Legislation headed to Gov. J.B. Pritzker’s desk could set the stage for a wave of annual real estate tax increases across Illinois by allowing local taxing bodies the ability to make up for refunds they’ve issued due to erroneous property over-assessments by shifting those costs onto the rest of their taxpayers. In Cook County alone, refunds issued by local taxing bodies during the 2020 calendar year in categories covered by the legislation total $176.3 million — an amount roughly in line with annual refunds issued since 2015, based on statistics obtained through a Freedom of Information Act request from the county treasurer’s office.
Related posts
-
Suburban skaters mourn D.C. plane crash victims they’d just seen at Kansas competition
Some of the victims on the American Eagle flight that crashed into the Potomac River after... -
Suburban skaters mourn D.C. plane crash victims they’d just seen at Kansas competition
Some of the victims on the American Eagle flight that crashed into the Potomac River after... -
The MSL’s tradition should not be taken lightly
While the realignment plans for the Mid-Suburban League carry a noble goal, the loss of tradition...