Illinois’ cities home to some of country’s highest property tax rates
4 Articles
4 Articles
Edmonton City Council Increases Property Tax by 5.7%
Edmonton’s City Council has voted to increase municipal property taxes by 5.7 percent. Council approved the rate during a review of its budget, and passed the increase in an April 30 meeting. The increase will see homeowners pay about $763 in taxes for every $100,000 of assessed home value. That amount is $51 more than in 2024. “Property taxes in 2025 will generate more than $2.2 billion to help fund the 70 City services Edmontonians use every d…
Illinois’ cities home to some of country’s highest property tax rates – Center Square
In all, ATTOM Data Solutions finds Illinois now has 27 of the nation’s top 50 counties for heaviest property tax rates. Wirepoints president Ted Dabrowski pointed to all the tax policy now coming out of Springfield as clear and undeniable evidence of the way lawmakers have grown out of touch with the residents they’re charged with being a voice for.
Illinois' Q4 2024 property tax revenue up 11.1% from previous quarter
Illinois collected $20 million in property taxes during the fourth quarter of 2024, an 11.1% increase over the third quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.Property tax revenue for the third quarter of 2024 was $18 million.Overall, Illinois collected $16.4 billion in combined tax revenues in the fourth quarter of 2024, a decrease from the $16.8 billion collected in the previous quarter.I…
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