At a meeting of the City Club of Chicago today, Cook County Assessor Fritz Kaegi presented his plans to modernize the Assessor’s office. Kaegi announced that the first area of Cook County he will reassess is the north and northwest […]
Today, the Illinois Supreme Court issued a decision in Oswald v. Hamer marking the latest chapter in a controversy dating to 2003. The decision finds that Section 15-86 of the Illinois Property Tax Code, which provides a special charitable property tax exemption […]
Last week a lawsuit was filed in the U.S. District Court for the Northern District of Illinois by a group of seven Cook County taxpayers challenging the time it has taken to adjudicate their claims in the Cook County Circuit […]
Recently, an Illinois Court of Appeals issued a decision mandating disclosure of assessment records from the Cook County Assessor’s Office to the Chicago Tribune under the Illinois Freedom of Information Act (“FOIA”). In this case, Chicago Tribune Company v. Cook County Assessor’s Office, […]
The Illinois Department of Revenue has released the final 2017 Cook County equalization factor. The multiplier for 2017 is 2.9627. The press release from the Department of Revenue is available here. As the following chart demonstrates, the final Cook County equalization factors have […]
Today, the Illinois Supreme Court heard oral argument in Oswald v. Beard, a case challenging the constitutionality of the statute exempting most hospitals from paying anyproperty taxes. This is the latest episode in the long-running legal and political battle over hospital […]
Last Friday, the Civic Consulting Alliance (CCA) released a study that calls into question the fairness of the property tax assessment system for Cook County for residential properties. The study, commissioned last July by Cook County Board President Toni Preckwinkle […]
This past Friday, Governor Bruce Rauner issued Executive Order 2018—01 entitled “Executive Order to Eliminate Impermissible Conflicts of Interest at the Property Tax Appeal Board”. The Order states that the PTAB “shall allow no State legislator to participate in any […]
