Cook County

.

Estimated Effective Property Tax Rates 2003-2012: Selected Municipalities in Northeastern Illinois

This annual report compares effective property tax rates in the six-county region of northeastern Illinois…

.

Pension Funding Basics: Assets and Liabilities

The most basic question about a pension fund is whether its assets are sufficient to cover total liabilities incurred. In this blog post, we examine the aggregate pension liabilities and Other Post…

.

Pension Funding Basics: Unfunded Liabilities as a Percentage of Payroll

The difference between a pension fund’s assets and accrued liabilities is known as the unfunded liability. The unfunded actuarial accrued liability (UAAL)

.

Annexation of Unincorporated Areas in Illinois

Unincorporated areas lie outside municipal boundaries. The residents and businesses located in these areas are usually provided municipal services such as police protection and building code enforcement by county government or special…

.

Trends in Estimated Full Value of Real Estate in Cook County

The Civic Federation today released its annual estimate of the full value of real estate in Chicago and the Cook County suburbs. After the rate of decline in estimated property values slowed for the County as a whole in 2011, the rate of…

.

Estimated Full Value of Real Property in Cook County: 2003-2012

This report provides estimates of the total market value of real property in Cook County from 2003-2012 and shows how property value is spread among the City of Chicago, the northern and the southern suburbs.The full market value of…

.

Tax Rates of Major Chicago Area Governments Continue to Grow

Second installment property tax bills for Cook County residents were mailed out this month, the third year in a row that they have been sent out on time. Between tax year 1977 and tax year 2011, second installment bills were sent out late…

.

Cook County Issues Preliminary Budget Forecast for FY2015

On June 26, 2014, Cook County Board President Toni Preckwinkle issued a preliminary budget forecast for fiscal…

.

New Cook County Property Tax Bills to Include Additional TIF Information

Last week Cook County Clerk David Orr announced upcoming changes to property tax bills…

.

FY2014 Public Safety Spending in Cook County

Cook County is a home rule government with three primary responsibilities: collecting tax and fee revenue, protecting public health through the administration of a public health and hospital system and ensuring public safety and justice…