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2019 Tax Rate Analysis

By the Numbers: Why increases in assessments don’t cause increases in tax bills

Although the CCAO does not calculate property tax rates (that’s the Cook County Clerk) or bills
(Treasurer), part of our mission is to make the property tax system more transparent. In Cook
County, assessment increases don’t cause tax bill increases​. Here’s why.
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A home in Evanston is in several taxing districts, including the ​City of Evanston . From 2018 to
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2019, the City of Evanston increased its extension (total property tax dollars billed) to fund
general operations. Because the City of Evanston’s property tax base (total taxable value, or
Equalized Assessed Value​ ) grew at a faster pace, however, its property tax rate went down.
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Property Tax ÷ Base: = Local
Extension Total Taxable Value Tax Rate

This is the same
for all properties.

2018 $42,713,120 ÷ $2,720,580,914 = 1.570%

2019 $48,496,259 ÷ $3,432,148,547 = 1.413%

+14% increase in the property +26% growth in EAV in this -10% reduction in the
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taxes levied to fund services. taxing district. property tax rate.
Below shows how these changes in the property tax rate and property values of an average
home and business affected the taxes paid by each to fund the City of Evanston.
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Median EAV x Tax Rate = Tax Paid
2018 $80,198 1.570% $1,259 +15% in property value &
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2019 $92,487 1.413% $1,307 +4% (+$48) in taxes.
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2018 $227,973 1.570% $3,579 +32% in property value &
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2019 $300,931 1.413% $4,252 +19% (+$673) in taxes.
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For a typical Evanston property owner, property taxes paid to the City of Evanston comprised
less than one-fifth of their total 2019 property tax bill. The majority of property taxes collected
from Evanston property owners fund local school districts.

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