Illinois retiree: Amendment 1 could cost me my home – Illinois Policy

When property taxes cost roughly 4.4% of your income, Effingham's Deb Cohorst and other retirees have trouble finding spare cash to sustain never-ending tax hikes. “It’s not tens of thousands like some other families pay. But when you’re on a fixed income...at our wage level, it’s getting harder and harder to keep up as property taxes keep increasing and we’ve seen the effect that’s having."
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ger42
1 year ago

To the writer of this article, well done. Very concise. I like Effingham also, so I can understand this person who may have to leave that location after so many years.
I have always complimented our surrounding states on their handling of Covid and their governmental leadership for how they’re getting things done. So now Indy and other people want to kick this person down, you should be ashamed of yourselves. The problem is Illinois LOL governor JB.

Indy
1 year ago

That’s the price you pay for living in Illinois.
You’ve had years & years to pack the UHaul but you didn’t. Time to suffer the consequences of that inaction.

Freddy
1 year ago

At 1.7% of home value she could consider herself lucky. In Belvidere it’s approx 3% and Rockford is close to 4% and was over 5% a few years back. These high property taxes have kept homes from appreciating for decades now so to move to another area prices have gone up steadily so the spread is getting wider daily. What would help is that seniors should be exempt from school taxes on their properties. That would cut the taxes by more than half.

Joey Zamboni
1 year ago
Reply to  Freddy

Heck, I’d take a 50% reduction in school taxes…

But then who would pay for the kids indoctrination education…???

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