property tax

Jenna Dooley / WNIJ

Suburban Chicago mayors are stepping into the statewide debate over freezing local property taxes.

The proposal is a key element of Republican Gov. Bruce Rauner's agenda. He has insisted on the freeze before agreeing to a state budget.

Leaders representing more than 150 cities and villages surrounding Chicago say a freeze would handicap local government and do nothing to address the Illinois budget problems.

"Blake Wilbur Building - Stanford Hospital & Clinics" by Flickr User Jennifer Morrow / (CC X 2.0)

The Illinois Supreme Court has vacated a lower court's ruling that found unconstitutional a state law allowing not-for-profit hospitals to avoid paying property taxes in certain cases.

The court decided unanimously Thursday to vacate a ruling last year by the Illinois 4th District Appellate Court because it lacked jurisdiction and remanded the case involving an Urbana hospital to the trial court for reconsideration.

Wilhelm Joy Sanderson/Flickr

Columnist Charlie Wheeler says there are serious consequences under Gov. Bruce Rauner's tax proposal.  

State of Illinois

The Illinois House has approved a property-tax freeze _ one of the key points on Republican Gov. Bruce Rauner's agenda.

The measure doesn't apply to home-rule governments like Chicago and prohibits school districts from getting any more in property tax revenue than they did in 2015 unless voters approve an increase in a referendum.

The House voted 71-31 Thursday on the proposal by Democratic Rep. Jack Franks of Marengo.

Flickr user Brent Hoard "ECU School of Education Class Room" (CC BY 2.0)

Illinois' Education Funding Task Force met yesterday to consider whether to change how the state finances education.

    

The current system is based on property taxes, so school districts with high land values -- like those in the suburbs north of Chicago -- want to keep the status quo.

They say a Senate plan to shift money to less wealthy districts would create winners and losers.

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