Legislator urges leaders to focus on relief for Illinois’ high property taxes

Legislator urges leaders to focus on relief for Illinois’ high property taxes

Spread the love

(The Center Square) – With Illinois now being home to the highest property tax rates in the country, state Rep. Dan Ugaste is pushing legislation aimed at alleviating part of the load now being heaped on stressed out taxpayers.

New data highlighted by Illinois Policy Institute shows as recently as 2023, homeowners across the state paid an effective property tax rate of 1.83%, or in the neighborhood of $4,584 annually on a median-priced home of $250,000. Some argue high taxes are spurring a still ongoing exodus from the state as taxpayers seek refuge in places where rates are significantly lower.

“We’re driving ourselves in the ground and property taxes from what I hear is the number one reason people leave the state,” Ugaste, R-Geneva, told The Center Square. “We drive businesses out. We keep investment from happening. We are killing ourselves as a state.”

With most of the tax money being collected locally earmarked for local pension liability as opposed to essential services, Ugaste has introduced House Bill 9 as a potential solution. The legislation is crafted to set aside a part of the state budget for a grant fund to be given to school districts as part of a goal of lowering overall property taxes.

“We don’t need to be taxing our people at these rates in order to pay for good services,” he said. “We are wasting way too much money in this state. I have House Bill 9, which would have the state take over a lot of the school payments that property taxpayers are now paying without increasing state taxes. It would have saved $2.8 billion in property taxes this year and it would save $82.4 billion over approximately 21 years.”

Being home to rising sales and other taxes, and 3-in-5 Illinois residents agreeing in a recent survey that they don’t feel the value of public services they’re forced to pay for matches the high property taxes pay, Ugaste is urging more of them to fight back.

“They need to start holding elected officials responsible at the ballot box,” he said. “Voters need to start paying attention to what they’re spending and hold them accountable and insist they start reducing costs because we can.”

Over the last five years alone, data shows at least 420,678 now former residents left the state.

Events

No events

Leave a Comment





Latest News Stories

Trump’s former National Security Adviser criticizes Ireland for ‘cozying up to China’

Trump’s former National Security Adviser criticizes Ireland for ‘cozying up to China’

By Tom JoyceThe Center Square Former U.S. National Security Adviser Robert O’Brien sharply criticized Ireland’s growing political split from the United States and its deepening ties to China in a...
WATCH: IL lawmakers pass consequential bills early Halloween

WATCH: IL lawmakers pass consequential bills early Halloween

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop powers through on...
Trump calls on Senate Republicans to nuke filibuster

Trump calls on Senate Republicans to nuke filibuster

By Thérèse BoudreauxThe Center Square With the ongoing government shutdown now entering its second month, President Donald Trump has had enough: he wants Senate Republicans to end the filibuster. “Majority...
FBI: 'Potential' Halloween terror plot foiled; multiple subjects arrested in Michigan

FBI: ‘Potential’ Halloween terror plot foiled; multiple subjects arrested in Michigan

By Sarah Roderick-FitchThe Center Square The FBI says it thwarted a possible terror attack, arresting several individuals in Michigan, according to Director Kash Patel. “This morning the FBI thwarted a...

WATCH: Trick or treat: IL legislators pass tax increase, decoupling bill early Friday

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois taxpayers are waking up Halloween morning to tax increases after the conclusion of fall veto session...

Noem refuses Pritzker enforcement pause request, IL passes sanctuary enhancement

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Both the executive and legislative branches of Illinois government have made attempts to address federal immigration enforcement...

WATCH: Energy bill opponents say increases IL electric bills by $8 billion passes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois lawmakers have passed wide-ranging energy legislation, but opponents say it will lead to higher electricity bills....
WA Dems blame GOP for government shutdown; 1 million in state could lose SNAP benefits

WA Dems blame GOP for government shutdown; 1 million in state could lose SNAP benefits

By Carleen JohnsonThe Center Square U.S. Sen. Patty Murray, D-Wash., and Washington State Insurance Commissioner Patty Kuderer say it’s not Democrats, but Republicans, who are responsible for keeping the federal...
Illinois quick hits: IL taxpayers have highest pension debt obligations in U.S.

Illinois quick hits: IL taxpayers have highest pension debt obligations in U.S.

By Jim Talamonti | The Center SquareThe Center Square Report: Illinois taxpayers have highest pension debt obligations in U.S. According to a new Reason Foundation report reviewing over 300 public...
IL taxpayers to pay $20M for food banks as SNAP funding lapses start Saturday

IL taxpayers to pay $20M for food banks as SNAP funding lapses start Saturday

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois taxpayers are going to cover $20 million in food subsidies to food banks across the state....
Illinois quick hits: Corrections director appointment approved; Clean Slate Act passes

Illinois quick hits: Corrections director appointment approved; Clean Slate Act passes

By Jim Talamonti | The Center SquareThe Center Square Corrections director appointment approved After more than two years of being appointed, Latoya Hughes was approved by the Illinois Senate to...

WATCH: Clean Slate Act passes Illinois legislature despite opposition

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – The Illinois House has approved a Senate bill that modifies the Clean Slate Act to seal certain...
IL tax on billionaires’ ‘unrealized gains’ would face stiff constitutional test

IL tax on billionaires’ ‘unrealized gains’ would face stiff constitutional test

By Jonathan BilykThe Center Square While the provision may not ultimately be included in final legislation that Illinois Democrats ultimately enact to send hundreds of millions of dollars or more...
Illinois trucker: Deadly California crash exposes lawbreaking in trucking industry

Illinois trucker: Deadly California crash exposes lawbreaking in trucking industry

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – An Illinois trucking company owner says the deadly California semi-truck crash involving an illegal immigrant driver...
Massive AI supercomputing systems being built in Illinois, Tennessee

Massive AI supercomputing systems being built in Illinois, Tennessee

By Bethany Blankley | The Center Square contributorThe Center Square (The Center Square) – While the state of Texas and private investors are advancing artificial intelligence developments in partnership with...