An important note for anyone you know who purchased a new home in 2007 or 2008.
The Cook County Assessor mailed out 2008 Taxpayer Exemption Applications last week. Exemptions reduce a property's "equalized value", which in turn lowers the overall property tax bill. More details about the various exemptions can be found on my web site, and on the County Assessor's site.
Forms were mailed to anyone who purchased a home in 2007 or 2008, or who did not claim exemptions for 2007. Applications can also be down-loaded here.
Please contact me if you have any questions about claiming these tax exemptions or filing "certificates of error" to correct mistakes on older tax bills.