We are delighted and proud to inform you that the Illinois Institute of Continuing Legal Education (IICLE) has just released an updated edition of a property tax publication by Franczek partners Ares Dalianis and Scott Metcalf in its 2024 Edition […]
Category: Property Tax
Illinois Supreme Court Rules that Payment of Property Taxes Is Not Required to Pursue a PTAB Appeal
May 28, 2024
On May 23, 2024, the Illinois Supreme Court issued a highly anticipated ruling on whether a taxpayer is required to pay its property tax bill before pursuing an appeal at the Property Tax Appeal Board (PTAB). In Shawnee Community Unit […]
Franczek Attorney Jennifer Dunn Named Notable Leader in Employment and Labor Law by Crain’s Chicago
November 21, 2023
Franczek P.C. is pleased to announce that partner Jennifer Dunn has been recognized as a Notable Leader in Employment and Labor Law by Crain’s Chicago Business. Crain’s is honoring 40 Employment and Labor attorneys for their demonstrated legal skills; dedication to their clients; and […]
Hospital Charitable Tax Exemption Upheld by Illinois Appellate Court
September 12, 2023
Last month, in the case Carle Foundation v. Dept. of Revenue, the Fourth District Court of Appeals issued its latest decision regarding hospital property tax exemptions. The Court upheld a trial court judgment awarding the Carle Foundation Hospital system charitable […]
2022 Cook County Equalization Factor Released
September 6, 2023
Today the Illinois Department of Revenue released the 2022 Cook County equalization factor. The 2022 factor (sometimes referred to as the multiplier) is 2.9237. The tentative factor released in June was 2.7230, so the final factor is 7% higher than […]
On Tuesday, the Illinois Department of Revenue released the final 2021 Cook County equalization factor. The factor (sometimes referred to as the multiplier) for 2021 is 3.0027. The tentative factor released in June was 2.7297 so the final factor represents […]
Governor signs Bill Amending PTELL and School Code on Several School Finance Provisions
May 25, 2022
On Monday Governor Pritzker signed into law Public Act 102-0895 (Senate Bill 1975) creating Section 18-190.7 of the Property Tax Code, which modifies how certain school districts and other units of local government can approve a levy below the maximum […]
Franczek partner Scott Metcalf was invited by Crain’s Chicago Business to submit an editorial for its May 2, 2022, Property Tax Reform forum. The piece, which is available in the print edition and to subscribers online, addresses the differences in […]