property tax assessments

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Business & Lifestyle

Macon County sees no change in state multiplier on property assessments

DECATUR (Heartland Newsfeed) -- The tentative state equalization factor for property assessments in Macon County remains unchanged from last year – 1.000. The county's property assessment equalization factor, commonly known as the multiplier, applies to 2017 taxes payable in 2018, Illinois Department of Revenue Director Constance Beard said in a release. The equalization factor is computed by comparing individual properties' sales prices over the recent three-year period with the assessed value of the properties as determined by the county, the […]

todayDecember 15, 2017 27

Business & Lifestyle

Rep. Jeanne Ives points to Coles County assessment suit as proof system is broken

SPRINGFIELD (Heartland Newsfeed) -- State Representative Jeanne Ives (R-Wheaton) wants the Illinois Department of Revenue to investigate every Illinois county to determine whether property assessments have been performed according to law. “Illinois has the highest effective property tax rates in the nation," Ives said in a press release. "We just raised income taxes 32% when too many of our residents already cannot afford to live here. We need a system where residents can be assured that they will not be […]

todayAugust 30, 2017 9

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