After a number of twists and turns in the face of multiple options on how to approach its 2021 tax levy, the Flossmoor School District 161 board of education gave its final nod of approval to a 1.5% increase over last year’s tax extension. The school board voted unanimously Monday,[Read More…]
Tag: property taxes
Cook County assessor says South Suburban reassessment continues
The Cook County Assessor’s Office announced updated information about its plans to reassess the southern and western suburbs of Cook County. Cook County is reassessed triennially, which means one-third of the properties in the county are reassessed each year. In 2020, the south and west townships of Chicago are scheduled[Read More…]
Properties in the South Suburbs being reassessed this year
This is the year properties in the South Suburbs will be reassessed and Cook County Assessor Fritz Kaegi promises a fair examination of both residential and commercial properties. “The key thing to remember is every community is different. We know south suburban conditions can be very different from north suburbs.[Read More…]
Grant could help reduce H-F taxes for property owners
District 233 has applied for a $1.8 million Property Tax Relief Program state grant to give tax relief to Homewood-Flossmoor High School taxpayers.
Unanimous consent for District 233 levy
The District 233 school board unanimously approved the 2019 levy at the Dec. 17 board meeting. The district is requesting the Cook County Clerk’s Office to raise $39.8 million in property taxes for Homewood-Flossmoor High School. Members Annette Bannon and Beth Larocca have voted against levies in the[Read More…]
Assessor holds Oct. 1 meeting to discuss property tax reform
Cook County Assessor Fritz Kaegi will speak at an Oct. 1 town hall-style meeting to discuss property tax reform and a proposal in Springfield that will bring more fairness to the property tax system. The program from 6 to 7:30 p.m. will be at South Suburban College, 15800 State St.[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…]
Tax levy essential, but not always an easy decision for board members
Several local school board members have voted against district levies in recent years. Education editor Marilyn Thomas explores the issue, looking at what the levy is and what the rationales are for voting for or against this routine matter of school governance.
Property tax relief tied to state grant
The Illinois State Board of Education has announced that Homewood-Flossmoor High School District 233 is of 28 districts that will share a $50 million grant to help reduce local property taxes. The district expects to receive $1.96 million, which it must use to provide property tax relief.
Flossmoor School Board revisits concerns on tax levy, class size
Flossmoor District 161 school board members Monday began deliberations on whether to approve a 2.1 percent increase in the property tax levy that will fund next year’s budget. Board members asked Associate Superintendent Frances LaBella to bring back estimated levy figures based on a flat rate and one that rises[Read More…]
