District 233 school board members got a financial projection Tuesday, Oct. 21, that will help them make tough decisions for Homewood-Flossmoor High School as state support declines and the district’s reserve fund drops. In presenting his report, financial consultant Bob Grossi told the board, “The next 10 years are going[Read More…]
Tag: property taxes
Column: When it comes to voting on property tax referendums, the few decide for the many
If you’ve ever voted, you’ve probably seen one. It’s a referendum, a ballot measure that can affect your property taxes. Simply put, referendums are direct votes where the electorate has the chance to weigh in on a particular issue such as a proposed law, a tax increase, a bond issuance[Read More…]
Kaegi, Davis address south suburban property tax woes
Homewood Mayor Rich Hofeld set the stage for a town hall meeting at the Homewood Auditorium on Saturday, July 20, with an observation that proved to be shared by many of the more than 200 area residents in attendance. “Like many of you, my home’s assessed value rose 52% and[Read More…]
Treasurer: Analysis shows record-high property tax increases for south suburban homeowners
Homeowners in many south and southwest suburbs will have to pay a lot more in property taxes as the median tax bill jumped a record 19.9% in the region, according to an analysis released today by Cook County Treasurer Maria Pappas. The biggest increases in homeowners’ tax bills occurred in[Read More…]
D161’s 2021 tax levy shows 1.5% increase, with two abatements keeping numbers down
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…]
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…]
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