Last month, in the case Carle Foundation v. Dept. of Revenue, the Fourth District Court of Appeals issued its latest decision regarding hospital property tax exemptions. The Court upheld a trial court judgment awarding the...more
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
After a very difficult 2020, Illinois school districts received a well-deserved present on December 24 when the First District Illinois Appellate Court issued a decision rejecting a tax rate objection and upholding the...more
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
Last week, nine Cook County school districts and Calumet City filed an amicus curiae (“friend of the court”) brief in the Seventh Circuit Court of Appeals in support of rehearing in the case A.F. Moore & Associates Inc. v....more
2/26/2020
/ Amicus Briefs ,
Class Action ,
Constitutional Challenges ,
County Assessors ,
Lack of Jurisdiction ,
Motion to Dismiss ,
Municipalities ,
Petition For Rehearing ,
Property Tax ,
Property Valuation ,
School Districts ,
State and Local Government ,
Tax Appeals ,
Tax Assessment ,
Tax Planning ,
Tax Refunds ,
Tax Revenues
The evolution and expansion of the health care industry continues to test the limits of Illinois’ charitable real estate tax exemption laws, with significant implications for school district revenues. In addition to...more
Yesterday, the Illinois Supreme Court issued a decision in Oswald v. Hamer marking the latest chapter in a controversy dating to 2003. The decision finds that Section 15-86 of the Illinois Property Tax Code, which provides a...more
9/21/2018
/ Charitable Organizations ,
Constitutional Challenges ,
Health Care Providers ,
Hospitals ,
IL Supreme Court ,
Non-Profit Hospitals ,
Property Tax ,
School Districts ,
Tax Code ,
Tax Exemptions ,
Tax Revenues ,
Taxation
A recent article in Education Week has caught the attention of many local educators. The article, available here, discusses a national trend in property tax assessment appeals that can have devastating effects on school...more
Last Friday the Illinois Department of Revenue released the final 2016 Cook County equalization factor, which will be used to calculate the second installment property tax bills that are anticipated to be due in August 2017....more
The Illinois Appellate Court recently upheld a trial court’s ruling that property tax refunds from a dissolved TIF District must be paid by the municipality, not by the other affected taxing agencies. The case, Village of...more
Taxing districts in Cook County may see a slight increase in the funds they receive because of a new type of collection referred to as an Exemption Waiver Distribution. This new collection was established by an amendment to...more
Cook County continues to increase the number of commercial and industrial properties eligible for reduced property tax assessments. Recently, the County amended the Real Property Assessment Classification Ordinance to add the...more