Suffredin- Changing County Government  
 

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.

   
  Eighteen of the 20 largest banks in the world and more than 50 foreign banks have offices in Cook County.
   
     
     
     



Extend limit on increases in annual tax assessments

Tuesday, April 11, 2006
Chicago Sun-Times

Notices from the Cook County Assessor's Office will start hitting the mailboxes of Rogers Park homeowners this week. Other Chicago areas will follow in the months ahead. And the news isn't good: The median increase for city residences is a staggering 41 percent. If you're working on your income taxes this week, the last thing you want to think about is a potential sharp rise in property taxes.
Three years ago, when the median increase in Chicago was 35 percent, the shock was tempered by a new state law that limited annual increases in assessments for homeowners to 7 percent. That law covered Cook County's triennial assessment period. County Assessor Jim Houlihan is now trying to persuade lawmakers to extend the cap, but while legislation has cleared the Senate, it has stalled in the House. (There is time to extend it later this year, but Houlihan hoped to settle the matter before assessments went out so homeowners knew what to expect.)
The law was intended to protect homeowners from sticker shock by spreading out increases over three years. It also attempted to maintain the proportion of taxes paid by residential and commercial properties. It has succeeded on both scores.
Yes, businesses are paying more than they would have otherwise, because their share of the tax pie would have been slightly less. And yes, some homeowners also are paying more. But there is always a rebalancing of the burden after assessments. And there are more winners than losers thanks to this law.
When the law was passed, it was billed as a step toward reforming the state's inequitable tax system. That doesn't look likely anytime soon. But lawmakers should at the very least extend this worthwhile program.
Copyright © The Sun-Times Company
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.



Recent Headlines

Cook County Jail’s book limit ruled as proper
Wednesday, September 18, 2019
Chicago Daily law Bulletin

Prisoner escapes from Chicago police custody en route to Cook County Jail
Tuesday, September 17, 2019
Chicago Sun-Times

County clerk’s office needs federal oversight
Monday, September 16, 2019
Chicago Sun-Times

City Club of Chicago: Toni Preckwinkle – Advancing Racial Equity in Cook County
Monday, September 16, 2019
WGN Radio

Choosing Cook County judges, Justice Ginsburg reminds us, should not be a popularity contest
Monday, September 16, 2019
Chicago Sun-Times

Kim Foxx interested, wary of working with Trump White House on criminal justice reform
Sunday, September 15, 2019
Chicago Sun-Times

Is Clerk Karen Yarbrough ‘best official’ in county — or is patronage hiring flap only ‘tip of the iceberg’?
Sunday, September 15, 2019
Chicago Sun-Times

A secret vote will choose Cook County’s next judicial chief. A $270 million budget, thousands of employees, and the future of a huge court system are at stake.
Wednesday, September 11, 2019
Chicago Tribune

Evans Faces Challenge Thursday For Position As Cook County Chief Judge
Wednesday, September 11, 2019
WBEZ News

Cook County Health's John H. Stroger, Jr. Hospital Receives $5M Federal Grant to Support Cancer Research
Wednesday, September 11, 2019
Daily Herald

Cook County Forest Preserves Might Pitch Property Tax Hike To Voters
Wednesday, September 11, 2019
WBEZ News

Column: Ethically, Todd Ricketts owes Cook County six more years of property taxes on his Wilmette house. He should pay up.
Tuesday, September 10, 2019

Watchdog accuses County Clerk Karen Yarbrough of running ‘illegal patronage’ operation, wants court oversight
Tuesday, September 10, 2019
Chicago Tribune

Cook County Prosecutors Decline To File Charges In About 1 In Every 5 Murder Cases
Thursday, September 05, 2019
WBEZ Chicago Public Radio

Cook County Maps Story of Opioid Epidemic with New Website
Thursday, September 05, 2019
WBEZ News

Slow refund checks for Water Tower residents—including the county treasurer—lead to proposed fee
Wednesday, September 04, 2019
Crain's Chicago Business

Criminal history vs. compassion? County debate over role of rap sheets in rental decisions
Wednesday, September 04, 2019
Chicago Sun-Times

Cook County’s new law barring landlords from turning away tenants with certain criminal backgrounds faces controversy
Wednesday, September 04, 2019
Chicago Tribune

Editorial: Upholding Cook County’s assault weapons ban
Tuesday, September 03, 2019
Chicago Tribune

Cook County Hospital rehab awarded $3 million in state tax credits
Tuesday, September 03, 2019
Curbed Chicago

all news items

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