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NEW:
Madgian Conflict
Alderman Blast Madigan
Winter 2007 Newsletter
TRAC's letter of response to Chief Counsel Robert Uhe
Questions About Acquisition Based Assessing
Read the Civic Federation Position Paperhere
As Property Values Rise, Homeowners Feel Pinch
By RICK LYMAN, The New York Times
January 2006 Rally Flyer
The Impact of the 7% Expanded Homeowner Exemption
Provided by Cook County Assessor
Tax Worksheet for 7%
Fall 2005 TRAC Newsletter
Newsletter Archives
History of TRAC
Acquisition Based Assessing Petition - 05/05
Click here for a list of your state representatives
To join click
here.
Email us at TRAC.President@gmail.com
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CANDIDATES FORUM
SAVE THE DATE:
Thursday
January 24 at 6:30pm
In our continuing effort to reform the property tax system, TRAC and the Lake View Citizens' Council are hosting a candidates forum for the office of Commissioner for the Board of Review, 2nd District.
The two candidates that have been invited to the forum are incumbant Joeseph Berrios and challenger Jay Paul Deratany.
Jay Paul Deratany v. Joseph Berrios
The Cook County Board of Review is one of the avenues tax payers are able to use to reduce their property taxes - and is often utilized by large Chicago property owners and their attorneys. This office and the procedures used are often overlooked in the reform effort. Click here to see a map of the 2nd District.
The candidates forum is your chance as a taxpayer to hear the candidates speak, and become a better informed voter.
Please join TRAC - January 24, 2008
Sulzer Regional Library
4455 N Lincoln Ave
6:30 - reception
7:00 - forum
Get involved! Get informed!
See you all there! Pass this around to your friends and neighbors.
Daley, legislature keep running up tax bills
October 14, 2007 (Chicago Sun-Times)
Oh great. Mayor Daley was waiting for the state to pass a property tax relief bill before he dared to push the biggest property tax increase in Chicago history. Lawmakers complied Friday -- but picked the version that gives the least relief to battered homeowners. The bad news just keeps coming.
At issue was the renewal of a program for Cook County homeowners that for the last three years kept property tax bills somewhat in check. The Legislature rejected a version pushed by Gov. Blagojevich and Cook County Assessor James Houlihan in favor of a less generous plan backed by House Speaker Michael Madigan. Madigan's version phases out the program over the next three years but does provide some extra relief for longtime homeowners and people who make less than $75,000.
We supported the Blagojevich/ Houlihan version because it would have saved homeowners more money and was less complicated. The difference won't be that apparent in the first year, when both versions called for roughly the same relief, but it will become more obvious as the relief gets scaled back and ends by 2010.
There was some urgency. Cook County has to send out tax bills and start collecting money, which is crucial to school districts and other jurisdictions that have been waiting anxiously for their slice of the tax pie.
But resolving the matter also clears the way for Daley to push a record $108 million property tax increase -- about an extra $100 for a house worth $250,000. Daley said he would not be able to demand such an increase unless the Legislature renewed the tax relief program. Now he can go full-steam ahead, unless aldermen have other ideas. If he succeeds, the tax relief passed by the state could be partially offset by Daley's tax demands -- by how much, it's difficult to say.
To sum up the gloomy news: the Legislature opts for the plan that makes homeowners pay more taxes. And Daley takes that as a green light to go after even more.
See the article here.
"Never doubt that a small group of thoughtful, committed citizens can change the world, indeed,it is the only thing that has." -- Margaret Mead
VISION
The enactment of a property tax system that is fair and predictable, that will enable property owners to remain in their neighborhoods long-term, and that will help Preserve diversity in our communities.
MISSION
The Tax Reform Action Coalition (TRAC), founded in 2000, is a community based advocacy Group whose mission is to reform the property tax system in Illinois, making it fair and predictable for all property owners.
GOALS
To educate our communities and elected officials about the need for significant property tax reform. To encourage our elected representatives to enact legislation that improves the way properties are assessed. To promote stability and continued growth in our communities.
TRAC-Tax Reform Action Coalition
867 W. Buckingham Place
Chicago, IL 60657
312-458-9202
Write us at president@trac-il.org
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