Property Tax Proposals Meet with Chilly Reception
A mayoral candidate’s idea for a tiered system of property tax rates that would tax higher-priced homes at higher rates was short-lived.
Another idea to establish a statewide property tax to help pay off pension obligations was decisively rejected by suburban voters in November before it was ever even formally proposed. The referendum was seen as a way to discourage any attempts to introduce such a proposal – based on an idea from three Federal Reserve of Chicago economists reported earlier this year.
The chilly reception in both cases illustrates the hurdles around proposals that have the potential to raise property tax rates, especially in an election year, and especially in areas like Chicago, where property owners are still absorbing the sting of four years of phased-in property tax hikes.
Continue reading
If you’re living on a fixed income, you’re probably even more concerned about Rahm Emanuel’s 
2020 property valuations are currently being determined by the Harris County Appraisal District. The following cities, towns, and villages are in Harris County, Texas: Aldine, Atascocita, Barrett, Baytown, Bellaire, Bunker Hill Village, Channelview, Cinco Ranch, Cloverleaf, Crosby, Deer Park, El Lago, Friendswood, Galena Park, Hedwig Village, Highlands, Hilshire Village, Houston, Humble, Hunters Creek Village, Jacinto City, Jersey Village, Katy, La Porte, League City, Mission Bend, Missouri City, Morgans Point, Nassau Bay, Pasadena, Pearland, Piney Point Village, Seabrook, Sheldon, Shoreacres, South Houston, Southside Place, Spring, Spring Valley Village, Stafford, Taylor Lake Village, Tomball, Waller, Webster, and West University Place. The deadline to protest your appraised value at the Appraisal Review Board is May 15th.
When buying a home, many scrutinize home prices, assessed value, interest rates, and even PMI when determining what to pay and what they can afford.
Applications for two property tax exemptions for Cook County senior citizens have been mailed out to property owners who received the exemptions last year. The deadline for re-applying for the exemption is Feb. 6, 2019. The application is required every year, regardless of past eligibility.
About 47,000 Cook County homeowners rushed to pay $312 million in property taxes to take advantage of the unlimited tax deduction for state and local taxes under the previous tax law, 
Cook County Tax Assessor Fritz Kaegi backed off a plan to provide immediate relief to more than 1,100 homeowners living within a floodplain in the New Trier township after a rocky roll-out left him having to defend a decision that would have reduced the assessed value of some pricey homes by as much as 30%.
Over 90% Success Rate on Property Tax Appeals & Protests
No Up-Front Fees