Flossmoor School District 161 officials plan to transfer millions of dollars between district funds to cover upcoming construction expenses and ensure the transportation fund maintains sufficient cash flow as Cook County property tax revenues continue to lag. During a June 15 board discussion, Associate Superintendent of Business Operations Frances LaBella[Read More…]
Tag: Cook County taxes
Pappas study calls for halt to runaway property taxes
Cook County property taxes have grown at twice the rate of inflation over the past three decades, forcing home and business owners to turn over an ever-greater percentage of their annual earnings to local governments, according to a study released Monday by Treasurer Maria Pappas. During those 30 years, property[Read More…]
Cook County property tax bills mailed on time, due April 1
Cook County officials announced Monday, March 2, that first-installment 2025 property tax bills have all been mailed by the treasurer’s office on schedule. The bills are also available online, and are due April 1. Cook County’s property tax system is among the largest and most complex in the nation. It[Read More…]
District 233 reserve fund covers costs when taxes are late
A reserve fund helped Homewood-Flossmoor High School District 233 weather the storm when Cook County was late in mailing out tax bills this year. The Cook County Clerk was expected to mail tax bills for the second installment payable in August, but the process of switching over its computer systems[Read More…]
County assessor calls for measures to protect homeowners from tax spikes
As Chicago homeowners receive property tax bills showing the largest increases in decades, Cook County Assessor Fritz Kaegi is calling for reforms to protect homeowners and raising alarms about the unfairness of a property tax system that forces reductions in downtown commercial properties to be shouldered by Black and Latino[Read More…]
Column: Third-party notices tell you if a relative or anyone you know misses a tax payment
Each year thousands of property owners in Cook County are late paying their taxes, putting their homes in danger of being included in the annual state-mandated tax sale. That’s a problem we want to help you avoid. Since 2005 my office has allowed you to sign up a relative[Read More…]
Column: Mortgage companies might pay your taxes — but you still need to watch
By Maria Pappas, Cook County Treasurer Every year, my office mails more than 1.8 million tax bills to property owners across Cook County. If you have a mortgage, your lender may collect money from you each month and put it in an escrow account to pay your bill. But don’t[Read More…]
Cook County extends deadline and expands eligibility for $15M homeowner relief fund
County officials announced Oct. 10 that the Cook County Homeowner Relief Fund has expanded its eligibility requirements and extended its deadline to Oct. 31. The $15 million program will assist homeowners who have experienced a substantial increase in property taxes in recent years. Selected recipients will receive $1,000 in one-time assistance. To[Read More…]
Cook County launches $15 million Homeowner Relief Fund to address rising property taxes
Homeowners have until Friday, Oct. 10, to apply for the Cook County Homeowner Relief Fund, a $15 million program that will assist homeowners who have experienced a substantial increase in property taxes in recent years. Selected recipients will receive $1,000 in one-time assistance. Applications are due by 11:59 p.m. on Oct. 10.[Read More…]
Column: Don’t pay for what you can get for free: How to claim your property tax refunds
Every year, many Cook County homeowners are bombarded with letters, emails and phone calls from vendors offering to help secure property tax refunds — for a fee. But here’s the truth: You don’t need to pay anyone to get money that’s already yours. My office has $122 million in potential[Read More…]
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