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First sight Feb 26, 2024 UTC
Last successful check Dec 8, 2024 UTC
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Software Mastodon 4.2.10
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Short description
West Dundee, Kane county, Illinois homeowners are invited to detail and document the forces behind property tax increases. Read more at
https://theron.kane-il.us
Long description
In Illinois, property taxes have been a growing burden on taxpayers. Over the past 50 years, property taxes have increased at a rate that far outpaces residents’ ability to pay. They have grown 2.5 times faster than inflation and 14 times faster than the state’s population. Specifically, residential property taxes have risen 76 percent as a percentage of median household income. This trend has resulted in Illinois having the second-highest average effective property-tax rate in the nation, at 2.32 percent.
The complexity arises from the state’s nearly 7,000 local government districts with the power to levy property taxes, which is more than any other state. These entities range from airport authorities to forest preserves to fire-protection districts, and their layered taxes contribute to the overall property-tax bill, making it both more expensive and less transparent for taxpayers.
For Kane County, the situation is also challenging. The county is among the top 25% of counties in the United States ranked by property tax collections. It is ranked 5th in Illinois by median property taxes and 7th by median tax as a percentage of home value. Kane County collects very high property taxes, and the average homeowner pays $6,904 in property taxes, which is higher than the state average of $5,405.
The primary driver of property-tax growth in Illinois, including Kane County, has been the funding of schools, which constituted 63 percent of all property taxes in 2013. This reliance on property taxes for school funding, combined with the complex structure of local government taxing districts, contributes to the complexities and high rates that residents face.
Positive changes in these trends will commence once we master the ability to monitor, record, and disseminate information regarding the approximately 7,000 taxing entities across the state.
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Instance rules
- Keep Focus: You shall come here to read and post about taxation - do not distract.
- No Rants: Do not repeatedly revisit the same opinion or experience.
- Mute or Block: You shall be an adult over 18 years of age who knows how to silence the unruly.
- Contribute: You are greatly encouraged to become an owner-operator of your field(s) of interest.
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Date of creation Dec 5, 2023 UTC
Display name Sandor Kunyik
Bio
West Dundee, Kane county homeowner and registered voter. Active in civic (non-political) events, GNU/Debian root, works with environmental regulations in the manufacturing sector, 3D printing and machining enthusiasts. Advocates for self-training in STEM, Web2 to Web3 transitioning, blockchains and DeFi, and building a data-center in all 3100 plus US counties owned and operated by the residents.
Statistics
Last 12 weeks activity (totals: 0 statuses, 0 logins, 0 registrations)
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Last checks (green: OK; red: KO)
12/1/24, 3:58:45 AM UTC | 12/2/24, 2:45:14 AM UTC | 12/3/24, 2:34:05 AM UTC | 12/4/24, 3:05:05 AM UTC | 12/5/24, 2:53:05 AM UTC | 12/6/24, 4:21:28 AM UTC | 12/7/24, 4:18:49 AM UTC | 12/8/24, 2:54:02 AM UTC |
Succesful checks: 286/286 (100%)