On Wednesday, October 7th at noon join Franczek attorneys Ares Dalianis, Michael Hernandez, and John Anders for a discussion of recent procedural changes at the PTAB and how they will affect the process for intervention and the rights of taxing […]
Takeaway: A federal court has held Cook County liable for knowingly operating an unconstitutional tax sale system that strips homeowners of equity without compensation, a ruling that will drive reforms to Illinois property tax laws and may affect tax revenues […]
Two reports issued in the past week illuminate the explosive growth in the use of tax increment financing (TIF) districts throughout Illinois and how those TIF districts are affecting the property tax burden for local taxpayers. Last week the Civic […]
In a recent decision, the Illinois Appellate Court found in favor of the Village of Winfield (the “Village”) when two local school districts challenged the Village’s formation of a tax increment financing (“TIF”) district. The School Districts argued that the […]
Late last year a federal judge ruled that the tax sale system used by Cook County is unconstitutional, violating both the Fifth Amendment and Eighth Amendment. Cook County conducts an annual sale for properties with delinquent or unpaid property taxes, […]
Yesterday the Illinois Department of Revenue released the final 2024 Cook County equalization factor. The factor (sometimes referred to as the multiplier) for 2024 is 3.0355. The tentative factor released earlier this month was 2.8487. The press release from the […]
We are delighted and proud to inform you that the Illinois Institute of Continuing Legal Education (IICLE) has just released an updated edition of a property tax publication by Franczek partners Ares Dalianis and Scott Metcalf in its 2024 Edition […]
On May 23, 2024, the Illinois Supreme Court issued a highly anticipated ruling on whether a taxpayer is required to pay its property tax bill before pursuing an appeal at the Property Tax Appeal Board (PTAB). In Shawnee Community Unit […]
