Taxation
Property Taxes Focus of Crain’s Op-Ed Penned by BOMA/Chicago Executive Director Farzin Parang
Property Taxes Focus of Crain’s Op-Ed Penned by BOMA/Chicago Executive Director Farzin Parang BOMA/Chicago Executive Director, Farzin Parang, recently authored an opinion piece on property taxes that was published in Crain’s Chicago Business, “Property Taxes Don’t Have to Be a Zero-Sum Game. The text of the letter is below. Property Taxes Don’t Have to Be a…
Read MoreBOMA/Chicago Board and Taxation Committee Meet with Assessor Candidate Kari Steele
BOMA/Chicago Board and Taxation Committee Meet with Assessor Candidate Kari Steele Members of BOMA/Chicago’s Board of Directors and Taxation Committee met with Metropolitan Water Reclamation District Chairman and Cook County Assessor candidate, Kari Steele this week. Chairman Steele is running against incumbent Assessor Fritz Kaegi, who is serving his first term. During his first term…
Read MoreBoard of Review Candidate George Cardenas Meets with Taxation Committee
Board of Review Candidate George Cardenas Meets with Taxation Committee 12th Ward Alderman and Board of Review candidate, George Cardenas, met with members of the Taxation Committee in November. Alderman Cardenas is running against incumbent Democratic Board of Review Commissioner Tammy Wendt, who is serving her first term. Alderman Cardenas spoke about his experience and…
Read MoreBOMA/Chicago Actively Involved with BID Legislation
BOMA/Chicago Actively Involved with BID Legislation BOMA/Chicago has been a member of a City of Chicago steering committee to draft legislation that would enable the creation of business improvement districts (BID) across the state. Illinois is one of only five states in the country that do not have such legislation. Our Association’s task force emphasized…
Read MoreBOMA/Chicago Continues to Meet with Editorial Boards on Property Taxes
BOMA/Chicago Continues to Meet with Editorial Boards on Property Taxes BOMA/Chicago continues to partner with the Chicagoland Chamber of Commerce, the Illinois Retail Merchants Association and Locals 150 and 399 of the International Union of Operating Engineers to meet with editorial boards of major newspapers across the Chicagoland area. As BOMA/Chicago works to educate elected…
Read MoreBOMA/Chicago Continues Push for Property Tax Transparency Measure This Fall
BOMA/Chicago Continues Push for Property Tax Transparency Measure This Fall In our continued mission to advocate for greater transparency in the Cook County Assessor’s Office, BOMA/Chicago plans to re-introduce a measure this fall that would provide greater property tax transparency. The need for this measure became even more apparent after the Cook County Assessor aggressively…
Read MoreBOMA/Chicago Meets with Sun-Times, Daily Herald Editorial Boards on Property Tax Reform
BOMA/Chicago Meets with Sun-Times, Daily Herald Editorial Boards on Property Tax Reform BOMA/Chicago has teamed with the Chicagoland Chamber of Commerce, the Illinois Retail Merchants Association and Locals 150 and 399 of the International Union of Operating Engineers to meet with editorial boards of major newspapers across the Chicagoland area. As BOMA/Chicago works to educate…
Read MoreBOMA/Chicago President Derrick Johnson Testifies in Opposition to Data Exposure Legislation
BOMA/Chicago President Derrick Johnson Testifies in Opposition to Data Exposure Legislation April 7, 2021 BOMA/Chicago President Derrick Johnson appeared at the Illinois House Property Tax Subcommittee on April 1 to testify in opposition to House Bill 860 and House Bill 3529. The legislation, being forwarded by the Cook County Assessor’s Office, would mandate all…
Read MoreBOMA/Chicago Taxation Committee Invites Assessor Kaegi to Meet
BOMA/Chicago Taxation Committee Invites Assessor Kaegi to Meet April 5, 2021 Committee Advocates for Greater Transparency and Fairness Given Tax Burden Shift onto Commercial Properties during Recession BOMA/Chicago’s Taxation Committee hosted Cook County Assessor Fritz Kaegi at its meeting on Tuesday, March 30. Topics discussed included the Assessor’s data exposure legislation, Cook County’s unique…
Read MoreTake Action: Oppose Legislation That Would Result in Higher Commercial Property Taxes
Take Action: Oppose Legislation That Would Result in Higher Commercial Property Taxes March 23, 2021 BOMA/Chicago is opposing two Illinois House Bills being advanced by Cook County Assessor Fritz Kaegi that we believe would negatively impact commercial office properties and our ability to recruit jobs and investment to our local economy: HB 860 and HB…
Read More