The Dashboard, the First of Its Kind for the Board of Review, Displays Property Value Corrections and Reductions Across District One For Tax Years 2020 – 2024
In a step toward greater transparency and accessibility, Cook County Board of Review Commissioner George Cardenas (D-1) launched a “Tax Years 2020 – 2024 Cook County Board of Review District One Appeal Results” dashboard displaying District One townships’ property values and results for those who appealed the overassessment of their property to the Cook County Board of Review between tax years 2020 – 2024. “The goal for our dashboard is to continue making the results of our work more accessible to the public,” said Cook County Board of Review Commissioner George Cardenas. “Due to a variety of factors, we’ve seen property values and the accompanying property tax bills on the rise. It’s critical the public knows that we have helped – and will continue to help – taxpayers who appeal the overvaluation of their property to our office.” Key indicators from tax year 2024, the most recent tax year, include:
– The Board of Review reduced residential property value in District One communities by 3.53% while reducing commercial and industrial property values by 14.56% so far in tax year 2024 amidst record-high commercial vacancy rates
– Of the appeals that have been reviewed to date, 59.47% of District One residential appellants who appealed on their own behalf received reductions, totaling over $17.5M in reduced assessed value
Final results for the remaining townships will not be available for tax year 2024 until the Board of Review finishes reviewing appeals and certifying its results. Tax Year 2024’s District One results will be updated on a rolling basis in the dashboard as each township’s results are certified by the Board of Review. Visit www.cookcountyboardofreview.com/GeorgeCardenas and select “View Our Data Dashboard” to explore the dashboard, and other dashboards to follow.
Photo Credit: Office of Cook County Board of Review Commissioner George Cardenas
