Village Of Skokie: Cook County Property Tax Information

Skokie IL

26 August, 2021

10:51 AM

Description

Press release from the Village of Skokie: August 25, 2021 In late August 2021, Skokie property owners received the second-installment tax bills for 2020. Due to the Village's now 31-year property tax freeze, the Village's portion of an average property tax bill is approximately 6.24 percent, down from 16 percent when the property tax freeze was first instituted in 1990. At that time, the Village's annual property tax levy was$15.4 million; due to strategic economic development and austere budgeting, the Village has maintained the property tax freeze ever since, with the annual property tax levy remaining $15.4 million. The  'dollar bill' tax allocation graphic shows, on top, the approximate per-property percentage of property taxes assessed by various entities in 1990, and the bottom graphic is adjusted to the 2020 tax bill allocation percentages.                                                                                                                                                                                      1990:                                                                                                                                                                                        2020: This press release was produced by the Village of Skokie. The views expressed here are the author's own.