What Evanston’s assessments tell us about the new assessor’s new math – Crain’s

The assessor’s estimated value of some apartment buildings in the northern suburb have doubled or even tripled, fueling fears that a massive property tax increase is coming next year. Some spooked landlords predict they’ll have to hike rents to account for the higher costs. Others foresee a decline in property values and development as investors steer clear of the Chicago market. And don’t rule out a fight. Comment: we are routinely hearing about doubled or tripled residential assessments, too, in northern Cook County.

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One rule for all – Editorial – News-Gazette

Legislators in the Illinois House and Senate this week passed separate and different versions of legislation that sets a minimum annual teacher salary of $40,000 by the 2023-24 school year.

That minimum salary is, at least theoretically, not excessive. But legislators disserve the public when they intervene in market issues with their one-size-fits-all-102-counties-in-Illinois approach.

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