Written By, Charles Selle, Lake County News – Sun, July 29, 2020 Despite schools starting in a few weeks, barcode scanners at major retailers have been cold this month. Who needs a new backpack when you’re at home, engaged in remote learning? Whether it’s the “School Style Shop” nook or “College Kitchen” section at your Read More …
Author: Shelly Rothstein
No, The Assessor Did Not Increase Your Property’s Assessed Value To Collect More Taxes!!!
Written by Ron Kingsley, Lake County Appeal Owner and Tax Attorney Literally, every day, at least one client calls me with the misconception that the assessor increased the client’s assessed value in order to collect more taxes. No, no and no!!! As Jill Odzer’s article aptly points out, the amount of taxes that the taxing bodies need to perform their functions determines the amount of Read More …
Should My Taxes Be Reduced Since Everything is Shut Down?
Written By Jill Odzer, Lake County Appeal Commercial Analyst One common question I receive goes something like this, “Since everything is shut down, my taxes should be reduced, right?” Although this may sound logical, it isn’t how property taxes work…Your property tax bill stems from two separate components: The first component is the assessed value, which is supposed to be one-third of the fair market value of your property on January 1 Read More …
Estimated 2021 tax levy shows 4% increase from previous year
Written By, Alexandra Kukulka, Chicago Tribune, 8/12/20 Lake County residents will likely see a slight increase to a portion of their property taxes in 2021, but officials aren’t concerned about receiving more late payments as a result of the economic hardship amid the pandemic. The Lake County estimated tax levy for 2021 is a 4% Read More …
Estimated 2021 tax levy shows 4% increase from previous year.
By ALEXANDRA KUKULKA POST-TRIBUNE |AUG 12, 2020 AT 8:25 AM Lake County residents will likely see a slight increase to a portion of their property taxes in 2021, but officials aren’t concerned about receiving more late payments as a result of the economic hardship amid the pandemic. The Lake County estimated tax levy for 2021 is a 4% Read More …
Pritzker announces launch of housing assistance programs
Written By, Peter Hancock, Herald & Review, Capitol News Illinois, 8/10/20 SPRINGFIELD — Gov. J.B. Pritzker on Monday announced a pair of housing assistance programs aimed at helping lower-income households meet their rent and mortgage payments during the pandemic. “The economic pain brought on by COVID-19 has impacted every Illinoisan, but no one Read More …
Revised, higher tax bills coming for some in District 118
Written By, Mick Zawislak – Daily Herald, 7/24/20 Taxpayers in the Lake County portion of Wauconda Unit School District 118 will be getting revised tax bills to include a charge to fill a $5.7 million shortage caused by a miscalculation. The error affects about 10,680 taxpayers in Lake County, which accounts for about Read More …
Amended 2019 Lake County Property Tax Bills
By Office of the Lake County Clerk July 24, 2020 Notification of Property Tax Arrearage and Amended 2019 Property Tax Bill for Lake County Taxpayers in Wauconda School District 118 Governmental bodies were under intense pressure to finalize the levy, an essential part of the property tax calculation, during the COVID-19 shutdown. The Read More …
Covid-19 Closures Could Push Residential Property Tax Bills Higher In Coming Years
Business closures could shift property tax burdens to homeowners. Written By, Cole Lauterbach – Center Square Illinois, News Partner – July 17, 2020 The COVID-19 pandemic could have lasting consequences for property owners, especially if business closures shift property tax burdens to homeowners. Property taxes aren’t implemented like income taxes, where a percentage of Read More …
What Can I Do to Fight Back?
Written By Jill Odzer,Lake County Appeal Commercial Analyst The property tax bill comes, and we all feel angst. In the year of Covid-19, protesting, rioting, and an upcoming election that continues to be very contentious, you may feel as though you need to take some control. Like many, I have felt a need Read More …