Saturday, September 19, 2009

Daily Herald | Grayslake group look at challenging property tax process

Interesting article about Grayslake’s Citizens Action Project. 

But assessments are only half of the equation regarding property tax mills, Minsky said.

The other half is the tax levy, the amount of money each school district requests from property taxes.

When the assessed value of property goes down, the tax rate needs to go up to raise the same amount of money for the school district.

Minsky said their mission is to assure the way local entities arrive at their calculations is fair and open

Daily Herald | Grayslake group look at challenging property tax process

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