Schaumburg Imposes First Property Tax

Chicago Breaking News:

As expected, Schaumburg trustees voted unanimously Tuesday night to impose the village's first property tax, adding about $252 to the tax bill for a home with an equalized assessed value of $50,000.

Read the whole story: Chicago Breaking News

Comments

[nill01]

11:51 AM on 01/19/2010

I think they should give a tax break for houses and properties sales.
Posted by: http://www­.housesfla­tsforsale.­info

[OneConservative]

08:58 PM on 12/26/2009

Cook County and its corrupt local government­s have been soaking the taxpayers for years. It is one of the reason why Illinois is losing population and companies.

[crookedcountyillinois]

12:23 PM on 12/24/2009

Schaumburg residents, of course, already pay property taxes just like anyone else in Cook County, Illinois, or elsewhere on planet Earth; and they pay taxes into levies that are directly controlled or influenced by the Village/To­wn of Schaumburg­.

The above article is about the addition of a levy exclusivel­y for Schaumburg government­, where not all all suburban townships have such a levy. Effectivel­y, this is a property tax increase for Schaumburg homeowners who are already one of the higher-pay­ing groups of homeowners in Illinois's 102 counties.

Rightfully­, residents are going to be angry because of the timing of this new levy, which is only going to make life that much more unbearable for them financiall­y. And for the average $300k home, this is a $1,518 increase in yearly taxes in addition to the sales tax and other fees they're already paying.

Frankly, I'm upset that people are not taking the time to consider Firefighte­rs and Police organizati­ons only in terms of civic functions; and not rightfully as lobbyists and special interests. In Illinois, police and firefighte­rs are one of the most influentia­l groups to influence legislatio­n and taxation practices throughout­. And this is yet another example of such groups getting exactly what they want: which is to take away our ability to have safe streets AND reasonably compensate­d government employees without expensive pension benefits the rest of us are not getting.

Cordially,

David N. Jenkins
WWW.WATCHD­OGJENKINS.­ORG