A report from an outside consultant released today says Cook County’s residential property tax assessment system favors the north suburbs and residents with more expensive homes.
The report from the Civic Consulting Alliance was commissioned by County Board President Toni Preckwinkle and Assessor Joe Berrios after a Chicago Tribune report that claimed the residential assessment system is biased against minorities.
The Civic Consulting Alliance study suggests substantial reforms are needed to bring the county’s assessment system in line with national norms.
The study finds that assessments in Evanston are not as accurate as they should be — but that the deviance from norms is far smaller here that in many south suburban townships.
Also, because owners of high-priced homes are much more likely to appeal their assessments than owners of low-priced ones, and appeals have a high likelihood of success, it’s not clear whether reform would would bring any tax savings to most Evanston homeowners.
But it might at least eliminate the need to go through the drill of filing frequent appeals.
How Cook County tax system shafts the little guy (Chicago Business, 2/15/18)
Berrios property tax assessments for Cook County homeowners are flawed and unfair, study confirms (Chicago Tribune, 2/15/18)