Taxes and Fees

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Property-tax bills rising while home values falling, Civic Federation says

In this blog post, Greg Hinz discusses the findings of the Civic Federation's report on effective property tax rates in Northeastern Illinois. The 2009 effective rates for nearly all communities in the six-county area were higher they…

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Property Values Down, But Property Taxes Up

This evening news segment reports on the findings of the Civic Federations's report on effective property tax rates in six counties in northeastern Illinois. The Federation found that residential effective tax rates rose for all 32…

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2010 Cook County Property Tax Rates Are Out

Cook County Clerk David Orr’s office today released the 2010 Cook County Tax Rates Report. The report lists property tax rates for…

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Estimated Effective Property Tax Rates 2000-2009: Selected Municipalities in Northeastern Illinois

This report compares effective property tax rates in selected communities around metropolitan Chicago and finds that all communities’ effective tax rates for residential properties rose between tax year 2008 and 2009 for each of the 32…

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Property Tax Burden Up Across Northeastern Illinois Between 2008 and 2009

Chicago Retains Comparatively Low Effective Property Tax Rates CHICAGO - The Civic Federation’s annual estimate of effective property tax rates in the six-county region of northeastern Illinois found that effective tax rates for…

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Civic Federation Position Statement on Property Tax Exemption for Charitable Organizations

The Civic Federation urges the General Assembly to establish clear standards of eligibility on property tax exemptions for charitable organizations. We are concerned that many organizations are uncertain about their property tax…

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What Causes Property Tax Bills to Increase or Decrease?

The Cook County Treasurer’s Office has announced that the second installment of 2010 property taxes is expected to be due in the first week of November. The…

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You say avoidance, they say evasion

In this opinion piece, Phil Rosenthal discusses a recent lawsuit brought by the Regional Transit Authority and the City of Chicago against downstate municipalities in regard to the diversion of tax revenue. The Civic Federation says that…

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Updated Report Explains Effect of TIF on Cook County Local Governments

Today the Civic Federation published an update to its primer The Cook County Property Tax Extension Process: A Primer on Levies…

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State Sees Decline in Backlog of Business Tax Refunds

The State of Illinois still owes income tax refunds to many businesses, but the backlog declined in the fiscal year ended June 30, 2011 and is expected to dip further this year. According to the Illinois Department of Revenue, 4,569…