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About Jack Fitzgerald

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So far Jack Fitzgerald has created 94 blog entries.

2015 Cook County Multiplier set at 2.6685

SPRINGFIELD, IL, – Cook County has been issued a final property assessment equalization factor of 2.6685, according to Constance Beard, Director of the Illinois Department of Revenue.

The property assessment equalization factor, often called the “multiplier”, is the method used to achieve uniform property assessments among counties, as required by law. This equalization is particularly […]

Illinois House Votes to Freeze Property Taxes

Read about it here

Illinois has the highest effective tax rate.

2016’s States with the Highest & Lowest Tax Rates
by John S Kieran

Tax season can be stressful for many Americans, especially those who still owe money to Uncle Sam at the end of it. Every year, the average U.S. household pays more than $5,700 in federal income taxes, according to the Bureau of Labor Statistics. And […]

Illinois’ Crushing Property Tax

Commentary: Illinois property taxes are crushing 
Austin Berg
Ten years ago, Bonita Hatchett built her dream home in Flossmoor. A lawyer by trade, she moved to the south Chicago suburb to join a diverse community that included black professionals like herself.

But Hatchett is now planning to leave it all behind. The culprit? Property taxes.

“You’re told all your […]

The Property Tax described as “A Good Tax” ?

The Property Tax described as “A Good Tax” ?
March 31, 2016 by RealEstateRama
CAMBRIDGE, Mass. – March 31, 2016 – (RealEstateRama) — The property tax, a mainstay of local government, is the subject of continual controversy, with numerous ballot measure to place caps on it, or even in some cases proposals to eliminate it completely. But […]

Online Assessment Appeals

Is An Online Property Assessment Appeal in Your Future?

By Michael Brady and Richard L. Sanderson

The statements made or opinions express by the authors do not necessarily represent a policy position or views of the International Association of Assessing Officers, or those of the author’s employers.

What are Online Property Assessment Appeal Systems?

Local property assessment appeals are […]

Incentive Tax Grab

The Cook County Board is considering a proposal to take 5% of the tax incentives away and use the money for youth employment.
Board of Commissioners New Items Agenda March 23, 2016
Sponsored by: RICHARD R. BOYKIN, BRIDGET GAINER and LARRY SUFFREDIN, County Commissioners

Delinquent taxes in Cook County reach a 4-year high


If its price tag of nearly $3.5 million isn’t standing in the way of you buying a handsome Tudor mansion in River Forest, there’s another stumbling block:

The house comes with a delinquent property tax bill for almost $96,000 that must be paid before a sale can go through.

The five-bedroom mansion at 1105 Park Ave. is […]

Bed and Breakfast Classification Guideline

The following is a new guideline issued by the Cook County Assessor

Effective March 22, 2016

The plan for Tax Year 2016 and going forward creates a new minor class, within Class 2 properties, for bed-and-breakfasts. It will be designated, “2-97.” Each 2-97 property will remain eligible for the Homeowner Exemption if the homeowner lives in the […]

Illinois property tax is high, why and what can be done.

Illinois residents pay some of the most expensive local tax rates in the United States, including property taxes, the primary source of local government revenue. The reason why property taxes are so high is the multitude of governmental agencies (6,963 local units), coupled with unfunded tax mandates.

The Illinois State Task Force on Local Government Consolidation […]