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 […]
Category: Property Tax
Highly Critical Study Calls Out Cook County Property Assessments
February 19, 2018
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 […]
Governor Rauner Issues Executive Order Precluding State Legislators from Practicing Before Property Tax Appeal Board
January 22, 2018
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 […]
Illinois Courts are currently examining several different aspects of property tax exemptions, all of which impact the revenues of school districts and other units of local government. Most notably, the Illinois Supreme Court has agreed to hear a challenge to […]
A recent article in Education Week has caught the attention of many local educators. The article, available here, discusses a national trend in property tax assessment appeals that can have devastating effects on school district budgets. The issue is a recent […]
The Illinois Appellate Court recently reversed a decision of the Illinois Property Tax Appeal Board (PTAB) involving the taxation of a mobile home in Jones v. State Property Tax Appeal Board. While the opinion addresses a very rare circumstance, it is […]
2016 Cook County Property Tax Assessment Trends
July 11, 2017
For the past eight years, Franczek P.C. has tracked property tax assessment data obtained from the Cook County Assessor’s Office. Our data set begins in the tax year 2009 when the classification ordinance was amended to reduce the assessment levels […]
Today the Chicago Tribune published a three-part series of investigative reporting on the Cook County property tax system and the appeals process entitled “The Tax Divide”. Tribune reporters are examining 1) how the tax burden is allocated between more and less affluent […]