Our view: Assessment process needs an overhaul
Illinois has so many problems with how it governs and taxes its populace, we couldn’t possibly write about each in the space we have here.
Today, we’ll focus on the assessment process – how governing bodies assess how much your home and property is worth and then determine what your annual property tax will be.
If there’s any evidence that Illinois’ system is flawed for assessing property values and determining how much in taxes are owed, it’s in the growing number of assessment challenges the past few years and the overwhelming success of those challenges.
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