Latest News
12/05/2016
Treasurer's Office
Many Cook County Pension Funds Have More Retirees Collecting Than Workers Paying in, Pappas Says
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10/11/2016
Treasurer's Office
Notices for $449.5 Million in Unpaid Taxes Sent to Owners of More Than 136,000 Properties Across Cook County, Pappas Says
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09/19/2016
Treasurer's Office
Pappas Urges 15,865 Owners To Pay Back $56 Million in Sold Taxes to Avoid Losing Homes and Other Property
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06/30/2016
Treasurer's Office
Property Tax Bills Have August 1 Due Date, Cook County Treasurer Maria Pappas Says
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01/25/2016
Treasurer's Office
Debt of Governments Listed on Property Tax Bills, Treasurer Maria Pappas Says
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The Property Tax System
1. PROPERTY TAX BASE
The Assessor assesses all real estate located throughout the County and establishes a fair market value for each property.
2. APPEALS
Appeals are accepted and decisions reached on changes to a property’s assessment, classification, or exemptions.
3. PROPERTY TAX RATES
The Clerk determines the tax rates based on the levy ordinances passed by taxing agencies and applies the rates to the assessments recieved for the Assessor to determine the amount of property tax owed.
4. BILLING AND PAYMENT
The Treasurer mails out property tax bills and collects the money.
5. FUNDING OF LOCAL TAXING AUTHORITIES
The Treasurer distributes the money to over 2200 local taxing agencies, including the County, cities, schools and special districts.