2.1 Property Tax Reform

2.1 Support collaborative efforts to reform Cook County’s property assessment and taxation system to promote equity and fairness and reduce the racial wealth gap.

Lead Department: Office of the President

FY24 Highlighted Accomplishments:

• Conducted research with the Chicago Metropolitan Agency for Planning (CMAP) and the University of Illinois at Chicago’s (UIC) Government Finance Research Center on commercial and industrial property incentives utilized throughout Cook County.
• Conducted research examining the valuation practices and procedures for the Assessor’s Office and the Board of Review.
• Hired and onboarded a Project Manager.

Implementation Status: On track – meaningful progress advanced