Palos Township to Hold Property Tax Reassessment Workshop
Palos Township to Hold Property Tax Reassessment Workshop (Palos Township, IL) — Did your property tax assessment go up? Palos Township’s Proposed Assessments are rising 40 percent in this year’s Suburban Cook reassessment, and residents only have a few more weeks to file an appeal. The Board of Review is open for pre-filing for Palos Township and Suburban Cook taxpayers. Cook County Board of Review (BOR) Commissioner George Cardenas and Palos Township Assessor Robert Maloney have added an Assessment and Flooding Appeal workshop on Thursday October 19th from 5-7 P.M. Taxpayers may appeal their assessment for free with the BOR every year. The BOR independently hears assessment appeals and has the authority to change assessments as a check and balance to the Cook County Assessor’s Office.
The workshop will be held at Palos Township Hall (10802 S Roberts Rd. Palos Hills) and will provide an opportunity for homeowners to appeal their property assessment and flooding damage and potentially lower their property tax bills. For tax year 2021, 537,000 of Cook County’s 1.8 million Property Index Numbers (PINs) were appealed and 51 percent of individual residential filers saw reductions in their assessments. The only requirement for a taxpayer to appeal a property assessment is a completed complaint form filed before the township appeal period closes.
Taxpayers will also have the option of filing a complaint online at www.CookCountyBoardofReview.com.
After facing historic flood damage, particularly in the Western suburbs and neighborhoods of the city, many Cook County residents may be eligible for a reduction in the assessed value of their property due to President Biden’s August 15th disaster declaration. To have flood damage considered in an appeal, taxpayers must file the PTAX 245 form by the normal appeal deadline.
“I am committed to ensuring that everyone who has suffered property damage from this historic flooding knows what their rights are, and what resources are available to them,” said Commissioner George Cardenas, Chairman of the Cook County Board of Review. “These forms and processes are in place to support the hardworking home and business owners across our communities who were impacted by these storms, and we encourage any Cook County resident who was affected to use the tools available to them to file for a reduction in the assessed valuation of their property.”
Along with the PTAX 245 form, residents will need to provide a description of the damage that occurred, the dates it occurred, the estimated date of completion of rebuilding, and any relevant documentation including photographs, insurance reports, building permits and occupancy certificates.
Palos Township Reassessment Appeal Event
Chance to Appeal Proposed Reassessment and Flooding Damage
Thursday October 19th
5:00 P.M. – 7:00 P.M.
Palos Township Hall
10802 S Roberts Rd.
Palos Hills, IL 60465
Palos Township to Hold Property Tax Reassessment Workshop
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