Latest News
02/28/2024
Treasurer's Office
Cook County Treasurer Pappas to honor Chicago Bear, actors at Black History Month celebration
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02/27/2024
Treasurer's Office
Pappas urges property owners to pay First Installment tax bills by Friday, March 1 due date
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02/13/2024
Treasurer's Office
Erika Maldonado to lead Spanish language outreach for Cook County Treasurer Maria Pappas
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02/08/2024
Treasurer's Office
Interest penalties slashed from 18% to 9% for homeowners who are late paying property tax bills
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01/29/2024
Treasurer's Office
Treasurer Pappas mails First Installment property tax bills to owners of 1.8 million Cook County parcels
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The Property Tax System
1. PROPERTY TAX BASE
The Assessor assesses all real estate located throughout the County and establishes a fair market value for each property.
2. APPEALS
Appeals are accepted and decisions reached on changes to a property’s assessment, classification, or exemptions.
3. PROPERTY TAX RATES
The Clerk determines the tax rates based on the levy ordinances passed by taxing agencies and applies the rates to the assessments received for the Assessor to determine the amount of property tax owed.
4. BILLING AND PAYMENT
The Treasurer mails out property tax bills and collects the money.
5. FUNDING OF LOCAL TAXING AUTHORITIES
The Treasurer distributes the money to over 2200 local taxing agencies, including the County, cities, schools and special districts.