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.

   
  The first blood bank in the world was established at Cook County Hospital by Dr. Bernard Fantus in 1937.
   
     
     
     



Cook County Final Multiplier Announced

Friday, April 29, 2016
Special to suffredin.org
by Terry Horstman

 

Release Contact: Terry Horstman April 28, 2016 217.558.2953 Cook County Final Multiplier Announced SPRINGFIELD – The Illinois Department of Revenue announces the final 2015 equalization factor of 2.6685 for Cook County. The department is required by law to calculate the factor, also called the multiplier, to achieve uniform property assessment throughout the state. The 2014 final equalization factor was 2.7253. The department determines the final equalization factor for each county by comparing the actual selling price of individual properties, over a three-year period, with the assessed value placed on those properties by the county assessor and adjusted by the board of review. 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. A tentative equalization factor of 2.6059 was issued on February 25, 2016. The final factor is different than the tentative factor because of assessment reductions by the Cook County Board of Review. The three-year average level of assessments (weighted by class) for Cook County property is 12.49 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 12.49 into 33.33. After taking into account the assessment changes by the board of review, the levels of assessment are as follows:

 

3-Year Class 2012 2013 2014 Average 1 (Vacant Lots) 7.33 6.52 6.81 6.89 2 (Residential) 11.09 10.18 9.21 10.16 3 (Apartments) 11.22 10.05 6.71 9.33 5a (Commercial) 26.64 24.22 25.26 25.37 5b (Industrial) 22.05 22.62 20.98 21.88 COUNTYWIDE (Weighted average) 13.59 12.49 11.39 12.49 The equalization factor does not cause individual tax bills to go up. Local taxing bodies determine tax bills 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

Coronavirus in Illinois updates: Here’s what’s happening Thursday with COVID-19 in the Chicago area
Thursday, August 06, 2020
Chicago Tribune

Daily Bulletin: How ‘Operation Legend’ is Changing Chicago Courts
Thursday, August 06, 2020
The Trace

A Cook County teen was added to the statewide total number of coronavirus deaths — but the teen didn’t die from COVID-19. The state has removed more than 100 people erroneously added to list of the dead
Thursday, August 06, 2020
Chicago Tribune

‘These survivors are reaching out for help’: Lawyers accuse Dorothy Brown’s office of failing to send paperwork for orders of protection in timely manner
Thursday, August 06, 2020
Chicago Tribune

Preckwinkle: 2020 on Pace to be Worst Year for Suicides in Black Community in a Decade
Wednesday, August 05, 2020
WTTW News

Illinois has $300 million to help renters, homeowners catch up on payments
Wednesday, August 05, 2020
Crain's Chicago Business

Kane, DuPage counties warn of increase in COVID-19 rates, caution they could reinstate restrictions
Wednesday, August 05, 2020
Chicago Tribune

‘We Have No Choice But to Do Better’: Cook County Pledges to Address Increase in Black Suicides
Wednesday, August 05, 2020
The Trace

Officials: Cook County’s Justice for Black Lives resolution could have implications for Southland
Wednesday, August 05, 2020
Daily Southtown

Coronavirus in Illinois updates: Here’s what’s happening Tuesday with COVID-19 in the Chicago area
Tuesday, August 04, 2020
Chicago Tribune

Health department issues guidance for suburban Cook County, Illinois,
Tuesday, August 04, 2020
Special to suffredin.org

Illinois schools reopening updates: What suburban Chicago districts plan for fall
Tuesday, August 04, 2020
Chicago Tribune

Pritzker: COVID-19 Pandemic is Now Worse in Carbondale Than Chicago
Tuesday, August 04, 2020
WTTW News

County working on plan to reverse rise in Black suicides — ‘crisis that once again hits the African American community the hardest’
Tuesday, August 04, 2020
Chicago Sun-Times

Offices under Preckwinkle score mixed grades under self-published ‘performance dashboards’
Tuesday, August 04, 2020
The Daily Line

Federal push in Chicago begins to show up in new gun cases, some bypassing Cook County prosecutors
Tuesday, August 04, 2020
Chicago Tribune

With 2020 on pace to be the worst year in a decade for Black suicides, Cook County officials sound alarm on yet another ‘horrifying’ pandemic
Tuesday, August 04, 2020
Chicago Tribune

Visitors to Cook County Suburbs from COVID-19 Hot Spots to Quarantine for 2 Weeks
Monday, August 03, 2020
WTTW News

Board of Review Responds to Assessor’s Comment
Monday, August 03, 2020
Evanston RoundTable

Young activist dies after being shot in West Rogers Park. ‘We can honor him by continuing the call to end gun violence.'
Monday, August 03, 2020
Chicago Tribune

all news items

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