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Chicago Property Taxes

The TIF Illumination Project at Two Years

Tom Tresser | Posted 05.27.2015 | Chicago
Tom Tresser

A Tax Increment Finance district is created by the City's Department of Planning and Development. It is a tool to capture property taxes from all properties inside the district.

Rahm Proposes Several Tax Hikes To Battle City's Budget Deficit

Posted 10.23.2013 | Chicago

Chicago Mayor Rahm Emanuel on Wednesday presented his 2014 city budget, a proposal that relies on lofty revenue projections from the newly-installed s...

Cook County Property Owners May Now Appeal Assessments Online

Posted 11.07.2011 | Chicago

Chicago homeowners looking to challenge their property's assessed value can now save a trip downtown by filing their appeals online, via a new system ...

Should Property Taxes Go Up To Help Fund Schools? Aldermen Debate

Posted 10.09.2011 | Chicago

When Rahm Emanuel replaced Richard Daley as mayor of Chicago, and an unprecedented number of new aldermen were elected to the City Council, many predi...

BEYOND BROKE: CPS Could Levy Big Property Tax Hike

Posted 08.31.2011 | Chicago

It's no secret: the Chicago Public Schools, like nearly every other governmental agency in the state of Illinois, is in a deep, deep hole. In fact,...

Elderly Couple Endures A Knock-Down Fight With Chicago Bureaucracy

BGA Investigators' Notebook | Posted 06.25.2011 | Chicago

For Tom and Veronica Bullock, this year's blizzard brought more than an avalanche of snow. The retired South Side Chicago couple was also hit by an ar...

Paul Ryan in Your Pockets: Government by People Who Hate You

Dean Baker | Posted 06.11.2011 | Business
Dean Baker

There is nothing at all serious about Paul Ryan's budget proposal. It is naked attempt to redistribute yet more money to the country's rich at the expense of everyone else.

PHOTOS: Where To Find The Highest Property Taxes In Chicago

Posted 05.25.2011 | Chicago

One of the few reliable sources of income for our otherwise cash-strapped city is property taxes. Whether you're looking to move to a new neighborhood...

Alderman Mary Ann Smith Gets Historic Tax Break

Chicago Sun-Times | Posted 05.25.2011 | Chicago

Ald. Mary Ann Smith's 1912 craftsman-style bungalow sits on a spacious, leafy corner lot in Edgewater. It's an enviable piece of real estate. Her p...

Daley Won't Raise Property Taxes, Won't Plant Trees, Either

Chicago Sun-Times | Posted 05.25.2011 | Chicago

Mayor Daley said today he would hold the line on property taxes in 2011 and declare a one-year moratorium on some beautification projects -- including...

Cook County Property Tax Deadline Looms

Daily Herald | Ted Cox | Posted 05.25.2011 | Chicago

Cook County property owners must pay their second-installment tax bills by the end of the day Tuesday....

Daley Dips Into Parking Meter Funds To Offer Property Tax Grants

Chicago Sun-Times | FRAN SPIELMAN | Posted 05.25.2011 | Chicago

Chicago homeowners squeezed by rising property tax bills could be in line for cash grants of up to $200 thanks to $35 million worth of property tax re...

Property Taxes Jump 9.6 Percent

Chicago Sun-Times | TIM NOVAK | Posted 05.25.2011 | Chicago

Many Chicago homeowners will see their property taxes rise sharply in the tax bills going out this week....

Daley Property Tax 'Gimmick' Clears Finance Committee

Chicago Sun-Times | KARA SPAK | Posted 05.25.2011 | Chicago

Mayor Daley's proposal to tap $35 million of Chicago's parking meter reserve funds to provide modest property tax relief for some city homeowners pass...

Schaumburg Imposes First Property Tax

Chicago Breaking News | December 23, 2009 10:48 AM | Posted 05.25.2011 | Chicago

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 h...

Daley Blames Houlihan For Rising Property Tax

Chicago Tribune | Bob Secter and Hal Dardick | Posted 05.25.2011 | Chicago

Mayor Richard Daley on Tuesday tried to offer up a scapegoat for the puzzle of why property tax bills are soaring as home values are plummeting: Cook ...

Property Taxes: Winners And Losers

CBS 2 | Vince Gerasole | Posted 05.25.2011 | Chicago

It's a taxing weekend for Cook County home owners. In tough economic times, many are coping with confusing double digit property tax increases....

Daley's Fast Talk On Tax Hike

NBC Chicago | Steve Rhodes | Posted 05.25.2011 | Chicago

Mayor Daley has learned a new word, and he can't stop using it. The term: abatement. Apparently he finds this noun more pleasing than the two words i...

Daley: Appeal Your Property Taxes, System 'Broken'

CBS 2 | Posted 05.25.2011 | Chicago

Mayor Richard M. Daley is calling the Cook County property tax system "broken" and wants citizens of Chicago to protest their property tax bills....

13 Questions For Which I Expect No Answers

Ted Goeglein | Posted 05.25.2011 | Chicago
Ted Goeglein

If the Cubs win the World Series this year, thus halting and reversing the space-time continuum, do we have to pay Mayor Daley's latest property tax increase?

All I Want for Christmas Is a Modernized Cook County Government

Mike Quigley | Posted 05.25.2011 | Chicago
Mike Quigley

Short of absolute dictatorships, my staff and I couldn't find an example of a more powerful veto anywhere in the world. Why does the president of the Cook County Board have this much power?

Daley Endorses Tax Plan He Once Dismissed

Chicago Tribune | Hal Dardick | Posted 05.25.2011 | Chicago

Mayor Richard Daley said today that the state should expand a state program that provides property tax relief to disabled, low-income, elderly residen...

County Commissioners Want Fund For Low-Income Homeowners

Chicago Sun-Times | Mark J. Konkol | Posted 05.25.2011 | Chicago

A band of Cook County Commissioners plan to introduce a proposal to create a so-called "circuit-breaker" fund that would give relief to low-income hom...

TIF Districts Costing City Over $550M: Study

Chicago Reader | Ben Joravsky | Posted 05.25.2011 | Chicago

Cook County Clerk David Orr's annual TIF report is due out tomorrow, and the news is all bleak. On the one hand, the city's tax increment financing d...

Daley Rips Property Tax Plan

Chicago Sun-Times | Fran Spielman | Posted 05.25.2011 | Chicago

Mayor Daley today denounced as a "political stunt" Assessor Jim Houlihan's plan to siphon money away from Chicago's tax-increment-financing (TIF) dist...