Category: Exemptions

Freeze Property Taxes in Illinois….Yes or No?

Property taxes are high on Politician’s lists, some pitching for a freeze, others discussing an increase of $75-$250.  And is a freeze even a good idea…how would you fund the schools, parks and libraries?  A number of politicians in Springfield and Chicago are pitching very different approaches to managing some of our expenses and revenue. Read More …

Property Tax Caps, even possible?

An opinion piece reflecting how our property tax caps really aren’t caps, more like a 26 hole sieve. These ever increasing bills are becoming hardships on many of the families throughout Illinois; in many communities, the monthly payment for property taxes are comparable to the homeowner’s mortgage payments.  It’s becoming difficult for those living on fixed Read More …

Lake County Appeal attorney invited for input at Lake County Assessor’s Office

Lake County Appeal attorney invited for input at Lake County Assessor’s Office PR Release  June 17, 2015  Frank Moriarty Ron Kingsley, attorney and owner of Lake County Appeal, will be attending an exclusive meeting with Lake County’s chief assessment officer on Friday, June 19th to discuss the upcoming quadrennial reassessment, along with the 2015 appellate Read More …

Disabilities; Property Tax Exemptions

Disabilities There are a number of homestead exemptions for individuals with disabilities in Lake County, Illinois.  These exemptions lower the equalized assessed value of your property; some of these may be claimed in addition to other exemptions.  Verification is annually; along with that you may need a physician’s statement for these exemptions. These links will Read More …

Fraternal Organizations, Property Tax Exemptions, Lake County, Illinois

Some Fraternal Organizations can also receive Lake County property tax exemptions.  Links to the PTAX-766 forms are included here. These exemptions lower the equalized assessed value of your Lake County property. How do you qualify? A fraternal organization or its affiliated Illinois not-for-profit corporation chartered prior to 1920 must own and use real property, be an exempt entity Read More …