By: Diane Benjamin Keep in mind voters were scared into giving Unit 5 the right to increase tax rates. The below is using the rate Unit 5 charged property owners in 2022. They now have the right to charge you much more regardless of how much the assessed value of your property increased. The below […]
By: Diane Benjamin Get ready for your PTAX-228 Notice of Assessment Change. Sit down before you open it! Thanks to the housing shortage prices have been rising fast. It doesn’t matter if you aren’t selling your house – this notice will reflect the prices of other houses that sold for inflated prices. I hear you […]
By: Diane Benjamin This WGLT article is pretty accurate in describing the contentious all day Council meeting Friday. https://www.wglt.org/Normal-Town-Council-Works-Through-Trust-Issues-Contentious-Retreat The bottom line is the elites on the Council don’t appreciate Stan Nord and Karyn Smith actually doing what they campaigned to do! (sound familiar?) Isn’t that what voters expect politicians to do? (How many actually […]
By: Diane Benjamin It gets harder and harder to see any fairness in how properties are assessed for property tax purposes. If some properties are under assessed, your bills are higher to compensate. Every property owner should protest if their assessment isn’t right. Evidently we need a way to protest the assessment of other people’s […]
By: Diane Benjamin If you didn’t receive your new assessment in the mail today, you probably will tomorrow. Property values are dropping all over the County. If your house will never sell for the Fair Cash Value reflected, you must protest now. Time is very limited! You can look up what properties like yours have […]
By: Diane Benjamin https://www.point2homes.com/US/Commercial-For-Sale/IL/Bloomington/Downtown-Bloomington/602604-N-Main/51134568.html The building is owned by downtown supporter Mike Manna. Is he fleeing? One caveat: The taxes listed are on a much lower Assessed Value: $93,787 http://mcleanil.devnetwedge.com/view/RE/21-04-178-016/2017 Multiply that by 3.33 and it is supposedly the value of the building. That would be $281,361. Is the asking price too high or the […]
By: Diane Benjamin Since a few people on the council think the remaining brick streets need to be saved, the Council will hear how much it will cost at the Special meeting. This is the 10 year projection: PDF page 76 http://www.cityblm.org/Home/ShowDocument?id=14866 I added the zeros the presentation conveniently leaves out. When the eventual ordinance hits […]
Update: FOIA filed. Locust has to do with an ISU land swap from 2015. By: Diane Benjamin The video of last night’s Normal Town Council says it’s 10:23 minutes. The meeting doesn’t start until 6:48, so the actually meeting was less than 4 minutes. See the video here: https://www.youtube.com/watch?list=PLNC0lO-kCBYjaSv4sZ4udZFRwMu8bwYGr&v=3XAyHvlFBKE Start the video around 6 minutes […]
By: Diane Benjamin Budget numbers for 2016 and 2017 are from the City website: http://www.cityblm.org/index.aspx?page=21&parent=37 All other numbers are from the Illinois Comptroller’s office at the link below. If your assessed value just increased significantly – look at the EAV (Equalized Assessed Valuation) The housing market crashed in 2008, in Bloomington it crashed in 2013. […]
By: Diane Benjamin Property values dropped in 2008. Some parts of the country got hit worse than others. Bloomington wasn’t really hurt too bad. So how did the value of the Pantagraph building drop A Lot? On 2005 the building was assessed for $958,778. In 2013 the building was assessed for $400,000! The real value of […]
