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Cook County School Districts Subject to Township Trustees of Schools are Required to Take Swift Action to Appoint Board Member

Legislation passed earlier this month requires some school boards in Cook County to act swiftly in a changing landscape related to school treasurers. At issue are “township trustees of schools” offices and their treasurers –...more

Illinois Dept. of Revenue Releases Final 2021 Cook County Equalization Factor

On Tuesday, the Illinois Department of Revenue released the final 2021 Cook County equalization factor.  The factor (sometimes referred to as the multiplier) for 2021 is 3.0027.  The tentative factor released in June was...more

Governor signs Bill Amending PTELL and School Code on Several School Finance Provisions

On Monday Governor Pritzker signed into law Public Act 102-0895 (Senate Bill 1975) creating Section 18-190.7 of the Property Tax Code, which modifies how certain school districts and other units of local government can...more

September 30th Deadline for Submitting TIF District Student Reimbursement Claims Approaching

September 30th is the final date for school districts to submit a claim for reimbursement to their local municipalities for students residing in local tax increment financing (TIF) districts.  Under the Tax Increment...more

Governor signs Refund Recapture Bill into Law

On Friday Governor Pritzker signed into law Public Act 102-0519 (Senate Bill 508) creating Section 18-233 of the Property Tax Code, which implements an automatic levy increase to be applied by county tax extension officials...more

Illinois Dept. of Revenue Releases Final 2020 Cook County Equalization Factor

Yesterday the Illinois Department of Revenue released the final 2020 Cook County equalization factor.  The factor (sometimes referred to as the multiplier) for 2020 is 3.2234.  The final factor in 2019 was 2.9160, which means...more

Illinois General Assembly Approves Refund Recapture Levy for Certain Property Tax Refunds

Yesterday  the Illinois General Assembly passed Senate Bill 508 (SB 508).    SB 508 creates a new Section 18-233 in the Property Tax Code amending the Property Tax Extension Limitation Law (PTELL) to allow taxing districts to...more

Cook County to Activate 2011 to 2014 Tax Rate Objections and Send Notices to Taxing Agencies Electronically

In the next few weeks, Cook County school districts and other taxing agencies will be receiving notices from the State’s Attorney’s Office that the tax rate objection complaints for the 2011 to 2014 tax years are being...more

Illinois Department of Revenue Releases Tentative 2020 Cook County Equalization Factor

The Illinois Department of Revenue recently released the tentative 2020 Cook County equalization factor, also known as the multiplier. The preliminary factor is 3.0861....more

Illinois Appellate Court Upholds PTAB Decision Involving Farm Property Appraisal

The Illinois Appellate Court recently upheld a decision of the Illinois Property Tax Appeal Board (PTAB) involving the assessed value of a farm property owned by Edward Sims Jr. Trust (Trust) in Edward Sims Jr. Trust v. Henry...more

Recent Court Decisions on Assessments Highlight Lesser Known Property Tax Provisions

The Illinois Appellate Court recently issued two decisions involving property tax assessments, each being noteworthy for a different reason. One is noteworthy because it focuses on the longstanding legal principle that a...more

Record Bankruptcies Potentially Impact Local Property Tax Revenues

The impact of the pandemic on the tax bases of local governments is slowly becoming clearer as the number of retailers filing for bankruptcy protection grows. ...more

Judge Dismisses Lawsuit Challenging School District’s Authority to Require Face Coverings and Temperature Checks

Yesterday Judge Roger Thomson of the Eighth Judicial Circuit dismissed a lawsuit against the Quincy Public Schools seeking to overturn the District’s directive that students wear face coverings and submit to daily temperature...more

Illinois Appellate Court Defeats TIF District for Lack of Parcel Contiguity and City’s ‘Casual Approach’ to Procedural Obligations

Last Friday the Illinois Appellate Court for the Third District shot down a tax increment financing (TIF) district created by the City of Crest Hill finding that the parcels within the proposed TIF area were not contiguous...more

General Assembly Approves Legislation Allowing All Counties Except Cook County to Waive Interest Penalties for Late Property Tax...

Last week, the General Assembly adopted legislation that attempts to clarify the power of county boards to waive all or a portion of the interest penalty of 1.5% per month that is normally applied to late property tax...more

Illinois Dept. of Revenue Releases Final 2019 Cook County Equalization Factor

The Illinois Department of Revenue has released the final 2019 Cook County equalization factor.  The factor (sometimes referred to as the multiplier) for 2019 is 2.9160. The press release from the Department of Revenue is...more

Cook County Board Approves Two Month Interest Deferral on August Property Tax Bill

Earlier today the Cook County Board of Commissioners approved an ordinance declaring that no interest will accrue on the second installment of 2019 taxes, due on August 3, 2020, provided the taxes are paid on or before...more

Cook County Board to Consider Sixty Day Break on August Tax Bill

This week Cook County Board President Toni Preckwinkle announced that the County Board of Commissioners will be considering an ordinance at their May 21st meeting to waive penalty interest for 60 days following the August 2nd...more

Several Counties Change Property Tax Due Dates or Waive Interest on Late Payments

Several County governments have taken steps to move the due dates for property tax payments or have eliminated the penalty provisions for taxpayers who do not pay taxes on time.  To date, we are aware of four counties that...more

Cook County Board of Review Now Sending Notice of PTAB Appeals by Electronic Mail

In yet another change brought about by COVID-19, the Cook County Board of Review is now providing notice of new Property Tax Appeal Board (PTAB) appeals by electronic mail. ...more

Cook County Assessor Effectively Reassessing Entire County Due to Coronavirus

On Friday, The Chicago Sun-Times reported that Cook County Assessor Fritz Kaegi is moving to send notices to all property owners in Cook County regarding the effect of the coronavirus on property owners.  Reassessment notices...more

School Transportation Vendors Claim for Payment Under the CARES Act

We understand that certain transportation vendors are claiming that the recently passed CARES Act requires full or nearly full payment from school districts even if no transportation services are provided during school...more

Governor’s Executive Order 2020-15 Permits Electronic Bid Openings for School District Construction Projects

On Friday, Governor Pritzker issued Executive Order 2020-15 allowing school districts to communicate, respond to, and open bids electronically for school construction projects.  Section 10-20.21 of the Illinois School Code...more

COVID-19 Stimulus Law Allots $13.5 Billion to Public Schools

Today, the President signed a $2 trillion stimulus package into law to help industries impacted by coronavirus disease 2019 (COVID-19). The package includes a $30 billion Education Stabilization Fund for K-12 school districts...more

PTAB Extends Certain Evidence Filing Deadlines in Response to COVID-19; Timelines to File Appeals and Intervene Remain

Today the Illinois Property Tax Appeal Board (PTAB) issued guidance to practitioners on filing dates and deadlines in light of the unprecedented changes occasioned by coronavirus disease 2019 (COVID-19)....more

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