Tax Situtation Gets Worse
Prickwrinkle is ripping you off:
The typical Cook County condominium or single-family homeowner paid 78% more in property taxes in 2024 than they spent in 2007, despite median property values only rising 7.3%.
The median property tax bill paid by the owner of a single-family home or condominium in Cook County grew to $5,821 last year – an increase of $2,558 since 2007, the oldest data available.
The median property values for the 1.17 million single-family homes and condominiums examined in Cook County only rose from $224,000 to $240,000, according to data from the Cook County Assessor’s Office.
This is why the outbound U-Haul rentals are so high statewide - with an emphasis on Cook County.
Don't forget about CPS's portion of the property tax levy - attendance is down tens of thousands from just a few years ago, but they raise their share of the property tax the maximum allowable.
Every. Single. Time.
And we have how many under-populated schools? How many kids who can't read? How many teachers making more than CPD captains and chiefs?
Go read the entire article - you aren't getting any bang for your buck any more.
Labels: money questions
posted by SCC at 12:05 AM
63 Comments:
To be fair, there’s a lot of police officers making more than CPD, captains and chief!
Local government are killing taxpayers. Government politicians think they can just keep raising everything and it will be ok. Shit is out of hand.
That’s why when I retired I moved to Missouri. Public pensions are exempt from income tax and my property tax is a quarter of what it was.
At what point does the city become too expensive for the middle class ? We get a pay raise that is immediately cut short again with a tax raise and the cycle continues ! If residency wasn't on the books then at least a move to a less taxing county would be tempting !
My property taxes were $5,800 in 2015. After a "successful" appeal they will be over $14,100 next year. The value of my house has increased by $140,000 in that time.
CPS HIGH SCHOOLS belong in the Twilight Zone. Marshall H.S. Has less than 200 hundred students. It also has A 10 acre campus complete with a good looking football field, baseball diamond and large parking lots and adjacent green area. The classic well maintained building also has a state of the art theater for live and film presentations. There are four gymnasiums with combined seating capacity of around 1700. Over 1500 lockers through out the school. Two designated cafeterias and kitchens for cooking classes. The building is computer equipped and wired for WiFi. The Board of Ed does not make the cost of staffing and running this school easily available. Oh, yes; the new city budget increase the staff size.
The Democrats curse on Chicago!
Complete failure at every direction crook county has been a cesspool forever just look at the leadership hmm
Property taxes in this state have little to do with the value of your home. They assess you on how much money they need for their budgets. The value of your house could theoretically drop to $1000 and they could still tax the hell out of you.
The school system reportedly has a 14 Billion dollar price tag needed building repair. The Big ticket stuff like roof replacement, tuckpointing, HVAC, tec. This should all get even more interesting.
Corruption is expensive.
Riots, car jackings in formerly safe areas, cat cut crews, neighbors who don’t speak English and/or don’t share a common culture. Plus taxes eating at pension exponentially meant it was time to go. Chiraq is no country for old men.
I absolutely hate Cook County. I can’t wait to get out. Current politicians are stupid, evil or both … usually BOTH. Chicago/Cook is rolling over into the shitter. I am really sick of it … my property taxes are unstainable.
Now I hear there is a Crook County property tax program where low income owners get a cash refund! How do you own a home if you are low income?
This is why the outbound U-Haul rentals are so high statewide - with an emphasis on Cook County.
Just hire the alley junk trucker if he hasn't been deported.
Really?! Can you provide their names and social security numbers to DOGE.
Openthebooks website search chicago
Democrat hacks say....
Just pay it or I'll add a late fee to it....
Democrat politicians won’t be happy until we become Detroit or worse. I know 3 families that are moving with in the year because of the cost of living. They all plan on moving out of state, Indiana.
There is more than enough money to go around if you want to make life your work and give up your quality time. New cars and a week vacation isn’t everything.
Awesome!!!!!!!!!! Congratulations!
Right about now!
Everyone needs to wake up and vote Republican.
That’s why I plan on moving when I retire. I don’t want to become a victim in old age.
For sure.
Totally agree!
If you stay here after retiring from this job you are a complete idiot and secretly love democrats whether you deny it to your friends and family or not
It’s still worth it to get out!
Time to privatize education.
Defund CPS and the CTU.
Exactly! Look at Riverdale or Harvey!
School taxes are the worst culprits . 70% of my tax bill is schools. Every single taxing body goes up every year.
Golf. Tango. Foxtrot. Oscar.
To those of you acting surprised that Chicago/Cook County is going into the shitter...This is nothing new. Check the history of Chicago. It has been a dirty, corrupt, patronage run system for decades. It's a place where a few "heavy" p0liticians consolidate power and wield it their way. Groups like CTU, and local unions always "backed" their candidates for their own agendas. Billions and Billions of dollars going to projects that don't really improve anything. Remember mayor Daley's constant airport renovations? including the runway realignment? You don't hear too much about that anymore, do you? Remember block 37? Few do. TIF funding is fading from memory as well.
The real news is some of you snowflakes are waking up and seeing it all in real time. Illinois has some of the highest gas taxes in the country BTW...
There is nothing new under the sun here...History has been erased, the erasure forgotten, and the lie has become the truth...
Chicago has been serving up it's values "Chicago style" since 1837
Get the hell out of Dodge while they’re getting good ! Shitchgo is circling the drain headed to total financial bankruptcy ! Better than half of your property taxes are going to the failed Chicango Public school system they are turning out students that can neither read, wright or do basic math anywhere near their grade level they are functional illiterate ! The property taxpayers have the corrupt, greedy, communist, teachers union, and the Democratic politicians in the state of Illinois to thank for this gross waste and fraud !
More taxes for the teachers union! They demand it and are going to get it anyways...just give it to them. After all...it's all for the children anyways...Right?
Graduating students that cant read or write, for decades....Another Chicago Value since 1837
Living near Phoenix received my tax bill last week. Home value about $575K (believe me nothing special) purchased for about $380K 6 years ago. Anyway full year property tax is $2,600. Hey we have "coffee with a cop" once a month.
Probably cheaper to throw everything in the garbage.
City Motto: PUT UP OR SHUT UP. We middle-class folks are supposed to pay our taxes and fees and licenses, deal with lousy public services and crappy public facilities. But the CPS teachers, the alderpersons and their staff, well it's all gold-plated la-dee-da. Count number of BMWs and Mercedes in CPS school parking lots.
watch out for local politics, they are as bad or worse.
I'm not disputing that Crook County is in a tailspin, but the article doesn't account for the shrinking value of a dollar. Duck Assist says inflation increased by ~53% from 2007 to 2024.
Time to clean house and start all over. CPS needs to terminate employment of EVERY CPS employee. Enact school choice and then create a new CPS and hire a limited number of employees with a NO STRIKE requirement and a fixed school curriculum and a minimum number of schools in each ward.
Sooner or later the voters in Chicago, Cook County, and Illinois will come to the realization that they are being fleeced, lied to, and bamboozled by democrat politicians who have basically been in charge for over 50 years.
I retired in 2015. Im glad to know that! I sold in 2014...Not a moment too soon I see...Im also out of state and dont buy city stickers anymore...Will be collecting S.S. this year. Thanks W.E.P bill! Winning!!!
The data shows 65 cents of every property tax dollar paid in Cook County last year went to fund public schools and community colleges. That translates to $3,797 per property compared to $2,089 paid for schools in 2007.
More money each year for dumber kids...Chicago values
I always wondered why there were parking lots around housing projects. I suppoose it's because they need somewhere to park their Escalades.
Im voting with my feet and leaving. I've rarely voted for a politician who took office. There always seemed to be enough votes to elect a democrat in this town. Look what they have done for us...A big Nothing burger! The younger generation is going to be tasked with fixing this. Nobody seemed to care in my generation. They paid Burke cash for promotions and worked as precinct captains for the machine. They paid Madigan for hearings on property tax hikes. Or Fast Eddie Vrdolyak. They elected Rostenkowski, Dick Durbin, George Ryan, Rod Blagoiavich, and Tammy Duckworth, not to mention Mayor Daley for almost a quarter century and a succession of mayors like Emmanuel, Lightfoot, and now Conehead. Cook county was run by John Stroger, and now Preckwinkle. I never voted for one of them. Somehow taxes didn't get that out of control. But lately, there is no end in sight. Your going to need a lot of political will to change all this.
Good luck kids...you're going to need it.
But that is overtime that they worked to earn that pay, unlike the part-time teachers that do not work overtime, heck they don't even do their job. I guess if indoctrinating students into socialism/communism is their job they are doing on hell of a job......
Prickwinkle got to go along with the entire Crook County board
I read that there are at least two CP High Schools with 100 students in each school. That means 25 students for each grade.Why can’t they consolidate some schools & save on staff & cost of operating the buildings?
Issue is when property taxes are going up faster than non-government employees wages. Plain and simple. Tax Inflation in this crap county has far exceeded regular people’s wage increases for 25 years and counting. It’s bullshit and is the result of politicians.
24,000 teachers vs. 11,000 cops plus too many predominantly empty schools. Lots of patronage on both sides though.
You are right … they will realize it but you will need to print it for them in their language … any language but English.
Those with little or no income will never come to this realization. It might be a lost cause. Typically, socialism ends when it runs out of other peoples' money.
I moved almost 3 years ago. Sold a lot(Facebook and Craigslist) rented a dumpster for the rest and what we kept fit inside a large U haul truck. Went out west and havent been back since. Yeah, U-Haul does charge a lot, but so what. I would pay twice as much to get my crap out of Chicago for good.
Let Freedon ring...! It was Independence day!
New CTU raises , rockets Taxes up another $189 Million in new property taxes each year Hello Detroit
Not disputing you or arguing against your choice, but any pensions and any retirement income is exempt from Illinois income tax as well.
So there’s lots of reasons to get out of here, especially the property taxes, but for now no state income tax on retirement (pension, 457b, 401k, IRA).
Some people have family considerations preventing them from leaving. So can’t blame it on loving democrats.
Excuse me but you are trying to apply common sense where none will apply. I once tried suggesting a better way to do some things and the best answer I got was "but we have always done it this way"...A week later when I asked about my suggestion being implemented, I was asked "what suggestion...?"
Think you mis-phrased your question
Instead of “why can’t” it should be why won’t.
And the answer is that it’s harder to scam off of more efficiently run organizations.
Due to family situations, not everyone can move out of state. We were looking hard at Indiana, but it was a little too far due to family obligations. And moving and change in general can be overwhelming so I get why some people are apprehensive. But with that said, I encourage everyone to do whatever you can to move out of that decaying city and county. I wasn’t able to make it out of illinois, but at least I was able to leave crook county. Good Luck and don’t forget to give bj & the preck the middle finger on your way out !
Generations of students that can't read graduating = Teachers that don't care
lol 6 mos out, selling house asap after retirement then moving south to the red state. lol good riddance get my sanity back and good bye SHITCAGO!!!!
I just came back from Arizona, gas there is well above 3.5 gallon... Actually, everything costs the same or more
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