property taxes

Flickr user Mark Hillary / "My bed" (CC BY 2.0)

The Illinois Supreme Court considered a case Thursday that asks whether not-for-profit hospitals have to pay property taxes.

The case involves Urbana-based Carle hospital and clinics — though it could affect health systems across Illinois.  

At issue is the constitutionality of a state law that exempts not-for-profit hospitals from paying property taxes.

Laurel Prussing, the mayor of Urbana, says losing that tax money cost the city 11 percent of its tax base. 

Rockford May Extend Distressed Homes Tax Refund

Dec 21, 2016
city of Rockford

Rockford may extend a property tax refund for distressed homes.   

The Homebuyers Property Tax Refund Program was created in April.  It returns funds to owners who bought foreclosed properties or "short sale" homes.  These properties have mortgage amounts higher than their actual value.  

DeKalb County

The DeKalb County Board voted 18-6 toward putting a property tax hike on the ballot to fund public health.  

The Daily Chronicle reports the proposal would bring in about $500,000 per year through a property tax of $9.57 for every $100,000 of equalized assessed value.  For someone owning a $150,000, this would mean a yearly increase of about $15.  

What Happens When You Don't Pay Property Tax?

Aug 8, 2016
Flickr user Pictures of Money / "Money" (CC BY 2.0)

They say the only certainties in life are death and taxes. In Illinois, property taxes have a few uncertainties as well, particularly when you don't pay.  

Municipalities and state governments have a vested interest in making sure everybody pays their fair share and, while each area may have a unique quirk, the overall process is universal. People pay their property taxes and, if they have trouble, seek out a deferment program.

But if you can’t pay, your debt could be sold off to the lowest bidder. DeKalb County Treasurer Christine Johnson explains her local process.

DeKalb County Disburses First Round Of Property Taxes

Jun 3, 2016
DeKalb County

DeKalb County disbursed the first round of property taxes to municipal governments. 

The Daily-Chronicle reports local school districts received more than half of the $22 million payout.  Community colleges received $1.3 million while the county forest district was given $2.5 million.  

In total, the county will distribute $213.3 million in property tax revenue this year.  

The raw numbers can be found at the website of the DeKalb County treasurer.  

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