Real estate taxes for District 233 property owners have been reduced by $12.13 million over the last four years thanks to the school board’s efforts at property tax relief. Bloom Township School Treasurer Bob Grossi said while school districts are required to abate taxes under the rules of the Property[Read More…]
Tag: real estate taxes
Senior property tax exemption applications due Feb. 7
Senior citizens have until Feb. 7 to file their annual renewal for the Senior and Senior Freeze Exemptions on their 2017 property taxes. The Senior Exemption application is part of a booklet sent to eligible seniors. The booklet also contains the separate, income-based Senior Freeze Exemption application. To qualify for[Read More…]
H-F home values rebounding from recession, county assessment shows
Property assessments, calculated every three years for tax purposes, are on the rise in the Homewood-Flossmoor area. For some residents, higher property assessments may be a reason to grumble. After all, an increased assessment might point toward higher property taxes. But government officials, on both the county and local level,[Read More…]
Homewood schools set tax levy at $14.4 million
Homewood School District 153 approved its 2017 tax levy of $14.4 million at the Dec. 11 board of education meeting. The district expects to collect an additional $400,000 over last year’s receipts. It is holding the increase within the required tax cap limitations. The amount stays within the 2.1 percent[Read More…]
