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Tag Archive | "property tax"

Village Board: Unanimous Vote to Approve 1.2 Percent Tax Levy Increase For Arlington Heights Property Taxes

The Village Board of Arlington Heights voted a smaller tax levy increase than proposed one week ago. A 1.2 percent increase for a home valued at $300,000, would bring a $12 increase to the 2013 property tax bill. The increase is about half the cost of the $20 increase trustees unanimously approved at the Committee […]

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Schaumburg Village Board Planning to Lower Tax Levy and Drop Garbage and Vehicle Sticker Fees

Tax reduction by Schaumburg officials is the plan — ever since November 2009 Schaumburg officials warned that a property tax was needed to counter a deficit of over $17.5 million. When the property tax was instated, Schaumburg officials promised to reverse the property tax when officials first established it last year to brace against the […]

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Sen. Matt Murphy Introduces Property Tax Legislation So Voters See the Bill Before the Election

PALATINE, IL – As part of his ongoing efforts to protect Cook County property taxpayers, State Senator Matt Murphy (R-Palatine) has introduced legislation to ensure that second installment tax bills are mailed out no later than October 1, 2010. “I am concerned about allegations of a politically motivated plan to delay sending out this year’s […]

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FOXNews Live from Woodfield in Schaumburg: Village Debt Blamed on Sales Tax Slump

FOXNews television crews and reporter Steve Brown at Woodfield Mall about 9:45 a.m. covering sales slump/municipal property tax report. For years the village doesn’t charge property tax because it has relied on sales tax, especially from Woodfield Mall. A shopping slump is blamed for a deficit over $17.5 million that could lead to a municipal […]

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