A continuation of the analysis of the current situation in Illinois by WirePoints: Fact 19 19. Property taxes punish. Much of the cost imposed by the failures of Illinois politicians shows up in the yearly property tax bills of Illinoisans across the state. By … Continue reading
Category Archives: Real Estate Tax
A letter to the Northwest Herald, reprinted with permission of its author, Steve Willson: Affordable Housing My Foot! Regarding the recent story in the Northwest Herald (Woodstock’s Prairie View Apartment Community Changes Hands; February 12, 2019). I’ve been in the municipal bond … Continue reading
A press release from State Rep. David McSweeney: Rep. David McSweeney Introduces Measure to Reduce All Illinois Property Tax Levies by 10% Springfield, IL – State Rep. David McSweeney (R-Barrington Hills) has introduced legislation to provide Illinois residents with some … Continue reading
Reprinted with permission: Illinois’ Lethal Combination: Rising Property Taxes & Stagnant Incomes Authored by Ted Dabrowski and John Klingner via WirePoints.com, A lethal combination of rising property taxes and stagnant incomes has forced many Illinoisans to rethink their relationship with … Continue reading
Look what the Tax Foundation presents in its most recent email. It’s a good follow-up to yesterday’s article by the Illinois News Network. Where Did Americans Move in 2018? States compete in a variety of ways, including attracting residents, and … Continue reading
A press release from the Village of Fox River Grove: Village Property Taxes Will Reduce 7% Fox River Grove property owners will pay less in taxes to the Village during calendar year 2019. The Village Board adopted an $18,882 (2.1%) … Continue reading
Today the Northwest Herald reports the following tax levy action by the McHenry County Board: “Last year’s budget included a $71.8 million property tax levy. The 2019 budget includes a $69.8 million levy.” The internet headline for the article follows: … Continue reading
A commenter points out In 2007 Mahady paid $2,828.64 in property tax. Ten years later in 2017 Mahady paid $2,819.68 in taxes which is an increase of $8.96, less than a dollar a year increase. Is that the kind of … Continue reading
From a comment left by “KnownExtremist:” Here is the story with Valley Hi. In 2002 the voters approved a referendum to allow a special real estate tax to be imposed on them to fund Valley Hi. At that time, Valley … Continue reading
From Lakewood resident Steve Wilson: Crystal Lake Library Annual Statistical Report Crystal Lake Library recently mailed its “Annual Report” to all the families in Crystal. It has lots of pictures and graphics showing statistics on usage for the fiscal year … Continue reading
In the Crystal Lake High School District 155 Board packet for Tuesday’s meeting are September letters from seven employees telling the District to stop taking union dues out of their paychecks. Details follow: Cary-Grove – Library Paraprofessional Prairie Ridge High … Continue reading
The McHenry County Board put next year’s real estate tax levy at $69,848,422. That is a reduction from this year’s $71,839,610. Last year the levy was $79,424,610.97. The County Board reduced it by about 9.5%, but some County Board members continued … Continue reading
$330,000 is about what billionaire and Democratic Party gubernatorial candidate JB Pritzker saved by removing toilets from the mansion he bought next door to his mansion. Today, the paper that discovered the deception, the Chicago Sun-Times, has a delightful headline, … Continue reading
Come October 16th the McHenry County Board will be voting on whether to draw down the incredible Valley Hi Nursing Home surplus of about $40 million by an amount equal to $100 per household. $8.8 million in checks would be … Continue reading
The Crystal Lake Library sent the following information about how much money is going to each local tax district. … Continue reading
Continuing coverage of the League of Women Voters Candidates’ Night for those seeking State Senate seat looking at answers to the question of whether property taxes should be capped or reduced and “how do you propose to help schools and libraries–two … Continue reading
An article by Austin Berg of the Illinois Policy Institute: WHY YOUR PROPERTY TAX BILL IS SO HIGH, AND HOW TO FIX IT Less than 50 cents of every additional property tax dollar over the last 20 years went to … Continue reading
An article by Austin Berg of the Illinois Policy Institute: WHY YOUR PROPERTY TAX BILL IS SO HIGH, AND HOW TO FIX IT Less than 50 cents of every additional property tax dollar over the last 20 years went to … Continue reading
Today, let’s look at spending and enrollment trends from 2010 through 2017. If these figures might inspire you to run for school board, please email me. Petition passing time is coming soon. … Continue reading
Ready for some noodling? Take a look at this District 155 spending data and then look at enrollment: Enrollment decreased 850 students in seven years. The time for people to pass petitions for next spring’s school board elections is coming … Continue reading