Amidst the current crisis, Illinois property taxes have been impacted by both legal and procedural changes.
In late May 2020, the Illinois General Assembly passed SB685 allowing counties to provide property tax relief by extending property tax payments up to 120 days.
Legislation has automatically renewed homeowner exemptions (ex. Senior Citizen Homestead Exemption, Senior Citizen Assessment Freeze Exemption) for … Read More ›
Board Members and property managers are looking for guidance through these historic times. Board Members need to continue to serve their Indiana communities as they are needed now more than ever with the ever-shifting economic climate. As we continue through this unprecedented journey, below are four factors to keep in mind.
1. Board Obligations
Given the current … Read More ›
On Tuesday April 5th, 2020, Illinois Governor J.B. Pritzker announced a plan to begin reopening the state while addressing the continued impact of the novel coronavirus. “Restore Illinois” is a five-phase procedure that will allow certain regions of the state to reopen ahead of others.
As of the publishing of this article, Illinois is currently in Phase … Read More ›
On Friday, May 1st, Governor Holcomb issued Executive Orders 20-25 and 20-26 extending the State of Emergency to June 4th and allowing many Indiana counties to begin opening. For most, the stay at home mandate has partially lifted; however, Marion County, Lake County, and Cass County are still under lockdown until May 15, 2020. Executive … Read More ›