property-taxes

The typical Evanston homeowner is likely to see a property tax bill increase this year.

Cook County Clerk David Orr released his annual property tax rate report today. It shows that the tax rate for most Evanston homeowners will increase by 10.93 percent this year. But the assessed value of property in the north suburbs has declined by an average of 7.64 percent.

That means the average tax bill in Evanston should increase by about 2.5 percent.

Of course the actual difference in your bill will vary, depending on the change in the assessed value of your home and the size of your homeowner’s exemption.

The City of Evansston increased its property tax rate by 8 percent this year, once the new library fund levy is added into the mix.

School District 65 increased its rate by 11.75 percent. Evanston Township High School raised its rate 11.98 percent.

Second installment property tax bills, showing the total amount due for the year, are scheduled to arrive in homeowners’ mailboxes on schedule around July 1. It’s the second year in a row that the bills will be delivered on time, after many years in which the county failed to meet the delivery schedule.

Related document

2012 Tax Rate Report

Bill Smith is the editor and publisher of Evanston Now.

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