Suffredin- For a Better Cook County  

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.

  The Cook County Forest Preserve District maintains over 70 miles of bicycle trails.

Taxes to jump, but how high?
Property rate tied to exemption's future

Monday, March 26, 2007
Chicago Tribune
by Mickey Ciokajlo

Chicago homeowners should brace themselves for a property tax increase when bills are sent out this fall, according to a new study to be released Monday.

The amount of that tax hike will depend on the fate of legislation currently pending in Springfield.
The study released by the Civic Federation, a nonpartisan government watchdog group, shows that the median tax increase for Chicago homeowners will be 18.4 percent if the current system of limiting the impact of assessment increases is kept in place.

If that system--the so-called 7 percent assessment cap--is allowed to expire, Chicago homeowners will see their bills jump by a median of 43.6 percent, the study found.

That is higher than figures released in a November Civic Federation analysis because the group now has more complete data to review, said Laurence Msall, the organization's president.

The study will be available Monday on the group's Web site,

The 135-page study is the most comprehensive analysis to date of the 7 percent tax cap, which was signed into law in 2004. The cap will expire this year in the city of Chicago and in suburban Cook County over the next two years unless the General Assembly approves an extension.

Although the law is commonly referred to as a tax cap, it is really an expanded homeowner's exemption. The amount of that exemption increases from $5,000 up to a maximum of $20,000 to keep a house's taxable assessed value from rising more than 7 percent a year.

The Illinois Senate has approved a renewal of the law that would increase the exemption limit to $60,000, a version favored by Chicago Mayor Richard Daley and Cook County Assessor James Houlihan.

Illinois House Speaker Michael Madigan supports keeping the exemption limit at $20,000, spokesman Steve Brown said. The Civic Federation has also endorsed retaining the current limit.

Recent Headlines

Cook County Public Defender Amy Campanelli on Gun Violence, Police Database.
Monday, August 26, 2019

Assessor: Homes values, sale prices up in Schaumburg Township
Tuesday, August 20, 2019
Daily Herald

Home improvement grant designed to get the lead out
Tuesday, August 20, 2019

Cook County census panel seeks outreach help for hard-to-count communities
Monday, August 19, 2019

Cook County Land Bank Authority Announces Opening of Registration to Give Away a Free Home
Tuesday, August 13, 2019
The Chicago Crusader

Friday, August 09, 2019
Illinois Policy

America’s most interesting sheriff
Friday, August 09, 2019

Top Cook County Jail chess players take on the world
Wednesday, August 07, 2019
Chicago Sun-Times

Public defender takes shots at Chicago Police gun offender webpage
Wednesday, August 07, 2019
Chicago Sun-Times

Commentary: Data alone won’t stop Chicago gun violence; Cook County needs a public ‘Violence Reduction Dashboard’
Wednesday, August 07, 2019
Chicago Tribune

Cook County Jail detainees take on inmates around the world in online chess tournament
Tuesday, August 06, 2019
Chicago Tribune

Here’s What You Need To Know About The Ongoing Bail Debate In Chicago
Monday, August 05, 2019
WBEZ Chicago Public Radio

Cook County Jail hosts international chess tournament
Monday, August 05, 2019
WGN Chicago

Cook County property taxes are due today, Aug. 1.
Thursday, August 01, 2019
Special to

Forest Preserves of Cook County Celebrate Dan Ryan Woods Investments
Thursday, August 01, 2019
Chicago Defender

Cook County TIFs generate $1.2 billion
Thursday, August 01, 2019
Chicago Sun-Times

Changes coming to Cook County assessor’s office
Thursday, August 01, 2019
Chicago Daily Law Bulletin

In Chicago, TIF Revenues Soaring
Wednesday, July 31, 2019

A controversial tax subsidy program will generate a record $1.2 billion in revenue. Here’s what the number means for Chicago.
Wednesday, July 31, 2019
Chicago Tribune

Group to rally in support of Kim Foxx as challengers emerge
Tuesday, July 30, 2019
Crain's Chicago Business

all news items

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