tag:blogger.com,1999:blog-532215181662264487.post6543919677841949851..comments2023-10-31T08:43:03.610-07:00Comments on OrlandParker: Property taxes skyrocket -- local fees quietly increase tooRay Hananiahttp://www.blogger.com/profile/03268228482144027190noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-532215181662264487.post-6500302947993499132008-11-19T18:44:00.000-08:002008-11-19T18:44:00.000-08:00Government spending increases and comes from your ...Government spending increases and comes from your property taxes ... if government spending increases, the levy has to increase in order to take more money from you. Even if you properties show an increase over three yearsm, the fact is natural growth in additional homes in the suburbs would create new revenues to off-set modest spending needs, but the excessive increases and spending force the government to take more. The truth is instead of increasing taxes with increased assessments, the actual tax COULD GO DOWN even with increased assessments if governments like Orland Park and Chicago spend less.<BR/><BR/>That's a fact.<BR/><BR/>thanks<BR/>Ray HananiaRay Hananiahttps://www.blogger.com/profile/03268228482144027190noreply@blogger.comtag:blogger.com,1999:blog-532215181662264487.post-2116021054838539832008-11-18T08:55:00.000-08:002008-11-18T08:55:00.000-08:00your explanation of property assessments from Jim ...your explanation of property assessments from Jim Houlihan's office is wrong. your assessment is based on your homes market value. the assessor looks at 3 years of sales (in this case, 2005, 2006, and 2007). you are right the current market doesnt support an increase but the last three years may. the local levies then determine what your tax bill is. your piece of the pie is based on the assessment, but if everyone in orland went up 20 percent, and the levies asked for the same amount as they did last year, your tax bill would stay the exact same.avidreaderhttps://www.blogger.com/profile/12156437428584286348noreply@blogger.com