My Assessed Value is Too High! 

Is Lake County Doing This to Collect More Property Taxes? 

Written by Ron Kingsley, LCA Tax Attorney and Owner 

Many clients believe that Lake County has something to gain by over-assessing properties…

That it will raise more property tax revenue if properties are over-assessed. Nothing could be farther from the truth! Lake County has nothing to gain by over-assessing properties. This is because Lake County determines the property tax proceeds it needs in a given year without regard to assessed values. It uses assessed values only to determine the amount of property taxes each property owner must pay to meet Lake County’s financial needs for the year. 

Lake County Appeal Believes that Pension Reform in Illinois Would Likely Reduce Property Taxes in Lake County.

FIXING ILLINOIS PENSION CRISIS BY AMENDING NATION’S MOST-RESTRICTIVE PENSION LAW IS LEGAL, EFFECTIVE

By Joe Tabor, IllinoisPolicy.Org

Illinois is home to one of the worst pension crises in the country. At 39% funded, according to the nonpartisan Pew Charitable Trusts, Illinois has the worst pension funding ratio of any state. By contrast, neighboring Wisconsin’s pension system is 103% funded. In fiscal year 2022, Illinois’ total gen­eral funds pension costs, includ­ing pension bond debt service, will consume $10.5 billion. That’s more than 25% of the state’s general revenues, and is just a fraction of the nearly $130 billion in total unfunded liabilities the state pension systems hold.

Why does so much of my property tax bill go to public schools? 

Written by Ron Kingsley 

LCA Tax Attorney and Owner 

As one can see on any property tax bill, public schools command the highest portion of the total tax rate. Our clients often get angry at Lake County for that, but it’s not the county’s fault…Article 10, Section 1 of the Illinois Constitution states, in relevant part, that “The State has the primary responsibility for financing the system of public education.”  

In fiscal year 2021, the State of Illinois funded only 26% of all Illinois school district revenue, while local funding accounted for 64.6% of these costs, and federal funding accounted for 9.4% of revenue.

 (Source: https://www.illinoisreportcard.com/state.aspx source=environment&source2=revenuepercentages&Stateid=IL). 



Stand up for your rights and join the fight!

Property owners have received their property tax bills for last year (2022).

You may be able to minimize your 2023 property tax bill

(payable next summer)!

It's Time For Property Tax Justice^® 

August Tasks to Wrap Up Summer

The dog days of summer are barking and Labor Day is just around the bend, signaling the end of yet another epic season in the sun. But before you give your flamingo pool float one last hurrah, take a break with some home maintenance prep for the changing season ahead.

We know what you’re thinking: It’s still summer, and you’re being a buzzkill! Why worry now about what you can do next month? Well, as it turns out, some home maintenance tasks are best tackled in August, before temperatures start dipping.

Don’t worry: We’re here to make all those chores as quick and easy on you as possible. With our handy checklist of home maintenance tasks, you can knock ’em out and be back to your barbecues and beach days in no time. If you want to read more, click the source link below.

Source: https://www.realtor.com/guides/your-monthly-guide-to-home-maintenance/accomplish-these-august-home-maintenance-to-dos/



Get Social With Us

Follow us on Facebook and Instagram to get all the latest information and coupon codes from Lake County Appeal.

Tell your friends and family they could benefit from a property tax reduction, and they too can receive special discounts!

"Share" us on Facebook and Instagram!

Summer Activities in

Lake County

HIGHWOOD'S EVENING GOURMET MARKET

Recognized as one of the best outdoor markets on the North Shore. Wednesday, August 30, 4:30-9:30 p.m.  Everts Park 130 Highwood Ave., Highwood.

GYPSY: A MUSICAL FABLE AT THE MARRIOTT THEATRE

This classic show tells the tale of the ultimate ambitious stage mother. Wednesday, August 23 - Sunday, October 15. Marriott Theatre in Lincolnshire.

MUSIC ON THE ESPLANADE AT CHICAGO BOTANIC GARDEN

Watch the sunset, and unwind with live music on the Esplanade. Music events are free; regular parking and Garden admission fees apply for nonmembers. Wednesday, August 30, 6-7:30 p.m.

OUTDOOR MOVIE NIGHTS AT DEER PARK TOWN CENTER

Bring the family, your blankets, and lawn chairs to enjoy free movies under the stars at Deer Park Town Center. Grab takeout from Deer Park restaurants & enjoy it at the event. Every Friday through Friday, September 8, at 6 p.m. at Deer Park Town Center.

BRISTOL RENAISSANCE FAIRE

The Faire boasts a beautiful 30-acre site with open-air stages featuring Swordfighters, Minstrels, and Jesters. Each Saturday and Sunday, plus Labor Day Monday, Sept. 4 in Bristol WI.

LINCOLNSHIRE'S FOOD TRUCK LUNCH

Every other Thursday through September 28,

11 a.m.-1:30 p.m. Lincolnshire Corporate Center Parking Lot. 300 Knightsbridge Pkwy. Lincolnshire.

For More Lake County Events

Join the Fight for

Property Tax Justice!^®

Connect with us