Property Tax Rebate Decision Over-Ruled
Sunday, May 18, 2008
The State recently over-ruled a decision to withhold property tax rebates from Lake County residents who also qualified for the 2% tax circuit breaker. This will result in new rebate checks being mailed to all property tax payers who received a notice indicating that they weren’t entitled to a rebate. The checks are expected to be in the mail by late May. These rebates were authorized by the General Assembly during the 2007 session as a means to offset the impact of legislative actions including property value “trending” that resulted in rising property tax bills.