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The Cook County Treasurer oversees what is the United States' second-largest system of property tax collection and distribution. [1] The inaugural holder of the office of treasurer was Archibald Clybourn, an early settler of Cook County. [2] The office was established in 1831, and since 1835 has been an elected, partisan position.
The property tax is a local tax, imposed by counties, townships, municipalities, school districts, and special taxation districts. The property tax in Illinois is imposed only on real property. [5] [6] [7] Illinois counties, townships, cities, and villages may also promulgate local ordinances. [8]
Before the creation of the position of Cook County Assessor in 1932, the Cook County Board of Assessors completed assessments in Cook County. [1] The Board of Assessors had been created after a law passed by the Illinois General Assembly on February 25, 1898 created a Board of Assessors in counties with 125,000 or more inhabitants. [1]
(The Center Square) – Illinois state Rep. La Shawn Ford is hoping to see the Homeowner Relief Fund pilot program enacted by Cook County commissioners grow to help keep even more property owners ...
State. Effective Tax Rate. Average Home Value. Average Tax on Average Value Home. Average Tax on Median Value U.S. Home ($420,321*) Alabama. 0.42%. $265,811
Founded in 1967, the PTAB was originally a panel of final administrative appeal for property tax assessment cases from the 101 counties of Illinois other than Cook County, Illinois's largest county in terms of population and property value. In 1997, the Illinois General Assembly expanded PTAB's jurisdictions to cover Cook County. PTAB, by ...
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