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	<title>Taxing Issues - Property Tax Blog &#187; Cook County Property Taxes</title>
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		<title>Cook County 1st Installment Property Tax Calculation Has Changed</title>
		<link>http://intlappraisal.com/blog/2009/cook-county-1st-installment-property-tax-calculation-has-changed/</link>
		<comments>http://intlappraisal.com/blog/2009/cook-county-1st-installment-property-tax-calculation-has-changed/#comments</comments>
		<pubDate>Tue, 18 Aug 2009 16:02:43 +0000</pubDate>
		<dc:creator>Brett Harrington</dc:creator>
				<category><![CDATA[Property Tax]]></category>
		<category><![CDATA[Cook County Property Taxes]]></category>

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		<description><![CDATA[1st installment tax bills in Cook County have historically been computed at 50% of the property taxes paid for the preceding year. With the passage of S.B. 2125, 1st installment tax bills will be computed at 55% of the preceding year&#8217;s tax bills. Taxpayers in Cook County will want to accrue accordingly.
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			<content:encoded><![CDATA[<p>1<sup>st</sup> installment tax bills in Cook County have historically been computed at 50% of the property taxes paid for the preceding year. With the passage of <a href="http://www.ilga.gov/legislation/fulltext.asp?DocName=&amp;SessionId=76&amp;GA=96&amp;DocTypeId=SB&amp;DocNum=2125&amp;GAID=10&amp;LegID=45049&amp;SpecSess=&amp;Session=">S.B. 2125</a>, 1<sup>st</sup> installment tax bills will be computed at 55% of the preceding year&#8217;s tax bills. Taxpayers in Cook County will want to accrue accordingly.</p>
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