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

Five-Year Tax Hike for Schools 12.75%

Reader “Connecting Dots” inserted this property tax information in a comment under the article, “McSweeney Introduces Eleven Bills.” There are comments on more than one of the bills, but with regard to McSweeney’s House Bill 178 to freeze township extensions … Continue reading

McSweeney Introduces Eleven Bills

Sophomore State Rep. David McSweeney introduced eleven bills on the first day of the session. To say that it is an ambitious agenda is more than an understatement. You can take a look at them below: House Bill 173 – Repeals … Continue reading

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

McHenry County Multiplier Increases Assessments 1.0243 for This Year’s Tax Bills, $1 Billion Assessment Loss Sends Tax Rates Soaring

Taxpayers may be making more of a fuss this year than previously. Maybe not. Tax districts are getting less than 2% more this year, when the Property Tax Cap allowed them to get 3%. So, some tax districts showed restraint … Continue reading

County Board Increases Balance One-Twelfth Pretty Much Gruaranteeing Taxing to the Max

You may remember my critique of the County Board’s budget limiting efforts. My May 30th article was entitled, “County Board Just Can’t Say, ‘No New Taxes.‘” The guts of the article was this table: Approximate 20 Year Effects of Not … Continue reading

McHenry County Republican Precinct Committeemen Have Chance to Exercise More Power Than Ever Before

An astute political observer noted that Republican Precinct Committee have more power being thrust in their hands at Saturday’s 9 AM meeting of the GOP Central Committee than they have ever had before. Indeed, in times past, Precinct Committee have … Continue reading

The Tax Cap Did Not Make Your Tax Bill Go Up, Tax District Officials Asking for More Money Did That

Under the heading of “Why your tax bills went up,” in Kevin Craver’s article on the issuance of Property Tax bills is a misstatement from the McHenry County Supervisor of Assessments. The Northwest Herald story says Robert Ross indicated, “The … Continue reading

Remembering the County Board Members Who Voted to Maximize Our Tax Increases

With tax bills having arrived, it seems appropriate to call attention again to those McHenry County Board members who recommended to tax us to the max: Who Voted to Raise Your County Taxes? The Board members voted “balloon” levy, that … Continue reading

Surges Rebuts McConnaughay “Hit Piece” on Property Tax Payments

A press release from Cliff Surges, who is running against Karen McConnaughay: REPUBLICAN CLIFF SURGES ANNOUNCES SUPPORT FOR PROPERTY TAX FREEZE LEGISLATION WHILE McCONNAUGHAY’S WEAK ATTACK ON SURGES MISSES THE MARK “Property Tax Freeze is what is important,” says Surges, … Continue reading

NW Herald Article Actually Quotes Cal Skinner

Guess my article about the motivation for Democrat Jack Franks’ Real Estate Tax Cap bill and the one about his Senate sponsor’s outright rejection of the idea and the posting of the email from Crystal Lake Grade School District 47 … Continue reading

Senate Sponsor of Jack Franks’ Property Tax Cap Bill Says It’s “Dead on Arrival”

Yesterday, McHenry County Blog noted that State Rep. Jack Franks’ bill was “headline” bill, that is one, that was put up to garner local press, but never intended to be enacted. In fact, I quoted a state legislator close to … Continue reading

Jack Franks’ Tax Cap Bill Passes House – Roll Call of SB 2073 & Email Addresses of Local Tax District Officials whose Lobbyists Tried to Kill the Bill and Will Do So Again in the Senate

The Chicago Sun-Times is reporting that State Rep. Jack Franks (D-Marengo) has reversed the House defeat of his bill to prevent local tax districts from raising the tax take when assessed valuation is not growing…regardless of the increase in the … Continue reading

Capturing Growth in Assessed Value Without Raising Taxes on Current Property Owners

Under the Real Estate Tax Cap (PTELL to the technocrats), tax districts are limited to the increase in the Cost of Living as to how much they can receive out of our wallets. This coming year, tax district officials were … Continue reading

No Financial Diet for McHenry County Next Year + The Tax Levy Game

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

McHenry County of Governments Opposes Capping Tax Cap CPI Hikes in Property Downturns

“We want more!” might be the motto of the McHenry County Council of Governments, a taxpayer-supported local meeting ground of local officials, elected and appointed. The McCOG group’s Executive Director has sent out the following email in opposition to State … Continue reading

School Boards Fight Tax Relief with Tax Dollars

Not only are townships and municipalities using taxpayer dollars to lobby against the interests of their taxpayers, so are school boards. And they are all paying for their lobbying with taxpayer-financed dues. Read what is posted on the Illinois Association … Continue reading

Real Estate Tax Assessments Down Almost 10%, Don’t Expect a Lower Bill

The 2010 assessed valuation has been totaled for McHenry County and it’s down almost 10%. That’s what a comparison of raw figures from the McHenry County Supervisor of Assessments Office indicate. McHenry County real estate taxes this year will be … Continue reading