Assessor Fritz Kaegi’s biggest blunders involved four Brookdale Senior Living properties in Lake View, Lincoln Park, Des Plaines and Glenview. All were discovered by Brookdale, which found that its 2021 tax bills were wrongly cut by $530,541. In January, Brookdale paid the money it should have, but Kaegi had waived $424,433 in penalties and interest.
A big part of the problem is the automatic renewal of exemptions. If homeowners were required to complete annually a simple form, saying “I still own and reside in this property (and, if applicable, I am still old and/or a disabled vet),” errors wouldn’t occur unless the taxpayer lied. I think previous Assessors had this annual requirement. Yes,it’s a tiny burden, but so much simpler than the income tax.
Taxpayer
1 year ago
Does the $930,000.00 include the tax break governor WIDE-LOAD got when he ripped the toilets out of one of his spare mansions ?
Just curious
A big part of the problem is the automatic renewal of exemptions. If homeowners were required to complete annually a simple form, saying “I still own and reside in this property (and, if applicable, I am still old and/or a disabled vet),” errors wouldn’t occur unless the taxpayer lied. I think previous Assessors had this annual requirement. Yes,it’s a tiny burden, but so much simpler than the income tax.
Does the $930,000.00 include the tax break governor WIDE-LOAD got when he ripped the toilets out of one of his spare mansions ?
Just curious