The Illinois Department of Revenue has released the final 2019 Cook County equalization factor. The factor (sometimes referred to as the multiplier) for 2019 is 2.9160. The press release from the Department of Revenue is available here. Cook County equalization […]
Category: Property Tax
Earlier today the Cook County Board of Commissioners approved an ordinance declaring that no interest will accrue on the second installment of 2019 taxes, due on August 3, 2020, provided the taxes are paid on or before October 1, 2020. […]
Yesterday Cook County Board President Toni Preckwinkle announced that the County Board of Commissioners will be considering an ordinance at their May 21st meeting to waive penalty interest for 60 days following the August 2nd due date for the second […]
Several County governments have taken steps to move the due dates for property tax payments or have eliminated the penalty provisions for taxpayers who do not pay taxes on time. To date, we are aware of four counties that have […]
On Friday, The Chicago Sun-Times reported that Cook County Assessor Fritz Kaegi is moving to send notices to all property owners in Cook County regarding the effect of the coronavirus on property owners. Reassessment notices will still be sent to all property […]
PTAB Extends Certain Evidence Filing Deadlines in Response to COVID-19; Timelines to File Appeals and Intervene Remain
March 24, 2020
Today the Illinois Property Tax Appeal Board (PTAB) issued guidance to practitioners on filing dates and deadlines in light of the unprecedented changes occasioned by coronavirus disease 2019 (COVID-19). The guidance postpones hearings and extends certain evidence filing deadlines, but […]
School Districts File Amicus Curiae Brief in Landmark Federal Property Tax Lawsuit
February 24, 2020
Last week, nine Cook County school districts and Calumet City filed an amicus curiae (“friend of the court”) brief in the Seventh Circuit Court of Appeals in support of rehearing in the case A.F. Moore & Associates Inc. v. Pappas. […]
A large and growing source of property tax refunds in Cook County are generated when a Court reverses or vacates the sale of delinquent taxes. A recent Appellate Court decision provides a good overview of the tax sale process and […]