Thorny Property Politics: Cook County’s 2018 Democratic Primary for Assessor
By Amanda Kass | Assessors play an important role in the property tax process in the United States. A homeowner’s taxes are based on the estimated value of their home, and that estimate is made by the assessor. If an assessor over- or under-values a property, then the homeowner will be over- or under-taxed. Over-taxation can produce a cascade of negative consequences, including foreclosure for failure to pay property taxes, while cities want to maintain high collection rates. Read More