Property Tax

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Best Practices - Property Taxes

Definition - Property TaxesProperty Taxes are taxes on residential and commercial property that are based on the property's assessed value. They are among the most significant sources of local government revenue in Illinois and are levied…

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Survey of Property Tax Limitations: Understanding the Tradeoffs and Policy Options for Illinois

 By Roland CaliaClick here to download the Report OverviewExecutive…

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Frequently Asked Questions: Tax Increment Financing

FREQUENTLY ASKED QUESTIONS (FAQS): TAX INCREMENT FINANCING (TIF)  What is Tax Increment Financing (TIF)? TIF is a tool used by local governments, like cities, towns, or villages, to boost their economies and pay for…

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Cook County Treasurer’s Findings Reinforce Civic Federation Calls for Comprehensive Property Tax Reform

By Roland Calia A recent report by Cook County Treasurer Maria Pappas shows that Cook County property taxes surged 182% in the 30-year period between 1995 and 2024, rising from $6.8 billion to $19.2 billion (…

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Tax Increment Financing: A Primer

by Roland Calia and Daniel Vesecky Click here to read the full report …

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Estimated Full Value of Real Property in Cook County: 2006-2023

by Roland CaliaClick here to read the full report

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Statement on Cook County Property Tax Bills

A statement from the Civic Federation in response to the second installment of the Cook County property tax bills

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Property Tax Limitations in Practice: What the Data Reveals About Property Tax Caps in Cook County

by Christopher Berry, Roland Calia, Eric Langowski, and Annie McGowanClick here to read the full report…

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Property Tax Collection Rates in Cook County: Trends, Disparities, and Fiscal Implications

Click here to read the full report

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The Cook County Property Tax Extension Process: A Primer

Click here to read the full report