Facing south suburban august 30 2017

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Week of August 30, 2017 Vol 36 • No 42 • www.thechicagocitizen.com

Church

Weekly

WEEKLY INSPIRATIONS FROM REV. DR. DERRICK B. WELLS, SENIOR MINISTER OF CHRIST UNIVERSAL TEMPLE

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South Suburban

Audit Bureau of Circulation ABC AUDITED

Member

BUSINESS

BUSINESSES SEEK GUIDANCE ON HEALTH PLAN ‘AFFORDABILITY’ AND ‘ACCESS’ P4

INSIDE THIS EDITION IS A COPY OF THORNTON TOWNSHIP REAL ESTATE ASSESSMENT LIST

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his issue of the South Suburban Citizen, distributed in the Township of Thornton, contains a 200-page supplement of the Real Estate Assessment List for Thornton Township. This list is prepared by the Cook County Assessor’s Office (CCAO), under the direction of Assessor Joseph Berrios. The Assessor does not set tax rates, levies or the State of Illinois Equalizer nor does he decide the dollar amount of your tax bill. Tax rates and levies are determined by municipalities and other local taxing bodies such as school districts. The Assessor’s only job

is to determine the estimated market value of your property, based on an analysis of sales of comparable properties in your neighborhood and area. That analysis is done every three years (triennially). “Assessed Value” (AV) is the portion of market value to which the State Equalizer and local tax rates are applied. Under State and County law, AV for residential property is 10 percent of market value and AV for industrial/commercial property is 25 percent of market value. Thus, business properties in any area ease the tax burden on residential properties there. Naturally,

> SEE MORE ON PAGE 2

Cook County Assessor Joseph Berrios Photo by Patrick Hickey

GOVERNMENTAL AFFAIRS

CELENDAR

AMERICORPS FUNDS NOW AVAILABLE FROM SERVE ILLINOIS

RESORT PLANS ACTIVITIES TO HELP CELEBRATE LABOR DAY

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www.thechicagocitizen.com • 52 years of serving the Black community


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