you for allowing me to speak this evening. As you … Continue reading

Low Inflation to Rescue Property Taxpayers in 2016

Thanks to The First Electric Newspaper for reminding me that it is that time of year when financial officials at tax districts find out how much more tax money they will be able to get in 2016. They already know … Continue reading