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Has Achieved Nirvana
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posted 20 June 2020 12:19 PM
Our property taxes went down almost 15%....boy, were we surprised!

happydance


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When the world wearies and society ceases to satisfy, there is always the garden - Minnie Aumônier

 
Posts: 38226 | Location: Somewhere in the middle | Registered: 19 January 2010Reply With QuoteReport This Post
Has Achieved Nirvana
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posted 20 June 2020 12:45 PMHide Post
Did the value of the house drop or did they change the rate?


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Life is short. Play with your dog.

 
Posts: 35084 | Location: Hooterville, OH | Registered: 23 April 2005Reply With QuoteReport This Post
Has Achieved Nirvana
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posted 20 June 2020 12:56 PMHide Post
Illinois (Cook County in particular) is known for its lousy assessment process that allows politicians and their friends who are lawyers in the real estate assessment appeal racket make a ton of money.

There's a new assessor and he's been cleaning up some of the previous sins.

About what's going on:

https://www.chicagotribune.com...loabrepxu-story.html

edit: The triennial reassessment was last year and we appealed and got a reduction, so our value is somewhat lower this year than the previous year. But we do that most years and it has never resulted in a reduction in taxes relative to the previous year. Taxes are *always* going up, until this year.


I'm wondering if there are upward changes in commercial assessments in the area so that they are paying closer to their fair share and ours has correspondingly gone down.


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When the world wearies and society ceases to satisfy, there is always the garden - Minnie Aumônier

 
Posts: 38226 | Location: Somewhere in the middle | Registered: 19 January 2010Reply With QuoteReport This Post
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