Candidate Filing for March 2014 Underway
Monday, November 25 was the first day for candidates to file petitions for the March 18, 2014 General Primary election. The county building lobby was busy at 8 am Monday as candidates jockeyed to be first on the ballot. A list of candidates who have filed is posted here. As additional candidates file, the names will be added to the list online.
Filing continues in the Lake County Clerk’s office through December 2, 2013 at 5 pm. The offices to be nominated at the General Primary Election include County Clerk, Sheriff, Treasurer, Regional Superintendent of Schools, County Board Members Districts 3, 6, 8, 9, 10, 17 and 19, and North Shore Sanitary Trustees Districts 3 and 5. Precinct Committeemen for the two major political parties and City of Lake Forest Aldermen will be elected at the General Primary Election.
The 2014 Candidate’s Guide and 2014 Election and Campaign Disclosure Calendar are available at www.elections.il.gov. Courtesy petition packets are available from our office.
2012 Property Tax Sale
The sale of tax liens for unpaid 2012 property taxes took place November 18th and 19th this year. The $18,770,059 in tax liens were sold, on 3,909 parcels. The amount of unpaid taxes sold has been decreasing every year since the 2008 taxes sale in 2009, when a total of $28,806,786 on 5,381 parcels went to sale.
This annual tax sale allows local units of government to meet their budgets and keeps their loss in collection ratio under 1%. Owners of property with sold taxes have a minimum of 2 years after the date of the sale to pay off, or “redeem,” the delinquent taxes before they could lose ownership of the property. You can view the new tax sale information online at LakeSoldTaxes.info or call (847)377-2286 for more information.
Election Information – Anywhere – Anytime
The Clerk’s QR code makes it easy and simple for Lake County residents to find personalized election information by linking smart devices to the Voter Power web page. After entering name, house number, zip code, and birthday on the landing page, each registered voter is shown their current districts and elected officials. Web visitors will also find addresses, photos, maps, and driving directions of their early and Election Day voting sites. Data transmission is via a secure page and is not stored or collected.
Facts About Your Real Estate Tax Bill
Here are some interesting stats about the process:
- Property values in Lake County dropped a total of 6.88% in 2011. The declines range from a drop of 3.3% in Libertyville Township to 13.8% in Waukegan Township. These numbers reflect a drop in property value after applying the state multiplier.
- Lake County’s state multiplier was +2.81%. The multiplier is a countywide factor issued by the IL Department of Revenue to “balance out” any over- or under-assessments, meaning everyone’s assessed value, before exemptions, was increased by 2.81%.
- The state multiplier affects every parcel in Lake County (except for farm land), yielding almost no effect on the tax bills, as taxes are only affected by changes in value relative to surrounding properties. The only properties affected are those in districts overlapping into another county with a different multiplier.
- There is a common misconception that if property values drop, taxes will drop. Property value is only half of the equation. The other half is tax levies set by districts.
- The statutory “tax cap” rate is designed to float inversely to property values. As values go down, rates go up, to ensure district tax revenues remain stable (regardless of property value changes) unless a district lowers its levy below their limit.
- No district was forced by statutory limits to receive less money than last year, but 40 districts abated their levy sufficiently to fall below their 2010 tax amount.
For more information on property taxes, watch the May A Word With Willard
and these two videos, How is Your Tax Rate Calculated?
and Declining Property Values