Property Taxes

[gmg77]

Ive never contested the bill, but I remember the last letter that came with the bill warning that the housing bubble and appraisals will not necessarily effect what you owe. The city still has bills and now days more bills than ever before so they wont likely to tax you less in the net few years even if your value has dropped. Kinda lame huh?

I would look at similar houses on the internet and do a comparison

http://www.lakecountyil.gov/Assessor/Ass...ddress.htm

If you have the same lot size/house type as your neighbors and they pay less, petition an adjustment.