Suffredin- An Advocate for All of Us  
 

Accountability
Forest Preserves
Public Safety
Cook County Budget
Forest Pres. Budget
Property Tax Appeal
Health & Hospitals
Land Bank Authority
Policy Resolutions
Unsung Heroine

 

   
 
   
   
 
   
     
  Office phone numbers:  
   
 
 

The Cook County Code of Ordinances are the current laws of Cook County.

   
 

Search current and proposed Cook County Legislation in Larry's exclusive legislative library.

   
  Cook County is the second most populous county in the nation. It is the 19th largest government in the U.S.
   
     
     
     



Assessor trying to ensure Cook County property values adjusted to reflect ‘coronavirus effect’
All property owners will get a notification from the Cook County assessor’s office. Assessor Fritz Kaegi said his staff will “have to bend over backwards to keep on schedule” but he’s optimistic they’ll be able to get things done on time.

Friday, April 03, 2020
Chicago Sun-Times
by Rachel Hinton

Knowing many residents are facing economic uncertainty from the coronavirus pandemic, Cook County Assessor Fritz Kaegi said Friday that all homes, businesses and other real estate parcels could see their property values adjusted due to COVID-19’s effect on the market.

The first-term assessor said analysts in his office are looking for data from natural disasters and other economic crises to understand what could happen to property values in Cook County, but even with those comparisons the challenge coronavirus presents is unmatched.

“This is different because, for all of us to be safe and to get ahead of [coronavirus], we’ve had to shut down so many different sectors of the economy and economic activity,” Kaegi said.

“We’re trying to be mindful of all of that and try to reflect as best we can with the data that we have how the crisis is affecting different people’s lives,” Kaegi said. “We know that we won’t be perfect in that — the future is a little bit unknown, and how this crisis unfolds is uncertain, but we’re going to be doing the best we can. We figure it’s better to do that, rather than proceed as if nothing had happened.”

All property owners will get a notification from the assessor’s office. Owners of west and south suburban properties already scheduled to be reassessed this year will receive a reassessment notice, while property owners in the northern suburbs and Chicago will receive a notice letting them know that the coronavirus may have affected their property values and what their new, adjusted value could be.

Property owners in Chicago and the northern suburbs can submit appeals of their latest assessments, which will be processed by analysts. Eventually, all property owners will receive a mailing with their property’s adjusted value.

Their current assessed values could be adjusted to either the appealed value or the “coronavirus effect” value, a spokesman said.

The appeals period will be shortened from the typical 40 days to 35 days in order to make sure the assessor’s office will be able to hand off their assessments to the county’s Board of Review on time.

The normal period for a re-review is being eliminated, but the office is encouraging people to submit requests online to meet with the assessor’s staff members to have their questions and concerns answered.

Kaegi said his staff will “have to bend over backwards to keep on schedule” but he’s optimistic they’ll be able to get things done on time. The team has been working hard the last few weeks to adjust to the circumstances and try to make sure they’re doing the best for homeowners and businesses.

When asked if he’d support potentially pushing back the due date for property tax bills, Kaegi said the focus should be on the federal government supporting state and local governments instead of potentially taking funding from the county’s hospitals, which are the “front line of defense.”

“The financial ability of our front line of defense depends on the property tax system but … the federal government can also backstop it,” Kaegi said. “So how do we pay for that frontline defense? That’s why focusing on the federal government and the support that it’s providing is paramount in all of this. It has unique fiscal ability, unique liquidity, to provide support to the front line of defense against [coronavirus], and they should be doing that. But if they’re not, if our federal government is failing on that, how do we support the front line of defense? The property tax system has to be there.”

 



Recent Headlines

Cook County chief judge pushes reopening dates back
Friday, May 29, 2020
Chicago Daily Law Bulletin

Coronavirus in Illinois updates: Here’s what’s happening Friday with COVID-19 in the Chicago area
Friday, May 29, 2020
Chicago Tribune

Suburban restaurants open for outdoor dining Friday. Here’s what to know.
Thursday, May 28, 2020
Chicago Tribune

Kaegi to cut assessments on homes, condos by 8 to 12 percent
Thursday, May 28, 2020
Crain's Chicago Business

Why is My Park Closed? Some Chicagoans Complain of Losing Access to Parks That Should Be Open
Thursday, May 28, 2020
wttw

Here’s what will be different Friday, when most of the state (but not Chicago) moves into phase three of Gov. J.B. Pritzker’s reopening plan
Thursday, May 28, 2020
Chicago Tribune

First two Cook County judges test positive for COVID-19
Thursday, May 28, 2020
Chicago Sun-Times

First 2 Cook County Judges Test Positive for COVID-19
Thursday, May 28, 2020
WTTW News

Here’s what will be different Friday, when most of the state (but not Chicago) moves into phase three of Gov. J.B. Pritzker’s reopening plan
Thursday, May 28, 2020
Chicago Tribune

Coronavirus in Illinois updates: Here’s what’s happening Thursday with COVID-19 in the Chicago area
Thursday, May 28, 2020
Chicago Tribune

The Spin: Nation, Illinois, Cook County reach grim coronavirus death milestones |
Wednesday, May 27, 2020
Chicago Tribune

How COVID will change your CTA ride
Wednesday, May 27, 2020
Crain's Chicago Business

Cook County M.E.’s autopsies in less than five months surpass entire 2019 tally: ‘We do not believe that these deaths had to occur’
Wednesday, May 27, 2020
Chicago Sun-Times

2 exonerated men file federal suits claiming Chicago police and Cook County prosecutors framed them for murder as teens
Wednesday, May 27, 2020
Chicago Tribune

Peoples Gas encourages customers to apply for financial assistance
Wednesday, May 27, 2020
Chicago Crusader

Folks Are In Limbo’: Cook County Court Shutdown Could Stretch Into July
Wednesday, May 27, 2020
WBEZ News

Chicago-area municipalities to rely on counties for CARE Act money
Wednesday, May 27, 2020
The Daily Line

Local governments set to get small slice of $4.9B coronavirus relief package headed to Illinois
Wednesday, May 27, 2020
The Daily Line

Cook County death toll in less than five months surpasses entire 2019 tally: ‘We do not believe that these deaths had to occur’
Wednesday, May 27, 2020
Chicago Sun-Times

Cook County courts extend COVID-19 precautions into July, further delaying most criminal, civil cases
Wednesday, May 27, 2020
Chicago Sun-Times

all news items

Paid for by Larry Suffredin and not at taxpayer expense. A Haymarket Production.
^ TOP