Last Friday the Illinois Department of Revenue released the final 2016 Cook County equalization factor, which will be used to calculate the second installment property tax bills that are anticipated to be due in August 2017. The multiplier for the […]
Category: Property Tax
The Illinois Supreme Court has issued an opinion in Carle Foundation v. Cunningham Township, the case involving the constitutionality of the statute granting hospitals a special property tax exemption. In remanding this case back to the circuit court, Illinois’ highest court declined […]
The Latest on Property Tax Exemptions for Illinois Hospitals
January 27, 2017
Recently, there have been several noteworthy developments in the controversy surrounding property tax exemptions for Illinois hospitals. For the past decade, we’ve been providing updates as this issue progressed through the courts, executive branch, state legislature, and local assessing officials. […]
At the end of 2016, the Illinois appellate court reversed and remanded a PTAB decision that excluded one party’s evidence because the appraiser who authored the appraisal died prior to the hearing. The case at issue, 1411 North State Condominium v. […]