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:  
   
 
 

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

   
 

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

   
  Cook County was created on January 15, 1831 and named after Daniel P. Cook, Member of Congress and the first Attorney from the State of Illinois.
   
     
     
     



Bad news: County property tax bills to come early and possibly be more costly

Wednesday, June 27, 2012
Chicago Sun-Times
by Lisa Donovan

Already, officials announced Cook County’s property tax bills will be in the mail next week — the earliest in 30-plus years — which means scrounging around for cash during summer vacation season.

Now this: After years of falling real estate values, property taxes are likely to go up or at least stay the same, according to statistics released Tuesday by Cook County Clerk David Orr.

Countywide, property owners will collectively pay $11.7 billion in property taxes, nearly a half percent more than last year’s $11.6 billion, according to Orr’s office.

Chicago property owners will fork over $4.1 billion towards the major taxing districts, up slightly from $4.05 billion the previous year.

But those increases – even slight ones - in requests from taxing districts translate to property tax increases, says Bill Vaselopulos, tax extension manager in Orr’s office.

“Just because your value drops, doesn’t mean your bill is going to go down because the taxing districts are entitled to a certain amount of money,” Vaselopulos said.

The money is dispersed to cities, libraries, parks and others that rely on those dollars for payroll and other operating expenses.

Here’s a snapshot of what some of the taxing districts are asking for countywide: The city of Chicago’s request remained about the same at $750.5 million while the city’s park district request fell by about $2 million over the previous year. Meantime, Chicago Public Schools asked for $2.159 billion, up from the previous year’s $2.118 billion, while the Metropolitan Water Reclamation District’s tax request went from $457.3 million to $476.9 million.

The complicated task of figuring tax bills also takes in to consideration the state-issued equalization factor and, finally, the tax rate — set by the clerk’s office — to meet the taxing districts’ financial needs.

Factored in to the tax bill equation is the Consumer Price Index, currently 1.5 percent, which sets property tax limits — a guide for taxing districts that are weighing a hike in the levy.

This year, dropping assessed values on homes, along with the state equalizer falling, drove the tax rates up in most parts of the county to meet the demands of the taxing districts.

For example, on a Chicago home valued at $200,000 with a homeowner’s exemption, the annual tax bill would be $2,586, up $121 from last year’s $2,465.

The nearly 5 percent hike in that case can be attributed to the sunsetting 7 percent homeowners’ exemption — something that is happening countywide. On top of that the tax rate set by the clerk’s office went from 4.931 to 5.455 percent, according to tax statistics.




Recent Headlines

Preckwinkle counters IG report on Cook hospitals, says system continues 'to reform and modernize'
Thursday, May 17, 2018
Chicago Tribune

Clerk Brown, vendors discuss e-filing users’ first steps in Cook County
Wednesday, May 16, 2018

Wilmette to reconsider adopting Cook County minimum wage, sick time laws next month
Wednesday, May 16, 2018
Chicago Tribune

Bill to keep pregnant women out of jail while they await trial reaches governor's desk
Tuesday, May 15, 2018
Chicago Tribune

2018 ASIAN AMERICAN PACIFIC ISLANDER HERITAGE MONTH OBSERVANCE MAY 01 – MAY 31, 2018
Tuesday, May 15, 2018
Special to suffredin.org

Inspector general: Cook County hospitals lost roughly $165 million due to widespread errors
Tuesday, May 15, 2018
Chicago Tribune

3 Cook County police vehicles damaged in Oak Forest crashes
Sunday, May 13, 2018
Daily Southtown

Seattle Soda Tax Revenue Is Exceeding Projections
Friday, May 11, 2018
Governing Magazin

Facebook: Cook County data mining lawsuit designed to benefit only county government, its hired lawyers
Thursday, May 10, 2018
Cook County Record

Cutting court interpreters threatens due process rights, even victim safety, union says
Thursday, May 10, 2018
Chicago Reader

Assessor’s Office new residential property assessment model unveiled for Tax Year 2018 reassessment
Wednesday, May 02, 2018
Special to suffredin.org

CEDA scholarships
Tuesday, May 01, 2018
Special to suffredin.org

County’s ‘Scavenger’ Sale To Boost Blighted Neighborhoods
Tuesday, May 01, 2018
WBEZ Public Radio

Cook County selling nearly 3,200 vacant lots to encourage redevelopment
Tuesday, May 01, 2018
Chicago Tribune

Cook County property owners with past-due tax bills could face steeper payments after Friday
Monday, April 30, 2018
Chicago Tribune

Cook Sheriff: Backpage, attorneys owe Cook County for 'hoax' suit over sheriff's credit card squeeze
Friday, April 27, 2018
Cook County Record

Two Cook County branch courthouses could close in budget cuts that followed pop tax repeal
Thursday, April 26, 2018
Chicago Tribune

Western Springs Board votes to follow county ordinance, raising minimum wage to $11 this year
Tuesday, April 24, 2018
Pioneer Press

Mother files complaint, says while she was at Daley Center for jury duty, staff sent her to men’s room to pump breast milk
Monday, April 23, 2018
Chicago Tribune

Challenge to filing fee has some worth
Monday, April 16, 2018
Chicago Daily law Bulletin

all news items

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