If this should pass the Illinois exodus could become astronomical, this has the possibility of destroying Illinois into oblivion. Homeowners are struggling now to pay there exuberant property taxes along with businesses, looks like Illinois will be the new home to illegals after all.
Last edited 4 years ago by Fed up neighbor
Freddy
4 years ago
This article is only partially correct. It may be true in a non Ptell county but in a Ptell county any tax reduction due to winning an assessment appeal or abatement even the homeowners exemption is passed on in the form of a higher tax rate. Under Ptell the taxing districts will never get less than the previous years total levy (not billed or collected).
Seems like this would bypass the right for people to vote for Ptell if they wanted it or not in their county. Only 38 counties out of 102 have this. Another sleight of hand maneuver.
If this should pass the Illinois exodus could become astronomical, this has the possibility of destroying Illinois into oblivion. Homeowners are struggling now to pay there exuberant property taxes along with businesses, looks like Illinois will be the new home to illegals after all.
This article is only partially correct. It may be true in a non Ptell county but in a Ptell county any tax reduction due to winning an assessment appeal or abatement even the homeowners exemption is passed on in the form of a higher tax rate. Under Ptell the taxing districts will never get less than the previous years total levy (not billed or collected).
Seems like this would bypass the right for people to vote for Ptell if they wanted it or not in their county. Only 38 counties out of 102 have this. Another sleight of hand maneuver.