Cook County tax rates generally stableBut will tax bills follow suit?
Tuesday, November 09, 2010
by Ted Cox
With local governments' tax collections tied to the Consumer Price
Index in the midst of a harsh recession, many Cook County property
owners should see little increase in their second-installment tax bills
being mailed out this week, according to Clerk David Orr's Office.
Tax rates for some of the county's 1,500 taxing bodies went
down, Orr disclosed Monday. Tax rates for Northwest suburban schools,
which typically make up about half of a person's tax bill, dropped or
increased modestly, with several exceptions.
Coupled with lower property assessments for homeowners across
the county, that should mean few surprises on many bills being mailed
out on Wednesday, said Bill Vaselopulos of the clerk's office.
But some areas where rates rose higher could buck that trend, and
one wild card could push individual homeowners' tax bills up, Vaselopulos said.
That's the record 430,000 property assessment appeals filed
with the Cook County Board of Review half again more than the previous
record of 280,000, and almost a quarter of the county's 1.8 million
Homeowners could see significant increases in their tax
bills if many of their neighbors won significant assessment reductions
and they did not, or if highly valued commercial property nearby had its
“Your increases or decreases are due to everyone else's increases or decreases in your area,” Vaselopulos said.
Among the highest tax rate increases for schools, Des
Plaines Elementary District 62's rate rose 7 percent and Elk Grove
Township District 59's rate rose 7.46 percent, which officials in
District 59 attributed to reduced assessed property value in the school
During his unsuccessful campaign for Cook County assessor,
Chicago Democratic Commissioner Forrest Claypool put out a list of the
300 largest assessment reductions in the county, many of which were in
the suburbs. He charged that the Board of Review assessment reductions
for big commercial properties would shift the tax burden to homeowners.
Joe Fratto, chief deputy treasurer under Cook County
Treasurer Maria Pappas, said his office did not yet have figures for the
average increase or decrease seen in the second-installment tax bills,
which will go out Wednesday with a due date of Dec. 13. He said property
owners can check their bills Wednesday online at
In the back and forth on the way to setting tax bills,
Assessor James Houlihan lowered homeowners' assessments across the
county this year, and the Board of Review granted a record number of
reductions in assessment appeals. The state Department of Revenue made
up for that by setting a record-high equalizer of 3.3701, meant to bring
Cook County's assessment levels in line with those elsewhere in the
Tax caps limited the increase in tax collections to 0.1 percent, the increase in the Consumer Price Index, in many districts.
Cook County is raising $11.3 billion in property-tax revenue
this year, up 1.8 percent from $11.1 billion last year, Vaselopulos
said. The lion's share of the increase is in the suburbs, but even at
that it's a 2.78 percent increase in suburban Cook County, he said.
Vaselopulos said that with 1,500 taxing bodies creating
2,500 different combinations in tax bills across the county, “to make a
generalization is very hard,” but that most homeowners should see little
increase in their tax bills.
First-installment 2010 bills will be due April 1, a month
later than usual, Fratto said, in part because the second-installment
2009 bills are going out so late this year.