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Tag: property tax increases

Rickey Hendon urges freeze on property taxes and new regulations to address unjustified dramatic hikes

Posted on November 20, 2025November 20, 2025 By News Editor No Comments on Rickey Hendon urges freeze on property taxes and new regulations to address unjustified dramatic hikes
Rickey Hendon urges freeze on property taxes and new regulations to address unjustified dramatic hikes

Rickey Hendon urges freeze on property taxes and new regulations to address unjustified hikes Former Senate leader Hendon urges Freeze on Property taxes, and proposes reforms during a press conference held at the Cook County Building on Thursday, November 20, 2025, Watch video of press conference below Rickey Hendon, former Illinois State Senator and former…

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Government, Maria Pappas, News, NewsWire, Taxes, Videos

Loop’s declining value fuels record 16.7% jump in median property tax bill for Chicago homeowners

Posted on November 17, 2025November 17, 2025 By Ray Hanania No Comments on Loop’s declining value fuels record 16.7% jump in median property tax bill for Chicago homeowners
Loop’s declining value fuels record 16.7% jump in median property tax bill for Chicago homeowners

Loop’s declining value fuels record 16.7% jump in median property tax bill for Chicago homeowners Homeowners in Black communities hit with biggest percentage increases A dramatic decline in the value of commercial property in Chicago’s Loop, the city’s longtime economic engine, fueled a record property tax increase on homes across the city, according to an…

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Chicago, Cook County, Maria Pappas, News, NewsWire, Suburban Chicagoland, Taxes

Press Release: Orland Park should suspend TIF district plans until they release delinquent financial audits 

Posted on August 29, 2024August 31, 2024 By Ray Hanania 4 Comments on Press Release: Orland Park should suspend TIF district plans until they release delinquent financial audits 
Press Release: Orland Park should suspend TIF district plans until they release delinquent financial audits 

Press Release: Orland Park should suspend TIF district plans until they release delinquent financial audits  Orland Park, IL — Plans by Orland Park Mayor Keith Pekau to create three TIF districts to address “blighted land developments” should be put on hold until after he releases two delinquent financial audits detailing the true nature of the…

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Fritz Kaegi’s artificial inflation of property assessments to protect businesses

Posted on September 27, 2023October 28, 2023 By Ray Hanania 1 Comment on Fritz Kaegi’s artificial inflation of property assessments to protect businesses
Fritz Kaegi’s artificial inflation of property assessments to protect businesses

Fritz Kaegi’s artificial inflation of property assessments to protect businesses By Ray Hanania Last year, a report was issued that showed that a major tax burden would slam commercial properties in Cook County. Cook County Asessor Fritz Kaegi reassessed properties in 2021 claiming it would ease the burden on homeowners. But in fact, it has…

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