Property tax

The Illinois attorney general's office is looking at a Chicago mayoral candidate's charitable foundation after he's handed out more than $300,000 in cash and checks to local residents.

A proposal could give more Illinois voters a chance to lower their property taxes.

Gov. Bruce Rauner is seeking "common ground" with Republicans on divisive issues after barely surviving an insurgent challenge in Tuesday's election.

The Chicago City Council has overwhelmingly approved Mayor Rahm Emanuel's budget for 2018.

The Democratic candidates for Illinois governor are increasingly getting asked what they think of their own party’s leader, House Speaker Michael Madigan.

Gov. Rauner Courts Japanese Investors

Sep 12, 2017

 

Illinois Governor Bruce Rauner is in Japan to promote the state’s universities and transportation infrastructure in hopes of attracting businesses.

Democrat Chris Kennedy Talks Taxes

Jun 7, 2017

The Democratic candidate for governor criticized politicians who hold elected office while also working as property tax lawyers.

Kennedy Says Property Tax System Is Root Of Problems

May 30, 2017
Facebook/Kennedy of Illinois

Illinois governor candidate Chris Kennedy says the state’s property tax system is rigged to benefit the politically powerful.  But the Democrat is not naming names. Kennedy says the property tax system is at the root of problems like gun violence and education funding. 

Illinois Governor Bruce Rauner is again saying today he needs a property tax freeze to end the budget impasse.  His comments came as Rauner and House Democrats can’t even agree to meet in private.  There are five days left before state lawmakers are supposed to adjourn for the year.  And Rauner is criticizing the Senate Democrats for not yet agreeing to a property tax freeze even though they’ve at least been meeting with Republicans to negotiate.

Paul Bailey / Flickr/Creative Commons

SPRINGFIELD, Ill. (AP) - Suburban Chicago mayors are stepping into the statewide debate over freezing local property taxes.

Prospects For Budget Deal Still Dim

Dec 2, 2016

Illinois residents are once again facing the prospect of having their elected leaders not agree on a state budget. Illinois Public Radio's Tony Arnold reports.

After a full year without a budget - it looks like the state is heading in that direction again.

 

Governor Bruce Rauner is demanding term limits and a property tax freeze BEFORE a budget.

 

The Illinois House has approved a property-tax freeze - one of the key points on Republican Gov. Bruce Rauner's agenda. 

An Illinois appeals court decision is reopening a statewide dispute over whether hospitals should be exempt from paying property taxes worth millions of dollars to local governments.

Cass Herrington / Peoria Public Radio

Homeowners will see a spike in their property taxes, if the Peoria School District 150 board approves a tax levy next week.

The board approved several measures during a special meeting Monday night in preparation for Senate Bill 318. The bill would freeze how much how much school districts and other governing bodies can levy for two years.

The bulk of District 150’s local revenue relies on the real estate market. Interim Chief Financial Officer Erik Bush says with the anticipated growth of the housing market, the tax levy is linked to increasing property values.

The Peoria City Council wants to explore ways to put more money toward road maintenance.

Chicago's City Council has approved a budget that includes a massive property tax hike and other fees to help close a shortfall and address the city's underfunded pension system.  Chicago has the worst-funded pension system of any major American city.

Illinois legislators took a weekend break, even though there are major issues unresolved heading toward their May 31st adjournment.  

Legislation that Democrats say would freeze the amount of property taxes collected won support on the Illinois House floor. 

Peoria County property tax bills coming

Apr 17, 2015

Roughly 82,300 Peoria County Real Estate Tax bills are being mailed by April 23. The first installment due date is June 9 and the second installment due date is September 9. Payments need to be postmarked by their respective due dates to avoid penalties. If a tax bill is not received by May 15, the Treasurer’s Office recommends requesting a duplicate bill. Failure to receive a real estate tax bill, or receiving it late for any reason, does not relieve the taxpayer of accruing penalties if taxes are not paid before delinquent dates.

Even though your property taxes pay for local services, not state ones, they've become an issue in Illinois' race for governor.