Illinois property tax credit offered to principal residents
Illinois residents may claim a 5 percent credit on real estate taxes paid for a principal residence if the home is owned and used for personal purposes and taxes are paid. Credits exclude nonresidential properties and penalties. The article discusses rising tax bills, county growth disparities, and quotes local residents and officials about tax realities.
MENTIONED IN THIS ARTICLE
Southern Illinois
Illinois
Department of Revenue
Property tax increases strain communities and schools
County tax data show at least a 50 percent rise over ten years in 33 of 48 counties as residents fear higher costs. Officials cite strong public unions and fixed school costs like bus and health care as limits on cost control, while buyers weigh tax load against quality of life and local services. Community leaders warn politicians must choose between rising services and affordable living.
MENTIONED IN THIS ARTICLE
Bond
McLean
Johnson
Williams
JoAnn Brisard
Macon County Board of Review
Walt Warfield
Mattoon
Decatur
Illinois Association of School Administrators
WorldCom
Warfield
Marion
Dave Thompson
Thompson
Carbondale
Jeff Doherty
Harold Gambill
Gambill
Amerencips
International Brotherhood of Electrical Workers
Ameren
Paul Daily
Coles County
Daily
Brisard
Neoga
Trailmobile
Charleston
Wal-Mart
Tax revenue increases still not enough for some institutions
Decatur Macon County property owners face higher May real estate tax bills as revenue growth lags behind rising costs. The Decatur School District saw levies grow from 14.2 million in 1991 to 21.6 million in 2000 amid higher rates and unfunded mandates, while state aid declined as districts appear wealthier.
MENTIONED IN THIS ARTICLE
Decatur
Macon County
Martin Getty
Getty
Beth Couter
Illinois General Assembly
Couter
Decatur Park District
Park District
Rodney Buhr
Decatur Airport
Buhr
Burden of property taxes in Southern Illinois series begins
A four newspaper collaboration reports how total property tax collections across 48 southern Illinois counties rose over the past decade, with some counties up more than 90 percent while inflation ran under 30 percent. The piece argues rising taxes threaten homeownership and housing affordability, especially for fixed incomes and new buyers.
MENTIONED IN THIS ARTICLE
Southern Illinois
Lee Enterprises
Southern Illinoisan
Charleston Times- Courier
Decatur Herald & Review
Mattoon Journal
Illinois Department of Revenue
Illinois
Also Mentioned on This Page
Cale
Lee Enterprises Inc
Miranda
Eunice Gingrey
Floyd