Diamond Member Pelican Press 0 Posted July 21, 2024 Diamond Member Share Posted July 21, 2024 This is the hidden content, please Sign In or Sign Up Cook County homeowners confront assessor about property tax hike COOK COUNTY – Homeowners in This is the hidden content, please Sign In or Sign Up ‘s south and southwest suburbs are reeling from a dramatic increase in property taxes, with some expressing their frustrations directly to This is the hidden content, please Sign In or Sign Up Assessor This is the hidden content, please Sign In or Sign Up on Saturday. “When my wife saw the tax bill, the first thing she said, like the gentleman said earlier, ‘We’re gonna have to sell this house,’” a Cook County resident said. Residents gathered at the Homewood Auditorium to confront Kaegi, who acknowledged their concerns. “You do not need a lawyer to make an appeal. Actually, people who appeal on their own are slightly more successful last year than people who hired lawyers or representation,” Kaegi said. A study by Cook County Treasurer Maria Pappas revealed that property tax bills in the south and southwest suburbs have jumped nearly 20% on average, the highest increase in 30 years. For some, the impact is even more severe. “My home assessment went up over 100%, and the second property tax bill I got I owe $10,000. My tax bill increased 86%,” one homeowner said. In Dixmoor and Phoenix, property taxes have more than doubled. Kaegi explained that the rapid tax increases are due to several factors, including the decline of the industrial base, the impact of online shopping on retail, and the economic toll of the COVID-19 pandemic. “There was a lot of evidence that homes for people at the bottom of the price spectrum, especially those of ****** and brown people, were over-assessed relative to high-end homes for a long ******* of time. Plus, commercial properties were under-assessed for a long ******* of time,” he said. Kaegi assured residents that his office is striving to ensure fair assessments and urged them to check for overlooked tax exemptions. “The most immediate and practical thing to be done is first check your exemptions,” he said. The median property tax bill in Cook County’s south and southwest suburbs now exceeds $6,100. This is the hidden content, please Sign In or Sign Up #Cook #County #homeowners #confront #assessor #property #tax #hike This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/72702-cook-county-homeowners-confront-assessor-about-property-tax-hike/ Share on other sites More sharing options...
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