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:  
   
 
 

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 Hospital fills more outpatient prescriptions every day than are filled at 26 Walgreen's drug store combined.
   
     
     
     



Illinois Department of Revenue sets tentative tax mutiplier

Sunday, March 23, 2014
Journal Online

As announced by the State on Friday, Mar. 21:

A tentative 2013 property tax equalization factor of 2.6039 for Cook County was announced today by the Illinois Department of Revenue. The department is required by law to calculate the factor, often called the multiplier, to achieve uniform property assessment throughout the state.

The 2013 tentative equalization factor decreased from the 2012 final factor of 2.8056.

The department determines the equalization factor for each county by comparing over a three-year period the actual selling price of individual properties to the assessed value placed on those properties by the county assessor. If the median level of assessment for all property in the county varies from the 33-1/3 percent level required by law, an equalization factor is assigned to bring assessments to the legally mandated level.

The three-year average level of assessments (weighted by class) for Cook County property was 12.80 percent. The department calculated the multiplier to bring the average level of assessments to the required 33-1/3 percent level by dividing Cook County’s three-year average of 12.80 into 33.33. After taking into account 2013 reassessments, the levels of assessment are as follows:

Class  2010 2011  2012  Average 
1 (Vacant lots)  13.50  7.59  6.98  9.36 
2 (Residential)  9.80  9.97  10.84  10.20 
3 (Apartments)  11.68  13.28  10.67  11.88 
5a (Commercial)  28.69  23.96  26.41  26.35 
5b (Industrial)  25.61  24.15  23.41  24.39 
Countywide (weighted average) 12.56  12.45  13.38  12.80 

The equalization factor does not cause individual tax bills to go up. Tax bills are determined by local taxing bodies when they request the dollars needed to provide services to citizens. The assessment process simply determines how the bill will be divided among taxpayers.

A Cook County ordinance requires that residential property (homes, condominiums, apartment buildings of six units or less) be assessed at 10 percent of market value; all other residential property (apartments with more than six units), 10 percent; vacant lots, 10 percent; property owned by not-for-profit corporations, 25 percent; commercial property, 25 percent; industrial property, 25 percent; and commercial or industrial property being developed in economically deprived areas, usually 10 percent.



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