Franczek P.C. is pleased to announce that partner Jennifer Dunn has been recognized as a Notable Leader in Employment and Labor Law by Crain’s Chicago Business. Crain’s is honoring 40 Employment and Labor attorneys for their demonstrated legal skills; dedication to their clients; and […]
Last month, in the case Carle Foundation v. Dept. of Revenue, the Fourth District Court of Appeals issued its latest decision regarding hospital property tax exemptions. The Court upheld a trial court judgment awarding the Carle Foundation Hospital system charitable […]
Today the Illinois Department of Revenue released the 2022 Cook County equalization factor. The 2022 factor (sometimes referred to as the multiplier) is 2.9237. The tentative factor released in June was 2.7230, so the final factor is 7% higher than […]
On Tuesday, the Illinois Department of Revenue released the final 2021 Cook County equalization factor. The factor (sometimes referred to as the multiplier) for 2021 is 3.0027. The tentative factor released in June was 2.7297 so the final factor represents […]
On Monday Governor Pritzker signed into law Public Act 102-0895 (Senate Bill 1975) creating Section 18-190.7 of the Property Tax Code, which modifies how certain school districts and other units of local government can approve a levy below the maximum […]
Franczek partner Scott Metcalf was invited by Crain’s Chicago Business to submit an editorial for its May 2, 2022, Property Tax Reform forum. The piece, which is available in the print edition and to subscribers online, addresses the differences in […]
On Friday Governor Pritzker signed into law Public Act 102-0519 (Senate Bill 508) creating Section 18-233 of the Property Tax Code, which implements an automatic levy increase to be applied by county tax extension officials each year in the amount […]
Yesterday the Illinois Department of Revenue released the final 2020 Cook County equalization factor. The factor (sometimes referred to as the multiplier) for 2020 is 3.2234. The final factor in 2019 was 2.9160, which means the 2020 factor has increased […]
