Tax bill headaches hit Chicago
The second installment of the 2021 Cook County property taxes is expected to be delivered by Dec. 1, with a due date of Dec. 31. Why it matters: Technical problems and internal squabbles delayed the second installment this year from August to December. If property taxes are delayed into 2023, homeowners won't be able to write them off on their income tax.
Midland Mall owner owes $551,824.97 in delinquent property taxes
A delinquent property tax notice obtained by the Daily News from the county treasurer's office on Wednesday shows that Kohan owes $551,824.97 in 2021 property taxes. This includes the original tax assessment of $492,687.47 plus $59,137.50 in interest accrued since the taxes became delinquent on March 1, 2022.
Property tax bills expected to rise in Jasper County
A Jasper County leader is warning taxpayers to expect to owe more this year. Jasper County property tax bills go out next week, and property owners with vehicles can expect the total to be higher than they paid last year, something that's happening statewide. County assessor Lisa Perry points out those bills jumped as the cost of cars rose.
Montgomery County terminates tax abatement with Old Dominion Freight Line
Montgomery County commissioners approved a termination of a tax abatement for Old Dominion Freight Line's Conroe Industrial Park North building at an Oct. 25 Commissioners Court meeting. The company must pay a recapture amount of $106,512.35 by Oct. 31 to avoid further penalties, according to a document on the Oct. 25 meeting.
Data center tax revenue can be hard to predict
As argument swirls around proposed data centers in Prince William and Fauquier counties, both proponents and opponents can agree on one thing: They generate a ton of tax revenue. But exactly how much revenue would come from the proposed Prince William Digital Gateway in Prince William's “rural crescent,” or the 220,000-square foot-Amazon center proposed in Warrenton, is the subject of serious debate.
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