Taxes and Fees

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Effective Property Tax Rates in the Collar Counties

This week the Civic Federation released its annual Effective Property Tax Rates report. The report highlights the fact that in 2012 property tax…

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Report looks at Chicago Area Property Tax Trends

(The full content of this article is only available to the publication’s subscribers.) This article covers the Civic Federation’s annual Effective…

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Illinois Clears Backlog of Income Tax Refunds and Reaps Surpluses

As recently as 2011, the State of Illinois projected its backlog of unpaid income tax refunds could increase to more than $1.0 billion but by the end of…

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Study Compares Property Tax Burden in Northeast Illinois

Ten-Year Trends for Cook County Show Highest Tax Burden in Harvey, Lowest in Chicago The Civic Federation released its annual estimate of effective property tax rates in the six-county region of northeastern Illinois today. Among the 12…

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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…

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How the Chicago 911 Surcharge Frees Up Additional Funding for the Municipal and Laborers’ Pension Funds

Public Act 98-0641, the City of Chicago’s pension reform bill, originally called for an increase in property taxes to help fund the Municipal Employees’ Annuity and…

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City home values only glimmer in bleak Cook property value report

This article discusses the Civic Federation's Estimated Full Value of Real Property in Cook County report, released…

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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…

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Estimated Full Value of Real Estate in Cook County Falls to Lowest Level Since 2001

(CHICAGO) The full market value of real estate in Cook County was approximately $414.4 billion in tax assessment year 2012 according to an annual estimate released today by the Civic Federation. The 2012 total value estimate represents a…

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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…