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#4532736 - 10/03/17 08:38 AM Property taxes
jay929 Offline


Registered: 11/09/08
Posts: 114
Loc: IL.
So I live in Illinois this is the second year my taxes went up like 2 grand. I received my escrow statement September 23 telling me this. So I went to my local township to appeal this tax increase and they tell me the deadline is sept 10. So apparently I missed the deadline so am I screwed ?

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#4532743 - 10/03/17 08:46 AM Re: Property taxes [Re: jay929]
Mr Nice Offline


Registered: 09/12/04
Posts: 21198
Loc: Orlando, FL
You'll just have to pay your taxes + a penalty.

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#4532752 - 10/03/17 08:52 AM Re: Property taxes [Re: jay929]
demarpaint Offline


Registered: 07/03/05
Posts: 29778
Loc: NY
Don't feel bad, for the taxes I pay on Long Island for a modest home on a 55x100 lot I could own a small estate in some states. Then our corrupt officials cut a deal with a developer to bring Dicks Sporting Goods and Buffalo Wild Wings to a local mall. It would increase employment in the area LOLLLOLOLLL. What they didn't tell anyone was the school taxes here are going up an average of $1,000-$1,200/year to cover it.

Get yourself an attorney who grieves taxes, it might help get you a reduction next year if you missed the deadline. They typically get 40%-50% of any savings if successful. Some people grieve their own taxes. Good luck!
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#4532753 - 10/03/17 08:53 AM Re: Property taxes [Re: jay929]
Alfred_B Offline


Registered: 05/12/15
Posts: 1968
Loc: America
It funds the schools. Why are you complaining -- don't want education for the children?

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#4532762 - 10/03/17 09:01 AM Re: Property taxes [Re: jay929]
Astro14 Offline


Registered: 10/10/10
Posts: 8539
Loc: Virginia Beach
Originally Posted By: jay929
So I live in Illinois....am I screwed ?


Yeah, I would say that you are...

Illinois still in financial trouble - CNN

CNN How Illinois became America's most messed up state


Edited by Astro14 (10/03/17 09:02 AM)
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#4532778 - 10/03/17 09:09 AM Re: Property taxes [Re: Alfred_B]
motor_oil_madman Offline


Registered: 11/29/09
Posts: 4858
Loc: Houston, Texas
Originally Posted By: Alfred_B
It funds the schools. Why are you complaining -- don't want education for the children?


That's a lot of money, regardless.
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#4532782 - 10/03/17 09:11 AM Re: Property taxes [Re: Alfred_B]
motor_oil_madman Offline


Registered: 11/29/09
Posts: 4858
Loc: Houston, Texas
Originally Posted By: Alfred_B
It funds the schools. Why are you complaining -- don't want education for the children?


Do you really believe the money you pay in taxes actually pays for the things they say it does? Usually some crooked politician does something else with it.
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#4532791 - 10/03/17 09:18 AM Re: Property taxes [Re: motor_oil_madman]
Linctex Offline


Registered: 12/31/16
Posts: 6148
Loc: Waco, TX
Originally Posted By: motor_oil_madman
Originally Posted By: Alfred_B
It funds the schools. Why are you complaining -- don't want education for the children?


Do you really believe the money you pay in taxes actually pays for the things they say it does? Usually some crooked politician does something else with it.


This is 100% accurate.

With the money collected in property taxes around here, they could BUILD AN ENTIRELY NEW school building - every single year!! .

....and yet the teacher's pay sucks......
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#4532793 - 10/03/17 09:20 AM Re: Property taxes [Re: motor_oil_madman]
4WD Online   confused


Registered: 09/21/10
Posts: 6402
Loc: Texas
Spending in general (everywhere) is out of control - our small town is constantly building nicer things than my children had - as the tax base fades. The freeloading crowd has it so much nicer as I eat more taxes near retirement

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#4532797 - 10/03/17 09:21 AM Re: Property taxes [Re: Alfred_B]
zzyzzx Offline


Registered: 05/18/12
Posts: 4372
Loc: Baltimore, Maryland, USA
Originally Posted By: Alfred_B
It funds the schools. Why are you complaining -- don't want education for the children?


That should be the responsibility of their parents. Just like I have to pay tolls to use roads, because I use them, parents should have to pay higher taxes for all the education for their children.

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#4532811 - 10/03/17 09:29 AM Re: Property taxes [Re: jay929]
javacontour Offline


Registered: 06/26/03
Posts: 10306
Loc: Illinois
It largely funds CPS.

Well, actually, it funds YOUR schools so your income taxes can be sent to CPS.

In IL CPS gets more per student than the state average.

https://www.illinoisreportcard.com/Distr...tid=15016299025

While the typical school district in the state of IL self funds spending at 67.4%, getting only 25% of their funds from the state, CPS only self funds 51.7% (and that's up, I've seen it below 50% in years past) and gets almost 34% of it's funds from the state.

CPS spends approximately 25% more than the state average per student. This is true when you look at just instructional spending, or you add all spending (operational spending.) While the typical district in the state spends $12.8k/student, CPS spends $15.3k/student.

https://www.illinoisreportcard.com/Distr...tid=15016299025



Therefore, when you combine the fact of higher spending per student and higher contributions by state and federal funds for CPS, it's hard to see where getting less for pensions from the state eats away at the greater funding from the state and federal monies pouring into CPS299. (CPS complains they are not getting pension money like downstate districts. But I don't think downstate districts are getting an extra $3K/student, going to teachers pensions.)

CPS is taking more than it's fair share of state funds for education and now it wants even more.

One other thing to consider in my analysis above. The sheer size of CPS means it distorts the numbers. CPS is 20% of all students in the state. So their sheer size drives up the state funding average and drives down the self funding figures. So with CPS as 20% of the total student population, the real state averages without CPS are:

Self Funding: 71.3%
State Funding: 22.8
Federal Funding: 5.9
Funding Per Student 12.2k

CPS really skews the numbers with about 20% of the students in the state.

392k students in CPS out of a state enrollment of 2 million. That is almost exactly 20%

When you compare CPS to the other 80% of the state, the disparity in funding is even more apparent.

Fewer funds are going to non CPS districts compared to what CPS gets and CPS spends even more per student compared to non CPS districts.

Therefore, your real estate taxes must be higher because the state is likely not sending your district the same sheer volume of money per student compared to CPS.
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#4532812 - 10/03/17 09:29 AM Re: Property taxes [Re: jay929]
CELICA_XX Offline


Registered: 11/28/08
Posts: 861
Loc: Oklahoma
We all know the government does a wonderful job in almost every endeavor.

We need to band together and give them more money so they can do an even better job next year.
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#4532814 - 10/03/17 09:30 AM Re: Property taxes [Re: jay929]
14Accent Offline


Registered: 08/03/17
Posts: 392
Loc: MN
They went UP $2k??? Good lord I don't even pay that per year! And I live 5 minutes from downtown Minneapolis!
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#4532818 - 10/03/17 09:34 AM Re: Property taxes [Re: Alfred_B]
rshaw125 Offline


Registered: 08/18/04
Posts: 3259
Loc: Raleigh ,NC CSA
Originally Posted By: Alfred_B
It funds the schools. Why are you complaining -- don't want education for the children?


Except the results are mediocre at best compared to our competitors. We do not get value for the $$
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#4532842 - 10/03/17 09:54 AM Re: Property taxes [Re: rshaw125]
Alfred_B Offline


Registered: 05/12/15
Posts: 1968
Loc: America
Originally Posted By: rshaw125
Originally Posted By: Alfred_B
It funds the schools. Why are you complaining -- don't want education for the children?


Except the results are mediocre at best compared to our competitors. We do not get value for the $$


That's the American way.

Just look at our military -- $1 trillion+ spending every year and can't compete with an Afghan warlord with a 1985 AK-47.

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