The District 153 school board expects to sell $11 million in life safety bonds in the next year to cover expenses for building repairs. A new roof and HVAC components at James Hart School are expected to cost $9.45 million. The work will be done in summer 2026. The board[Read More…]
Tag: property tax relief
Assessor touts bill that could help property owners hit by tax spikes
Cook County Assessor Fritz Kaegi announced on Thursday, Feb. 13, that a bill has been introduced in the Illinois legislature that could provide some relief for property owners who are struggling to pay sharply higher tax bills. The Circuit Breaker Property Tax Relief Act was filed in the Illinois Senate[Read More…]
Gov. Pritzker signs bill to create Property Tax Relief Task Force
With the goal of convening lawmakers to discuss their policy ideas to reduce local reliance on property taxes, Gov. JB Pritzker signed a new law on Friday, Aug. 2, creating the Property Tax Relief Task Force. “This bipartisan, bicameral property tax task force will review the entirety of our property tax[Read More…]
Property tax relief request returns to Homewood trustees agenda
A request for Class 8 property tax relief will be back on the Homewood Board of Trustees agenda Tuesday after being deferred at the board’s previous meeting. The request for a Class 8 designation renewal by Zainab Inc., owner of the gas station and business strip at 17945 Halsted St. was[Read More…]
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