"...(T)he International Association of Assessing Officers has also conducted a few studies of Cook County’s assessments. Their reports focus on a few key metrics but two of the more meaningful ones are the ratio of the assessed value of properties (as determined by actual sales prices) to their market values and then how spread out those ratios are."
Know this. Those “fairer” assessments were accomplished by the much maligned sales chasing tactic. This proof sits in plain sight, they denied it. As long as appeals are granted the system is unfair. The reductions have no methodology to support them, they are discretionary. They distort the process especially wealthy vs poor homeowners and are a use of power the assessor refuses to give up. That data is in plain sight. The author and IAOO are engaging in the age old tactic of “brown nosing.” Why not ask the CCAO directly if these tactics were used? The benefit of the… Read more »
BB
4 years ago
Chicasgo now,
Fire this dumb as- writer of yours!!
The Paraclete
4 years ago
Yea OK, it’s for real like that TV antenna that gets you high def reception in the Gulf of Mexico. Hey comeback to the stampede out of state. Sounds like CH 7.
I don’t know what happened to CH 7 news in the last few months but they’ve gone PC woke. They used to be a little more objective but now they’re pushing climate change, clot shots to little kids, and lots of stories about equity. They even covered for JB’s unemployment fraud scandal. I’ve stopped watching Channel 7 entirely. Channel 2 news seems to be a little better. At least they focused on the PPP loan fraud scandals in the south suburbs that was too big to ignore.
debtsor
4 years ago
“In other words, commercial properties were under assessed by about 39%!”
So basically, dumb businesses need to shut up about high Cook County Property taxes, see, they’re fair, and the increases only make them more fair.
Hey wait, you’re closing and moving to DuPage County? You’ve moved your entire operation to Indiana, no, no you can’t do that! That’s not fair! (followed by stomping of feet by our political leaders)
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Know this. Those “fairer” assessments were accomplished by the much maligned sales chasing tactic. This proof sits in plain sight, they denied it. As long as appeals are granted the system is unfair. The reductions have no methodology to support them, they are discretionary. They distort the process especially wealthy vs poor homeowners and are a use of power the assessor refuses to give up. That data is in plain sight. The author and IAOO are engaging in the age old tactic of “brown nosing.” Why not ask the CCAO directly if these tactics were used? The benefit of the… Read more »
Chicasgo now,
Fire this dumb as- writer of yours!!
Yea OK, it’s for real like that TV antenna that gets you high def reception in the Gulf of Mexico. Hey comeback to the stampede out of state. Sounds like CH 7.
I don’t know what happened to CH 7 news in the last few months but they’ve gone PC woke. They used to be a little more objective but now they’re pushing climate change, clot shots to little kids, and lots of stories about equity. They even covered for JB’s unemployment fraud scandal. I’ve stopped watching Channel 7 entirely. Channel 2 news seems to be a little better. At least they focused on the PPP loan fraud scandals in the south suburbs that was too big to ignore.
“In other words, commercial properties were under assessed by about 39%!”
So basically, dumb businesses need to shut up about high Cook County Property taxes, see, they’re fair, and the increases only make them more fair.
Hey wait, you’re closing and moving to DuPage County? You’ve moved your entire operation to Indiana, no, no you can’t do that! That’s not fair! (followed by stomping of feet by our political leaders)