PROPERTY RELIEF GETS HIT BY TAX HIKE
"Oh great. Mayor Daley was waiting for the state to pass a property tax relief bill before he dared to push the biggest property tax increase in Chicago history.
Lawmakers complied Friday -- but picked the version that gives the least relief to battered homeowners. The bad news just keeps coming..."
Click here to read more in the Sun Times
REACTION TO THE PROPERTY TAX RELIEF EXTENSION...
"We're held over a barrel because of the legislative Ping-Pong that has gone on and because of a conflict of interest," said state Sen. Kwame Raoul (D-Chicago).
Raoul was referring to Madigan's side business representing downtown building owners, who said Blagojevich's version of the tax-relief plan would shift even more tax burden from homeowners to them."
Read more... (click here for the Sun Times article)
PROPERTY TAX BILLS
Expect your tax bills around November 1, 2007. They will be due for payment within 30 days of the mailing date.
Stay tuned for a protest rally! Details will follow...
THERE IS NO BETTER TIME THAN NOW TO DEMAND REAL PROPERTY TAX REFORM
TRAC calls for FAIR and PREDICTABLE PROPERTY ASSESSMENTS.
LEARN about a better plan for real property tax reform:
ACQUISITION BASED ASSESSING
= FAIR and PREDICTABLE property assessments
Learn about TRAC's campaign to implement ABA at the Cook County level.
For information contact: trac.president@gmail.com
ABA = FAIR and PREDICTABLE
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