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So, everyone's joining us. We'll give
everyone just maybe a minute to join on

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here since we just started the meeting.
It looks like we have about 350 360

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participants and that is rising.
We'll just give you a minute and then

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we'll go ahead and start

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when we get to 400.
screen. Oh, we're at 401. Okay,

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» we'll go ahead and get started. Um,
still hopping on, but that's fine.

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So, hello everyone. Thank you for
joining us today. This is our annual um

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appeal rules meeting where we'll go over
every go over everything for 2026, any

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changes that are being implemented. My
name is Angelina Romero. I am the chief

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communications officer here at the Cook
County Assessor's Office. I'm going to

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go over quickly um just for housekeeping
purposes a few things and then I'll kick

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it off to my team to introduce
themselves. But let me just go over um

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really quickly some housekeeping
and reminders. So um

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to let you know our recording which was
announced at the beginning and we will

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be posting or after the meeting's
finished we will be um this video will

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be accessible on our official appeals
rule page. So you'll be able to go back

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to it and access. We will also share the
presentation as well. You'll be able to

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download it. I know people always ask
can you share the presentation? Where

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can I can I find the recording? So,
it'll all be posted there hopefully by

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tomorrow. Just give us, you know, the
rest of the day. It's a long video to

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render. Um, but we'll have it posted
there as well as the PowerPoint and the

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New Year rules.
Um, what else? Oh, yes. Regarding

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questions, this is important. So, we're
not going to use the chat feature. If

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you want to ask the question, please use
the Q&A box. So, if you look down at the

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bottom of Zoom, oh, there's already two
questions. It says Q&A. It's a lot

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easier for us to track in the Q&A with a
check mark if it's been answered. Um,

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it's harder to keep track with the chat
lo the chat box. So, please ask your

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questions there. We will be answering
the questions at the end. However, we

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have two persons on here designated to
manage the Q&A um as much as they can

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during the meeting. However, at the end,
I'll be moderating the um Q&A and being

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uh Oh, everyone can't hear me.
I don't know what's wrong with my

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um Okay, one second. Hi.
Testing. How do I sound now?

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» About the same, but
>> Okay. So maybe Mike if you want to

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repeat what I just said about using the
um Q&A feature rather than the chat.

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» Yes. Um a primary uh feature of first of
all good morning everyone. primary

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feature of these um sessions we do every
year is the ability for you all to ask

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questions and uh we don't have the chat
uh feature abled but we do have a Q&A

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feature abled in which you can ask the
questions and we can provide the answers

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as best we can.
>> Okay, thank you. And then also can you

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hear me? If you could just remind them
that we will answer questions at the

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end. However, two assigned staffers will
be um closing them out as we go as well.

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» Right. We will answer questions at the
end of the presentation. Yep.

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» Okay, perfect. Since you can't hear me,
let's kick it off. Go ahead.

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» We we hear you, Angelina. I think some
people, you know, I mean, I have you

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turned all the way up because I'm old
and, you know, losing my hearing anyway,

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but uh yeah, it's just a little
struggle.

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» All right. I don't want to yell at
anyone, so we'll kick it off. Mike, if

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you could introduce yourself and then
kick us off to the next person.

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» Sure. Thanks, Angelina. Good morning.
Uh, my name is Michael Piper. I'm the

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chief valuations officer. Uh, Christina.
>> Uh, hi. I am Christina Lynch. I am the

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director of legal.
>> Good morning. I'm Tasha Gibbons, the

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chief counsel for the Cook County
Assessor.

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» Gina Matisen. I'm senior legal counsel.

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TJ Sheml, director of commercial
valuations.

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» Ray or Brian.

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» Hello. I'm Raymond, director of
residential.

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» Brian Sila, director of special projects
commercial.

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» Awesome. Thank you. So, we'll go ahead
and get started and Tasha will kick it

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off. Thank you.
>> Okay. Good morning again everyone. Just

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this is just an overview of what we will
cover today. We will first talk a little

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bit of background on the role of the
assessor. Now most of you on this call

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are quite familiar with that but we may
have some new attendees. So we just want

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to provide that little bit of
background. We will also talk about the

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valuation data that's available online
on our website. rule changes for 2026

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um especially those that there are
changes will be highlighted and then a

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number of things stay just the same as
in 2025. Um valuation policy updates

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will also be covered. Um especially the
vacancy policy and uh approach to

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valuation with the cap rate. And then
finally we will touch on um somewhere in

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the process I know certificate of errors
and then there will be a summary at the

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end and opportunity for questions.

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Okay, let's move on from here. So just a
little bit again refresher um about the

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role of the assessor. We are statutoily
um both authorized and commanded to

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assess the property in Cook County which
is around 1.9 million parcels which are

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generally reassessed every um third year
in the trienal reassessment. As you

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know, the Cook County is divided up by
regions for the reassessment except for

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when there are when there is new
construction and we pick that up as well

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with our field team and other uh tools,
digital tools that we use to do that. We

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administer homestead exemptions,
everything from your typical homeowner

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exemption, which most people have um as
long as you're residing on that

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property, um to disabled veterans,
senior freeze exemptions, things like

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that. administer nonhomestead property
tax exemptions. So, your schools, uh,

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hospitals that qualify, um, charitable
organizations, things of that nature,

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and they can be partially or fully
exempt. Um, we also, of course, apply

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incentives, um, when properties qualify
for incentive classifications to promote

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development and to make sure that they
continue in operation in accordance with

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the ordinance for incentives. um it's
not on the slide but we also handle uh

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property divisions and consolidations of
course that happens with development

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with sales of portions of property and
things like that and so we do work with

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those divisions along with the county
clerk and then out of as a result of

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that we also process AL's assessment by
legal description and then that works

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with the treasurer so that people can
pay their portion of taxes until those

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pen divisions are completed and then the
Another very important thing we do is we

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assist taxpayers with all of the above
matters. Um, and besides setting those

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initial assessments, we're looking at
information that's provided, you know,

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in the appeal review process. And of
course, if we um did not receive

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information or did not get something
right in the initial year, there is the

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provision that authorizes certificate of
air adjustments as well. So there are a

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number of things and again I know that
most people are familiar but it's just

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good to um review that information. So
next um we will talk a little bit more

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about the system
the property tax system which as you

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know it's not just the assessment but
that is a big part of how the portion of

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taxes are divided up among properties
and property owners. So it's very

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important how the assessments are set as
accurate as possible. We're also

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required to assess them uniformly, but
the numbers are set by the assessor and

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then they are capable of review by the
board of review and then so those

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assessments can be changed as we know
before the taxes are extended. And of

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course that extension uh we do not set
the tax rates or send out those tax

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bills. But the clerk has a very
important process in receiving the

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levies, the amount of money that the
local taxing districts need to provide

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services. And those levies are filed
with the clerk each year and are used in

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accordance with chapter 18 of the
property tax code to extend and

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calculate rates um to ensure that the
districts receive the money that they're

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supposed to um as long as it's in
accordance with the law pel and things

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like that. And um then what goes into
that the extension is based on the

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taxable value. So once all the
assessments are certified then of course

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they are equalized after the information
is provided to Idor the state agency who

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then creates an equalizer which for Cook
County brings us into um proportion with

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the rest of the state that does not
classify property equalizes our

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assessments and then that uh goes back
to the assessor for the deduction of

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exemptions um the type that apply to
homestead property and those are taken

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off the taxable value before the
extension. But as you can see, it's a

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myriad of agencies involved to get to
that. How does a bill become a bill in

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Cook County? And it starts with the
assessments. Actually starts with the

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inspections and and the the pens and
then the assessments.

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» Okay, moving on.

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» All right. So, we are engaged in
assessing a number of properties each

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year. So, you know, the city's around
half of that 1.9 million uh parcels. The

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other trial areas are a number of
parcels as well. And so, the assessor

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must look at not only each individual
property, but there's a mass scale that

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um happens with mass appraisal. We're
looking at both the forest and the

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trees. Um and looking at the forest,
we're trying to uh both accurately

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assess and uniformly assess in
accordance with both the Illinois

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Constitution and the property tax code
and the applicable county ordinance. and

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then to do our best to get those numbers
to reflect a uniform assessment amongst

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like kinds of properties within classes.
And so the information we received on

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appeal will give us more particulars
about the trees within that forest. But

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um the assessor is engaged in that mass
appraisal uh process. We use modeling

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for residential and worksheets and
information that we obtain from the

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market for commercial properties.

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Okay. Okay. And from there, I am going
to turn it over to Michael Piper right

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now to talk a little bit more about mass
appraisal.

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» Thank you, Tasha. So, we heard two
different um phrases that maybe don't

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seem consistent or aligned. Uh mass
appraisal and market value. And I

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guarantee you uh in our world they are
because the proper balance of the two uh

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equal fairness. So, what do we mean by
mass appraisal? And as it says here, the

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IAAO defines mass appraisal as the
systematic appraisal of groups of

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properties as of a given date, which is
usually January 1st of the following

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year, using standardized procedures and
statistical testing. And of course, the

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purpose of mass appraisal for what we do
is efficient and equitable valuation of

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all property within a jurisdiction for
at value or as it says at valorum tax

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purposes. And of course with mass
appraisal assessors develop a

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mathematical model to predict the market
value of properties. So what does that

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mean? Uh we basically
we we look at market value on each

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specific property but we have to apply a
uniform set of rules and methodologies

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for all properties within a particular
category. Uh go to the next slide

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please. Angelina,

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you can you can look at what we do in
terms of mass appraisal as uh we break

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it down into basically three different
property types for accessible

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properties. The first one of course is
residential. We are using uh basically

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for most residential properties a sales
model. Okay, residential assessments are

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based on property characteristics. A lot
of characteristics basically they come

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down to what? Size, condition, age and
location. A lot of other things are

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factored into that. Idoor sales data
which is our primary uh bread and

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butter. That's where we get the data
from. Uh we have a new tool and we'll

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talk about that a little later. our home
value report it which is useful for

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single family homes and class 211s and
it will give you the top five most

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significant sales which affect the
property's value um all data points that

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the model uses to estimate the
property's value. So it's a good thing

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to take a look at and you'll see this
and copy of the slide presentation.

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There's the website. It's very
interesting. Um this is ve very new for

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this year and I think it will be
something that you all will be finding

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helpful. So the next category of
properties um next slide Angelina

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industrial and commercial. Okay, we're
using an income approach, an incomebased

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model again based on factors and data
that we get from the market just like

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with sales modeling. But the exceptions
of course are new construction in which

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you know typically would employ the cost
approach. Uh same thing with special use

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properties and then taxable lease holds
which we value based on the remaining

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value of the lease. To develop its
income approach uh we use data derived

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from extensive market research to
develop rental rates, vacancy rates,

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operating expense ratios and
capitalization rates. And we're going to

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talk about how we uh uh make estimates
for our cap rate a little bit later.

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Also TJ will talk about that. Uh
something we're doing a little different

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for this year. This data is derived from
a variety of outside resources but also

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the Cook County Assessor Records. uh
Cook County Recorder of Deeds, IDORE. Uh

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we also employ uh Co-Star, Moody's
Analytics, Comstack, Tre, Near Map,

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Bloomback, Bloomberg News for just
business valuation that will lead us to

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what property certain types of
properties are worth. Uh CBRE and uh

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Price Waterhouse Cooper among others.
The model shows information for most of

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the industrial and commercial properties
in Cook County.

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Next slide.
Finally, we come to kind of a

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combination of the prior two. Um, to
create the valuations for mixeduse

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properties, we use a combination of both
the res and commercial data and it

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depends on the size and class. So, for
instance, the mixeduse commercial

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residential buildings under 20,000
square ft, the class 318s.

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Um, you'll be able to find that
information on our industrial and

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commercial model. For mixeduse buildings
which do not meet those parameters,

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uh, or those for class 212, the building
will instead be subject to a split class

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of commercial, which is class 5, and
residential class two or three. Okay.

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So, what I said, uh, I I I gave you some
information about, um, our valuations

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and how you can tend to look at what we
do in terms of mass appraisal, but in

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order to find those, um, Tasha is going
to point you to, uh, where that

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information will be on our website.
Tasha,

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» thank you. Okay, so we do have a lot of
data online. I'm sure most of you have

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um reviewed some of that, but in case
you hadn't for the township valuation

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models where where you can find them
either under data, you have valuation

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reports and under how it works, a new
button on our website to the left here.

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Um you cannot see my arrow, but um
hopefully you can see the highlighted

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box. There you go. Thank you. Um those
both are great sources for information.

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So, um, on the valuation reports, those
will be by township with information.

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Um, here's, uh, if you went to that that
button, this is what you'll find by

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township and whether you'd like to
review the residential commercial. Of

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course, you can review both, but that's
where you'll find. And it includes an a

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bit of information. I think we can go to
the next slide.

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» I just wanted to add as well, if you
scroll down in this particular page, you

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can see the archived valuation reports
as well.

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I'm sorry. Could you speak up, Angelina?
>> Oh, I'm sorry. I forget. I just wanted

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to say you could scroll down and there's
archived um assessment years as well.

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» That's great. And as you can see, this
would be the most recent uh full

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assessment year 2025. It includes things
that are indicating what do things look

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like. So, if you're on the residential,
the single family home value compared to

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how it was in 2024 and even a pri prior
years from that. And so we're seeing

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just a little bit of a softening of the
market in from 675 median to 636

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um in this particular Evston township I
believe it is. And um condos uh same

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little bit of lower value in 2025, but
it shows those median values. It shows

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where things were, where they are, also
some additional details. So, do uh check

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those out because I know you're looking
for information about how things are

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going in the market, what's happening
with our assessments, and it's just rich

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with um details and uh additional
information about um what goes into this

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and then our sales ratio analysis. Um
so, so that information uh reflects

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where things landed with the median.

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And then we also have this um uh the the
part to the right showed what uh the

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market and where our assessments were
which were close. And we also include

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that additional information um if the
assessments and that sales analysis if

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it's showing that the coods the
coefficients of dispersion are uh

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showing the uniformity is there as it
should be and um lack of regressivity.

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So that those details are available as
well. And then we also have a lot of

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information for the commercial models
that are used. Um specific types of

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properties. You can pull down the
worksheets. I'm going to go ahead and

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let TJ Shiml give a little bit more
information on the commercial

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worksheets, but it's rich with um uh
details of what went into the valuation.

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So it really helps you address that. And
I'll let TJ say a little bit more.

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» Thank you, Tasha. Um so the next two
slides are going to be on industrial

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commercial properties and the
information we provide. The CCO has

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published uh our underwriting and our
assumptions for the vast majority of

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industrial commercial properties for I
think since 2021.

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For 2026 it will be for the south uh
townships that we'll be publishing all

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of our underwriting. To get there you're
going to go to the methodology

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worksheets. You can see um as we publish
towns and finalize them, they will be

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populated. You can also see uh prior
ones from 20 uh 2025 and 2024.

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I would encourage anyone to look at that
first. It will give you all the

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necessary information of how we
underwrote it, which is the PGI,

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vacancy, operating expenses, and cap
rate. Uh, one thing that will come a

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little bit later and that will change on
our website, it's not changed yet is

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that we will be implementing a loaded
cap. Um, and also on the website it will

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if you are not familiar with I think the
income approach or you want to

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understand how we exactly do it, there
is a page that will lay out step by step

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what we do and how we do it.

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Okay, that is me. Um, thanks TJ.
So, this slide uh shows you that on our

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00:22:03,200 --> 00:22:10,000
website we have um available to you the
appeals overview and we'll give you a

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listing of all of the the various
appeals related information and links

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00:22:12,000 --> 00:22:17,280
that where you can file online. of
course, our official appeal rules that

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we're going through today and the video
that will be posted um in the next few

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days. Uh it also has our written
policies, our cap rate policy, our

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vacancy policy, demolition policy, and
properties under construction policy.

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So, all of those are on that appeals
overview um on the assessor's website

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and they're very useful.
So I'm going to talk a little bit about

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key points regarding the appeals
process. And again, some of this may be

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very basic and rudimentary. And of
course that is familiar to the

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practitioners that are attending this
meeting today, but not everybody is

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00:22:53,679 --> 00:23:00,400
necessarily familiar um if you're new or
maybe not a practitioner. But current

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year assessments are appealed. It is the
assessment that's appealed. We don't

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you're not assessing property tax bills
or the amounts shown on a property tax

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bill. It is your assessment. Appeals of
course are filed to request a correction

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to the current year assessed valuation
which lays the foundation for property

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taxes. It's again it's not the amount of
the property tax bill.

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If you do get a reduction in your
assessed value that's this does not

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00:23:24,480 --> 00:23:31,200
necessarily equate to a reduction in
your tax bill. It may if it is a

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00:23:28,960 --> 00:23:38,640
significant enough reduction in assessed
value but is not necessarily the case.

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the assessor doesn't
uh the assessor um does not calculate or

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00:23:41,840 --> 00:23:50,960
mail the property tax bills and we also
do not collect the property taxes.

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So next, a quick tour of the 2026 rules
um that we're going to go over and and

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00:23:53,039 --> 00:23:59,039
talk to you about today. You of course
will be able to find them on that

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00:23:57,200 --> 00:24:03,280
overview page that I mentioned earlier.
The official appeals rules will be there

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online
and uh we we hope that everyone will

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follow the rules. Um they are a little
bit lengthy but they are pretty clear

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00:24:10,240 --> 00:24:19,279
and fairly easy to follow. Um and we
expect everybody to read and follow

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them. Um and if you have questions about
them, you can always reach out to any

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one of us that is on this call today or
on this webinar.

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So here's just the basic outline of the
things that we are going to go through

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and touch on and I should say highlight
specifically for the rules. Uh our

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00:24:33,440 --> 00:24:39,679
general provisions uh our filing
assessment appeals representation and

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00:24:37,120 --> 00:24:44,240
our deadlines the evidence that you have
to file in support of an assessed

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00:24:41,360 --> 00:24:48,320
evaluation appeal and that will include
you know um that also applies to the

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00:24:46,640 --> 00:24:54,720
filings for certificates of error as
well. many of those um or all of those

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00:24:51,679 --> 00:24:58,720
evidence um in support of uh or excuse
me class change requests. We'll talk a

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00:24:56,400 --> 00:25:02,080
little bit about those. We'll talk very
touch very briefly on omitted

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00:25:00,159 --> 00:25:06,320
assessments. We'll talk a little bit
about property tax uh or tax exempt

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00:25:04,720 --> 00:25:11,679
properties such as schools and
charitable organizations and government

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00:25:08,400 --> 00:25:14,159
owned properties. Um re-reviews,
corrections of factual errors, and

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00:25:12,960 --> 00:25:18,240
certificates of error. We'll talk a
little bit um in more detail about those

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00:25:15,840 --> 00:25:22,559
as well.
Next slide, Angelina.

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00:25:20,960 --> 00:25:26,320
So, our general provisions, some of the
highlights there. Uh the general

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00:25:24,640 --> 00:25:31,039
provisions are covered in rules one
through four of the rules. Um again, uh

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00:25:29,200 --> 00:25:35,279
they'll you'll find all of the forms
also on our website and there's a link

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00:25:32,799 --> 00:25:41,200
to the website here on the in our in our
slideshow. We do uh expect substantial

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00:25:38,720 --> 00:25:44,960
compliance with all of our rules.
Documents that are submitted should be

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00:25:42,799 --> 00:25:47,919
legible and complete. we should be able
to read them so that we don't have

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00:25:46,400 --> 00:25:53,279
difficulty reading them and they should
be complete when they're when they're

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00:25:49,440 --> 00:25:57,440
filed. Um, please redact your non-public
personal information that you want

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00:25:54,799 --> 00:26:01,679
redacted from your documents because
once you file them uh through our smart

311
00:25:59,840 --> 00:26:07,840
file system, they do become public
record and any redactions that might

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00:26:04,640 --> 00:26:12,559
follow on those records will come um if
they are ever foyed um by somebody and

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00:26:11,039 --> 00:26:18,559
we would follow all of the rules that
are um under FOYA for private and

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00:26:15,840 --> 00:26:22,080
personal information.
The guidelines that we have that we will

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00:26:20,400 --> 00:26:26,720
have available on our website will also
provide you some tips on redacting

316
00:26:23,760 --> 00:26:31,600
non-public personal information.
Photo copies of the completed forms and

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00:26:28,880 --> 00:26:36,480
documents are accepted.
Um

318
00:26:33,200 --> 00:26:40,080
property inspection requests um we would
just ask that you please be cooperative

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00:26:38,240 --> 00:26:43,760
with our inspectors as in the past
unfortunately we have had some

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00:26:41,360 --> 00:26:48,080
difficulties with that. It seems to be
getting better. Thank you.

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00:26:46,480 --> 00:26:52,880
um and don't file proper homestead
exemptions as an appeal. Our smart file

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00:26:50,080 --> 00:26:58,480
application is set up to accept appeals
and certificate of error for valuations

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00:26:55,919 --> 00:27:03,679
only. Homestead exemption filings have
to be completed on our website under the

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00:27:01,360 --> 00:27:08,960
exemptions under the tab for exemptions.
There are it's a very specific and

325
00:27:05,840 --> 00:27:12,400
distinct separate filing for homestead
exemptions such as homeowners

326
00:27:10,640 --> 00:27:16,880
exemptions, senior citizens, senior
frees, disabled veterans and all of

327
00:27:14,159 --> 00:27:16,880
that.

328
00:27:17,120 --> 00:27:23,360
Next slide.
So, filing assessment, appeals,

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00:27:21,279 --> 00:27:27,520
representation, and deadlines. These are
uh covered in rules 5 through 11 of our

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00:27:25,520 --> 00:27:32,000
rules.
As a taxpayer, you're of course not

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00:27:29,440 --> 00:27:36,559
required to obtain representation to
file an appeal before our office. There

332
00:27:34,880 --> 00:27:43,919
are instructions for filing an appeal
and they apply to both prosay um uh

333
00:27:40,480 --> 00:27:47,120
appellants and as well as um and those
who have representation. Of course,

334
00:27:45,679 --> 00:27:51,520
prosay meaning if you don't know what it
means, it means you're representing

335
00:27:48,880 --> 00:27:55,520
yourself. Deadlines for filing appeals
and supporting documentation are

336
00:27:53,120 --> 00:28:00,559
included in these rules and and we do
post all of our our appeal deadlines on

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00:27:58,799 --> 00:28:05,520
our website. So, you can follow that as
well. important and be aware if you're

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00:28:03,120 --> 00:28:10,559
not. Filers are also encouraged to file
a brief in support of their appeal. The

339
00:28:07,600 --> 00:28:16,000
narrative brief brief is helpful and our
analysts do review those.

340
00:28:13,840 --> 00:28:20,600
Filers should specify the estimated fair
market value of the property in their

341
00:28:17,600 --> 00:28:20,600
appeal.

342
00:28:20,720 --> 00:28:27,360
Uh if the property is part of a REIT, um
you should provide information regarding

343
00:28:25,600 --> 00:28:31,120
the REIT, including the valuation of the
property. If you don't know what a REIT

344
00:28:28,960 --> 00:28:36,080
is, it's a real estate investment trust.
It's essentially a company that pulls

345
00:28:34,000 --> 00:28:43,039
investments together for properties such
as multif family uh office buildings and

346
00:28:39,120 --> 00:28:46,960
industrial type properties and um allows
investors to pull their money together

347
00:28:44,559 --> 00:28:52,240
and can be public and if publicly traded
can be um can be and has benefits. There

348
00:28:50,320 --> 00:28:55,919
are pros and cons to um being part of a
read, but that's basically what it is.

349
00:28:54,559 --> 00:29:00,080
um and what to do when there are
multiple pins as covered in these rules.

350
00:28:58,320 --> 00:29:04,880
And then there are also tips for filing
condominium appeals which are um

351
00:29:03,520 --> 00:29:08,760
are good and helpful tips that you
should follow. Next slide.

352
00:29:12,320 --> 00:29:20,559
Focus on rule number 10, which is our
filing deadlines. Um please follow the

353
00:29:17,600 --> 00:29:25,279
filing deadlines. Um they're they are
posted on our website as I've already

354
00:29:22,159 --> 00:29:31,919
mentioned. We will not accept late filed
appeals. We just won't. Um except in the

355
00:29:28,880 --> 00:29:36,480
case of a smart file outage and we do
try to notify practitioners if we know

356
00:29:33,840 --> 00:29:40,799
about an outage. Um when you report it,
we do try to notify everybody about it.

357
00:29:39,279 --> 00:29:45,279
All documents that are filed in support
of an appeal should be filed or must be

358
00:29:43,120 --> 00:29:48,320
filed by the deadline. There are there's
no separate deadline for evidence

359
00:29:46,720 --> 00:29:54,159
submissions like the board of review
has. We have you have to file everything

360
00:29:49,840 --> 00:29:59,840
by the deadline. Um, and that's it. And
I'm going to turn it over to Gina.

361
00:29:57,120 --> 00:30:04,880
Gina's going to tell us um about some
more more rules.

362
00:30:02,159 --> 00:30:09,600
» Yes. So, this is um first major change
in our rules. So, you know, we have the

363
00:30:06,880 --> 00:30:13,760
fancy siren here. But anyway, uh
previously we had no time limits for

364
00:30:11,919 --> 00:30:18,960
when attorneys or other representatives
could file withdrawals or substitutions.

365
00:30:16,559 --> 00:30:24,320
This kind of caused a lot of chaos as we
were trying to get our appeal um results

366
00:30:22,240 --> 00:30:29,039
letters out because you know these uh
you substitutions were still coming in.

367
00:30:26,720 --> 00:30:33,679
So we do have a new deadline now. You
have to get your withdrawals and

368
00:30:30,480 --> 00:30:38,320
substitutions into us no later than 14
days after the official appeal closing

369
00:30:36,000 --> 00:30:42,399
deadline posted on our website. So
taxpayers can still use a representative

370
00:30:40,240 --> 00:30:46,640
of their choice or none. They don't have
to. but on the representative must file

371
00:30:44,880 --> 00:30:55,440
their withdrawal and our substitution
timely. Um, next slide, please.

372
00:30:51,440 --> 00:31:01,760
Uh, Angelina, next. Oh, thank you. So,
um, we're going to focus on I I'm sorry.

373
00:30:58,559 --> 00:31:05,120
Back to uh
>> Thank you.

374
00:31:03,600 --> 00:31:07,520
» Was this the slide?
>> That's it.

375
00:31:05,679 --> 00:31:09,840
» This is This slide's fine. The other one
was just kind of

376
00:31:08,480 --> 00:31:13,360
» ahead and then I couldn't get back.
>> That's okay. The previous slide was just

377
00:31:12,000 --> 00:31:18,320
a rundown of where some of the rules
were located, but you know, um they're

378
00:31:16,320 --> 00:31:23,039
located pretty much in the same places
like same place as they were last year.

379
00:31:20,799 --> 00:31:26,399
So, we're going to focus on photographs
this year because I'm not sure what

380
00:31:24,960 --> 00:31:31,279
happened last year because the
photograph rule really hasn't changed in

381
00:31:28,880 --> 00:31:34,799
years, but last year suddenly there was
a lot of confusion and consternation.

382
00:31:33,440 --> 00:31:39,760
So, we're just going to focus on that a
bit. Please note that the rule starts

383
00:31:36,960 --> 00:31:44,399
out except in the case of an individual
homeowner filing an appeal for their own

384
00:31:41,919 --> 00:31:48,640
residence. So no, your neighbor does not
have to go around taking pictures of the

385
00:31:46,159 --> 00:31:55,279
whole neighborhood in order to file an
appeal on based on their own home. Okay.

386
00:31:51,440 --> 00:31:59,679
However, for the for all of the others,
um you have to include a photograph of

387
00:31:57,919 --> 00:32:03,440
front of the subject property. It should
be in color and date stamped within one

388
00:32:01,919 --> 00:32:06,880
year of the lean date. You don't need
fancy equipment. you can just use your

389
00:32:05,039 --> 00:32:11,200
cell phone. And if you're not sure how
to make your cell phone date stamp

390
00:32:08,559 --> 00:32:15,679
stuff, I don't, for example, um you can
use our addestation form to say when you

391
00:32:13,840 --> 00:32:20,320
took it. So the addestation form just
needs to say, you know, Mike Mike Smith

392
00:32:17,840 --> 00:32:25,039
took these photos on January 12th or
whatever. You know, real simple. So I

393
00:32:22,960 --> 00:32:29,440
just wanted to again remind everyone
that this rule starts out except in the

394
00:32:27,440 --> 00:32:35,600
case of an individual homeowner file an
appeal for their own residence. And uh

395
00:32:32,559 --> 00:32:35,600
next slide, please.

396
00:32:36,960 --> 00:32:44,799
Okay. So, purchase and sales price. Now,
if the property is sold within the last

397
00:32:42,320 --> 00:32:49,279
two years, documents required by rule
13, you know, purchase and sales apply.

398
00:32:47,360 --> 00:32:52,720
Even if your valuation argument is not
based on the purchase price. So, if it's

399
00:32:51,200 --> 00:32:53,360
sold in the last two years, whether
you're ar ar ar ar ar ar ar ar ar ar ar

400
00:32:53,279 --> 00:32:53,360
ar ar ar ar ar ar ar ar ar ar ar ar ar

401
00:32:53,360 --> 00:32:56,640
ar ar ar ar ar ar ar ar ar ar ar ar ar
ar ar ar argguing purchase price or not,

402
00:32:55,120 --> 00:33:00,320
you need to provide those documents
showing that it's sold. like enforced

403
00:32:58,640 --> 00:33:04,159
sales, you might have like a bankruptcy
order, a order approving sale from a

404
00:33:02,399 --> 00:33:09,600
foreclosure case, maybe a partition
order. There's all kinds of different

405
00:33:06,240 --> 00:33:13,679
things. Um, if it's a uh traditional
closing, uh provide us with a deed,

406
00:33:12,000 --> 00:33:18,240
purchase and sale agreement, closing
statements, and the Pax 203 if any

407
00:33:15,840 --> 00:33:22,399
personal property is included. Um, you
will also need to identify all parties

408
00:33:20,159 --> 00:33:28,960
to the transaction, and any relationship
between them must be identified. Um, in

409
00:33:25,519 --> 00:33:33,039
the case of um, arguing for a reduction
in sales price, a well organized brief

410
00:33:31,279 --> 00:33:37,440
is helpful where you talk about the
parties, their relationship if any, and

411
00:33:35,919 --> 00:33:41,279
then just talk a little bit about why
should we why should we adopt the sales

412
00:33:39,360 --> 00:33:45,360
price as a fair market valuation because
there is that prohibition on sales

413
00:33:43,039 --> 00:33:50,559
chasing. So just keep it real really
well organized, tight and tell us why.

414
00:33:48,080 --> 00:33:56,640
And then I am going to go ahead and turn
this over to Mike.

415
00:33:53,200 --> 00:34:02,480
Thank you, Gina. So, um you heard what
Gina just said. If it's a force sale, it

416
00:33:59,919 --> 00:34:08,639
doesn't preclude you from using it, but
um we need some explanation as to why.

417
00:34:06,000 --> 00:34:15,440
If you're going to submit an appraisal
to uh back up your essentially your case

418
00:34:12,800 --> 00:34:20,000
for a lower valuation,
um you must also provide the other

419
00:34:18,000 --> 00:34:24,079
appraisals that may have been out there.
Any that were prepared for that

420
00:34:22,159 --> 00:34:29,599
particular subject property within the
past 2 years of the lean date. All

421
00:34:27,200 --> 00:34:34,960
appraisals must be credible. And by
credible, we mean use path compliant and

422
00:34:32,720 --> 00:34:41,200
pertain to the property's highest and
best use, which is at the top of the

423
00:34:37,040 --> 00:34:45,679
list of use path compliant. The
appraisal must provide all pins for the

424
00:34:43,440 --> 00:34:50,159
subject property and the pins for all
properties used as comps. And you heard

425
00:34:47,440 --> 00:34:55,599
Christina talk about rules for um
multiple pins. So uh typically for

426
00:34:53,200 --> 00:35:01,440
residential properties, one address
equals one pin typically. For commercial

427
00:34:58,720 --> 00:35:07,520
properties, we may have anywhere from
two to 100 pins on a large commercial

428
00:35:04,880 --> 00:35:11,920
property. And we want to make sure that
when you submit your appeal, we're

429
00:35:09,280 --> 00:35:17,040
making an applesto apples comparison.
So, please provide all the pins. All

430
00:35:14,720 --> 00:35:21,760
appraisals must be based on available
and reasonable market data with

431
00:35:19,359 --> 00:35:25,680
appropriate adjustments applied. No
creative, and we use the term

432
00:35:23,680 --> 00:35:29,520
cherry-picking, please. And I'll explain
what that means in the next slide a

433
00:35:27,440 --> 00:35:35,359
little bit. But all appraisals using the
income approach to market value must use

434
00:35:32,320 --> 00:35:42,839
cap rate based on relevant current
market data and particularly if using a

435
00:35:38,240 --> 00:35:42,839
loaded cap rate. Next slide.

436
00:35:43,920 --> 00:35:50,800
All comps used should be comparable to
the subject. So this is what I was just

437
00:35:47,920 --> 00:35:56,800
referring to. We're looking for in your
comps your list of comps. um you should

438
00:35:53,760 --> 00:36:02,720
be using properties that are of similar
size, class, characteristics, and

439
00:36:00,400 --> 00:36:09,040
location. That doesn't mean it has to be
in the same location or the same size,

440
00:36:05,920 --> 00:36:14,000
but similar, which is for our purposes
kind of synonymous with the term

441
00:36:10,880 --> 00:36:19,599
comparable. Do not ignore the sale right
next door in favor of a lower comp that

442
00:36:17,200 --> 00:36:24,960
helps make your case that's a mile away
if there's one next door. So again, no

443
00:36:22,000 --> 00:36:30,240
cherry-picking, please. And and this is
not uh something new we've added to our

444
00:36:27,680 --> 00:36:34,640
policy, but we feel we have to reiterate
it because uh we get appeals that are

445
00:36:32,560 --> 00:36:40,000
submitted with a lot of information
about why we should adjust the market

446
00:36:36,640 --> 00:36:44,560
value. But when uh Rey, who handles the
residential, and TJ, who handles the

447
00:36:42,720 --> 00:36:50,000
commercial, when their staff look at the
appeals, they're looking for similar

448
00:36:47,040 --> 00:36:55,280
comps, and that's very important. Filers
must include a recent photo of the

449
00:36:52,880 --> 00:37:02,400
subject and each comp used and include
the pins for each. But see rule 12,

450
00:36:59,680 --> 00:37:08,400
as Gina just talked about, photographs.
Again, sale comps should be armslength

451
00:37:05,680 --> 00:37:14,160
transactions for fair market value. And
we all know what arms length means. If

452
00:37:10,960 --> 00:37:19,440
using again if using a force sale as a
sales comp, please explain why it's a

453
00:37:16,400 --> 00:37:24,640
good indicator of fair market value and
apply the appropriate adjustments. Next

454
00:37:22,240 --> 00:37:29,359
slide.
So finally with income producing

455
00:37:27,119 --> 00:37:33,359
properties uh I mentioned earlier that
we are updating our cap rate policy.

456
00:37:31,599 --> 00:37:37,920
TJ's going to talk about that in a
minute. But income producing property

457
00:37:36,079 --> 00:37:44,000
that's defined as a parcel in which
either entirely or partially non-ownero

458
00:37:41,040 --> 00:37:49,920
occupied and generates some rental
income. Hotels and motel are included

459
00:37:47,359 --> 00:37:56,079
even if they're owner occupied. Class
211 and class 212 however are not

460
00:37:52,720 --> 00:38:01,359
included. The arpie we don't we don't
use that anymore. It's no longer a

461
00:37:57,920 --> 00:38:05,359
separate form. Um but it is built into
smart file. So when you submit, it's

462
00:38:03,760 --> 00:38:09,280
built in there. So you can submit the
information we're looking for on there,

463
00:38:07,200 --> 00:38:15,440
which is basically prior 3 years of
income and expense information. Um,

464
00:38:12,400 --> 00:38:20,000
redact anything you need to. If you or
your client do not have this

465
00:38:17,040 --> 00:38:25,920
information, please use our attestation
form to explain why. Complete copies,

466
00:38:23,359 --> 00:38:30,800
complete copies of leases are preferred.
But if you don't have that, include

467
00:38:28,079 --> 00:38:35,359
complete lease summaries. all parties to
the lease, the rental amount, the

468
00:38:32,640 --> 00:38:42,000
identification of the space leased and
by unit number, square footage rented,

469
00:38:38,560 --> 00:38:47,119
net gross parties responsible for paying
property tax. So, um, we talked about

470
00:38:44,960 --> 00:38:53,280
our cap rate policy adjustments. Let's
talk about cap rates. TJ,

471
00:38:50,720 --> 00:39:00,160
» thank you, Mike.
Um so the big one of the biggest changes

472
00:38:55,839 --> 00:39:05,280
in 2026 will be the COA assessor will be
implementing a loaded cap rate. Um in

473
00:39:02,880 --> 00:39:09,440
the previous years we have had tax
expenses as part of the operating

474
00:39:06,880 --> 00:39:14,079
expenses and we did not load the cap.
This year we will be doing that for all

475
00:39:12,079 --> 00:39:19,680
all appeals regardless of it's the
south, the city or the north. Um, a tax

476
00:39:17,599 --> 00:39:23,839
load hopefully most people are familiar
with. It will take into consideration a

477
00:39:22,160 --> 00:39:28,160
property's local level assessment, the
property's uh or the state's

478
00:39:25,599 --> 00:39:33,760
equalization factor, and the estimated
2026 tax rate. When we're talking about

479
00:39:31,599 --> 00:39:40,480
specific tax rates, I'm going to start
with the South. uh looking at the south

480
00:39:37,440 --> 00:39:46,240
over the past I would say you know 10 to
12 years the largest decreases in tax

481
00:39:44,480 --> 00:39:50,400
rates always happen on reassessment
years and then they creep back up then

482
00:39:47,920 --> 00:39:57,119
they go back down. Data science has
looked at this and the best method that

483
00:39:53,680 --> 00:40:04,720
we found for this year is to def is to
revert back to or to go back to the 2023

484
00:40:01,200 --> 00:40:09,520
tax rate for south townships. So the
rate that it was in 2023, that final tax

485
00:40:08,000 --> 00:40:11,359
rate is what we're going to use for
south townships.

486
00:40:11,040 --> 00:40:16,160
» Yeah.
>> For the city, we are going to use the

487
00:40:13,680 --> 00:40:22,160
2024 tax rate, which is the most
current. And for the north townships,

488
00:40:18,880 --> 00:40:28,960
because we do not have an updated tax
rate after the uh 2025 assessment right

489
00:40:25,359 --> 00:40:37,839
now, we are going to use our 2025
estimated tax tax rates. Uh to make this

490
00:40:33,680 --> 00:40:44,240
simpler, we are going to publish every
taxing district's effective tax rate and

491
00:40:41,680 --> 00:40:49,359
estimated tax rate. that will be on our
website in the next uh couple of weeks

492
00:40:47,280 --> 00:40:54,560
and then that is something that you can
uh go to look at and hopefully

493
00:40:51,440 --> 00:40:57,920
incorporate into the field.
>> I'm going to go ahead and turn it over

494
00:40:55,760 --> 00:41:06,240
to Tasha who's going to go who's going
to talk about I believe common area.

495
00:41:02,079 --> 00:41:08,240
» Uh that's me. Oh, is it
>> whatever.

496
00:41:07,200 --> 00:41:12,640
» My bad. Sorry.
>> That's okay. Thanks.

497
00:41:10,800 --> 00:41:17,760
Common area. So common area. What is
that? Common area is a is a specific

498
00:41:16,000 --> 00:41:23,680
valuation
um type. It's a dollar assessed

499
00:41:20,560 --> 00:41:32,240
valuation that is governed under section
10-35 of the property tax code. Common

500
00:41:27,280 --> 00:41:37,599
area is for condominium common areas.
Typically, uh that's what we see. Um

501
00:41:34,960 --> 00:41:42,480
common areas are things like landscaped
areas that are used by all of the owners

502
00:41:39,760 --> 00:41:49,200
in a in a condominium.
um or you know pools and you know you

503
00:41:46,400 --> 00:41:53,839
know a gym uh facility that's can be
used by all of the residents of a of a

504
00:41:51,200 --> 00:41:58,640
condominium building.
But uses use of the property for common

505
00:41:56,720 --> 00:42:02,800
area purposes is only one element of
common area. The rights of all of the

506
00:42:00,800 --> 00:42:06,480
individual owners as I mentioned is to
use and enjoy the common area and it has

507
00:42:04,640 --> 00:42:10,480
to be reflected in some document that we
need to see such as a deed, a

508
00:42:07,839 --> 00:42:15,200
declaration, an easements etc. These
documents have to establish that the

509
00:42:12,160 --> 00:42:20,319
individual owner's rights um are
exclusive uh to the exclusive use of

510
00:42:17,599 --> 00:42:24,240
those common areas on the property. Uh
again, evidence can include or should

511
00:42:22,560 --> 00:42:28,000
must include deeds, declarations,
amendments or similar documents which

512
00:42:25,760 --> 00:42:31,359
designate the property as common area.
Please just make sure that you correct

513
00:42:29,599 --> 00:42:36,240
or that you include the correct legal
description of the property. Um, and

514
00:42:33,920 --> 00:42:39,359
affidavit of use can be used and
submitted. And while they're they're

515
00:42:37,599 --> 00:42:44,800
helpful, they are not on their own
convincing. Uh, filers should provide

516
00:42:42,160 --> 00:42:50,240
these documents. Um, our office cannot
obtain these documents from the clerk's

517
00:42:46,720 --> 00:42:56,079
office on your behalf.
And that turns over back to

518
00:42:54,720 --> 00:43:00,880
» Thank you.
>> Yes.

519
00:42:57,839 --> 00:43:04,560
» Rule 18, land valuation. The CCO
generally values land at market value

520
00:43:02,880 --> 00:43:08,640
per square foot. There are some
exceptions that have special

521
00:43:06,000 --> 00:43:14,720
assessments. Uh farmland, open space,
unbuildable.

522
00:43:10,400 --> 00:43:20,720
Um when we look at land valuation, I
want to impress that it is the

523
00:43:16,800 --> 00:43:25,040
underlying zoning that determines the
land value more than anything else. It's

524
00:43:23,040 --> 00:43:31,040
not the use, it's the zoning because
that's what the land could be used for.

525
00:43:27,440 --> 00:43:35,599
So if you are in a commercial zoning, if
you have a commercial zoned property and

526
00:43:33,839 --> 00:43:40,480
you want to appeal on land, you want to
find other land parcels that are

527
00:43:38,000 --> 00:43:45,760
commercial zoned. They you don't want to
get one that's zoned industrial but used

528
00:43:42,720 --> 00:43:51,920
as commercial. So make sure that you are
submitting land comps that mirror the

529
00:43:49,520 --> 00:43:56,800
zoning type. And for the Cook County
assessor, the main zoning types are

530
00:43:53,680 --> 00:44:02,480
industrial, commercial, and residential
or multifamily.

531
00:43:59,760 --> 00:44:07,599
Uh, FEMA flood plane information. We
have a lot of that already. If you are

532
00:44:04,560 --> 00:44:13,599
in a FEMA flood plane, please feel free
to appeal, but tell me exactly why it's

533
00:44:10,160 --> 00:44:18,319
unbuildable or can't be. There is a big
difference between

534
00:44:16,240 --> 00:44:21,680
um different flood planes. Just because
you're in a flood plane doesn't

535
00:44:19,599 --> 00:44:26,400
necessarily mean it's unbuildable. Give
me give us the entire story of what can

536
00:44:24,000 --> 00:44:33,040
or can't be done there.
Unimproved land due to demolition. U how

537
00:44:29,760 --> 00:44:38,480
we do this is if there was a building on
a on a property we see that it was

538
00:44:35,599 --> 00:44:44,000
demoed. We will go and look at aerials
and try to figure out the first time

539
00:44:41,040 --> 00:44:49,440
that the demolition started and then we
will give that property 100 class value

540
00:44:47,680 --> 00:44:55,440
from that time on. We call a date
proration. If on appeal you want to

541
00:44:52,400 --> 00:45:01,119
provide the demolition permit, we will
go back to that date assuming that

542
00:44:58,480 --> 00:45:05,520
demolition has been started and there's
proof that the entire or all the

543
00:45:03,680 --> 00:45:09,359
structures on that property will be
demolished.

544
00:45:07,040 --> 00:45:14,880
So when you're submitting that I would
say uh demolition permits photos any

545
00:45:13,200 --> 00:45:19,839
other justification so that we can
clearly see the dates will help us give

546
00:45:17,599 --> 00:45:27,119
that date proration of changing it from
an improved parcel to 100 class. One

547
00:45:24,000 --> 00:45:32,720
note is that your specific class for
that year will not change if there is a

548
00:45:30,240 --> 00:45:39,680
date proration for a building. If you
have 10 days of a building and we value

549
00:45:36,560 --> 00:45:45,839
it as a say a 318 for 10 days, the
property will be overall be a 318 class,

550
00:45:43,599 --> 00:45:52,240
but it will be date parrated for only 10
days.

551
00:45:47,839 --> 00:45:57,280
Uh land square foot issues. Um the CCAO
is not the I would say the owner of the

552
00:45:54,480 --> 00:46:02,400
land records. uh the clerk does if
there's any discrepancies between the

553
00:45:59,839 --> 00:46:06,880
land square feet that we have, we will
check the the clerk's records and

554
00:46:05,200 --> 00:46:11,839
anything where there's a large
discrepancy. Um if we can go and look at

555
00:46:10,160 --> 00:46:16,079
it and it looks like there is an error,
we will check with the clerk. But if

556
00:46:14,079 --> 00:46:20,319
you're saying that, you know, this part
doesn't belong to me, but the clerk says

557
00:46:17,680 --> 00:46:26,240
it does, all those should try to be
resolved with the clerk and then sent

558
00:46:21,920 --> 00:46:31,440
in. We do not most of the time make land
changes from the clerk.

559
00:46:29,280 --> 00:46:35,280
» And then there's rule 18 for handling of
land square feet discrepancies. Uh for

560
00:46:33,440 --> 00:46:40,079
anyone who wants to specifically read
that I think we're going to go on to the

561
00:46:38,079 --> 00:46:44,240
next slide and I believe that's also me.
Yes.

562
00:46:41,520 --> 00:46:50,800
» Ongoing construction. Um, this is one of
the most complex and I would say

563
00:46:47,119 --> 00:46:55,200
detailed valuations that we do. As
properties are under construction, the

564
00:46:52,880 --> 00:47:00,319
value of that changes because as you
build and as you get more of the

565
00:46:57,520 --> 00:47:05,839
property completed, the value will
increase. Um, you know, a building

566
00:47:02,560 --> 00:47:10,079
doesn't go from zero value to a million
dollars when the certificate of occupy

567
00:47:08,079 --> 00:47:14,560
is issued.
I will first try to give it verbally

568
00:47:12,560 --> 00:47:18,720
give an overview but I would ask anyone
who wants to see this read the policy

569
00:47:17,280 --> 00:47:24,000
first reach out to our office if you
don't understand it this is complex but

570
00:47:21,359 --> 00:47:32,800
the easiest way to describe it is it is
a straight line value ad. So we estimate

571
00:47:30,160 --> 00:47:37,760
the com well we need the completion date
and then we estimate what the value of

572
00:47:34,720 --> 00:47:42,880
the property will be as complete using
today's inputs.

573
00:47:40,240 --> 00:47:47,839
If we say that the building excluding
the land is worth a million dollars and

574
00:47:45,680 --> 00:47:55,119
it's going to take 10 10 months to
complete it. We cut that up so every

575
00:47:51,119 --> 00:47:59,119
month you get an extra 100,000 in value.
During that time period though, we

576
00:47:56,560 --> 00:48:02,640
realized that you are gaining value, but
you're incomplete. So, there would be a

577
00:48:00,800 --> 00:48:09,119
deduction for that. So, we actually cut
that in half and then we average it. I

578
00:48:06,400 --> 00:48:13,920
know what I'm saying is complex and some
people might be scratching their head.

579
00:48:11,920 --> 00:48:17,920
Read the policy. There's some a lot of
good information on it and then feel

580
00:48:16,160 --> 00:48:26,559
free to reach out. But the easiest way
to say is that we estimate it on a value

581
00:48:20,480 --> 00:48:31,760
ad um a value ad model that as as every
month goes on and on, we add value and

582
00:48:29,359 --> 00:48:36,559
then we average it.
>> And I'm going to go ahead then and turn

583
00:48:33,839 --> 00:48:41,760
this over to I believe Gina.
>> Yes. Yes.

584
00:48:38,960 --> 00:48:48,319
» Okay. So we have updated the vacancy
rule and also vacancy policy. So another

585
00:48:45,119 --> 00:48:52,640
rule change alert. uh but still uh we
only grant 24 months of vacancy

586
00:48:50,400 --> 00:48:56,480
reductions due to any single event. So
that hasn't changed. And the types of

587
00:48:54,559 --> 00:49:01,040
evidence that we generally require are
still our completed vacancy occupancy

588
00:48:58,640 --> 00:49:04,559
affidavit. If you have an affidavit form
that you prefer to use, that's fine.

589
00:49:03,119 --> 00:49:09,760
Just make sure it gives us the same
information. Um interior and exterior

590
00:49:07,599 --> 00:49:13,839
photographs documenting the vacancy. And
again, there should be a date and they

591
00:49:11,760 --> 00:49:17,760
should be in color. Um, if you don't
have a date stamp photograph, use that

592
00:49:15,440 --> 00:49:21,760
add a stationation form. And also,
please do not try to submit video. We

593
00:49:20,000 --> 00:49:26,960
cannot accept video evidence,
unfortunately. And then, uh, income and

594
00:49:24,559 --> 00:49:30,400
expense information for income producing
properties. If for some reason you don't

595
00:49:29,040 --> 00:49:35,200
have this information because I don't
know, maybe it's a new business, go

596
00:49:32,079 --> 00:49:41,280
ahead and state that. Then we know. Uh,
next slide please. So then what is it

597
00:49:38,160 --> 00:49:46,079
that we changed? Okay. So we've expanded
the reasons for vacancy based arguments.

598
00:49:44,000 --> 00:49:51,119
Um there's casualty related vacancy
which applies to residential and

599
00:49:47,760 --> 00:49:55,599
incomeroucing properties. Um and this is
damage due to natural disasters, fire or

600
00:49:53,440 --> 00:49:59,680
flooding. Key evidence for this would
include reports detailing the damage

601
00:49:57,440 --> 00:50:04,160
such as you know fire report, maybe
police report, insurance claim report,

602
00:50:02,400 --> 00:50:09,680
uh you know adjuster reports, things
like that. Insurance claim information

603
00:50:06,160 --> 00:50:14,240
is helpful. There's marketbased vacancy
and that's uh applies to incomeroucing

604
00:50:12,160 --> 00:50:19,440
properties and that means the property
is experiencing a higher than market

605
00:50:16,480 --> 00:50:25,119
vacancy. You can look at our model
online to see what um what vacancy we've

606
00:50:22,800 --> 00:50:28,800
already applied to your property. And if
your, you know, properties got something

607
00:50:27,280 --> 00:50:34,240
higher than that, well, this might be a
type of um this might be a type of um

608
00:50:32,160 --> 00:50:38,480
appeal you should consider. But
basically, we'd be looking for completed

609
00:50:36,000 --> 00:50:43,440
rent roll, leases, and proof of
marketing for lease or sale of the

610
00:50:40,720 --> 00:50:48,720
property. Now, what we've added then is
renovation related vacancy. Um, and this

611
00:50:46,880 --> 00:50:52,640
applies to incomeroucing properties
only. And you know, sometimes your

612
00:50:50,720 --> 00:50:56,400
building it's getting old and crummy.
You know, tenants don't really want to

613
00:50:54,319 --> 00:51:01,440
rent it. Well, and you need to rent
renovate it to make it nice so that

614
00:50:58,079 --> 00:51:05,359
tenants come in. Okay, we we will um we
will look at that type of vacancy as

615
00:51:03,040 --> 00:51:09,839
well. So, key evidence there would be
contractor statements, permits, and

616
00:51:07,280 --> 00:51:15,040
estimated construction timeline. Please
do read our um vacancy policy because

617
00:51:13,200 --> 00:51:19,839
you know I I can't go through every
single thing here but our policy is

618
00:51:16,640 --> 00:51:25,280
pretty detailed. Um I'm not sure if it's
on our website yet but it will be within

619
00:51:21,760 --> 00:51:28,839
a couple of days if it is next. Okay. Um
next slide please.

620
00:51:29,040 --> 00:51:35,839
Okay. So class change requests are
covered by rule 21. Um, some of the most

621
00:51:33,599 --> 00:51:41,680
common types of class change requests we
get are within class 2 and also class 5

622
00:51:38,400 --> 00:51:45,920
to 212 or 318. This rule covers those
and then other also other non-incentive

623
00:51:43,839 --> 00:51:49,359
class change requests. So depending on
what you're asking for, be sure to look

624
00:51:47,599 --> 00:51:53,040
at this rule and see exactly what we
want. But generally, we're going to be

625
00:51:51,119 --> 00:51:58,079
asking for photograph photographs
complying with rule 12, building details

626
00:51:55,760 --> 00:52:02,319
such as the floor plan, uh square
footage, room count, usage, uh the unit

627
00:52:00,720 --> 00:52:07,359
count, you know, how many commercial
units, how many residential units, uh

628
00:52:04,880 --> 00:52:11,760
show that there's separate entrances and
utility meters for mixed use and

629
00:52:09,520 --> 00:52:16,480
multi-unit properties. So, let's say you
bought some big house, you decided to

630
00:52:14,240 --> 00:52:21,359
turn it into a two or three flat. Be
sure to show us that there's separate

631
00:52:17,760 --> 00:52:25,839
entrances. um zoning information, leases
or current rent roles, and if it's an

632
00:52:23,280 --> 00:52:33,119
incomeroucing property, please follow
rule 16 as well. Uh next slide, please.

633
00:52:31,040 --> 00:52:36,960
Now, there's also class changes as we
know for various other types of

634
00:52:35,040 --> 00:52:40,720
properties like class 4 for not for
profofits. There's all the incentive

635
00:52:38,880 --> 00:52:44,559
classes, particularly six, seven, and
eight. There's a lot of other types of

636
00:52:42,240 --> 00:52:48,400
incentives. Um so, be sure to check out
our incentives page to see if anything

637
00:52:46,720 --> 00:52:52,880
might apply for your client. and then
also the affordable housing. So, while

638
00:52:50,800 --> 00:52:56,160
this rule doesn't specifically give you
all the evidence, you know, all the

639
00:52:54,480 --> 00:53:01,200
rules that you need to get those types
of classes, it directs you to where you

640
00:52:58,640 --> 00:53:06,079
should look. So, look there, see what it
is that we want, and then if you have

641
00:53:02,960 --> 00:53:11,520
questions, of course, reach out. So, I
am going to go ahead and turn this over

642
00:53:08,960 --> 00:53:16,240
to Christina.
Thanks, Gina. Uh, so some other useful

643
00:53:14,160 --> 00:53:22,319
rules. Rule 22 covers omitted
assessments. Um omitted assessments are

644
00:53:19,680 --> 00:53:28,720
assessments that are charged um in a
current year but are for previous years.

645
00:53:26,480 --> 00:53:33,119
The previous years we can assess both
land and improvements or we can say we

646
00:53:31,520 --> 00:53:40,800
only you know we didn't assess an
improvement or we didn't assess a a land

647
00:53:36,960 --> 00:53:45,200
um the appeal uh if you're appealing an
omitted assessment you can only appeal

648
00:53:42,880 --> 00:53:53,119
it in the year that the warrant was
issued. So if we issued omitted

649
00:53:47,280 --> 00:53:58,319
assessments in 2025 for tax years 2024,
23, and 22, you can only file an appeal

650
00:53:56,319 --> 00:54:02,720
in 2025.
Any years that you want to challenge an

651
00:54:00,640 --> 00:54:09,520
omitted assessment after that year have
to be filed as a certificate of error.

652
00:54:06,000 --> 00:54:14,079
Um so again, look at rule 22 on omitted
assessments. And then um there's some

653
00:54:11,359 --> 00:54:17,920
guidance um on bonafide purchaser
defense as well. That's important and

654
00:54:16,240 --> 00:54:23,520
useful.
Rule 23 covers exempt properties. These

655
00:54:21,119 --> 00:54:30,640
are the nonhomestead exemptions that
apply to properties such as churches,

656
00:54:26,640 --> 00:54:35,119
schools, um parks and libraries,
charitable organizations, religious

657
00:54:33,200 --> 00:54:40,720
institutions,
um properties owned by state, local and

658
00:54:38,079 --> 00:54:44,880
federal governments, burial grounds are
included as well. And then there are

659
00:54:42,880 --> 00:54:49,680
some other ones is but those are the
main those are the big ones. Um taxable

660
00:54:47,520 --> 00:54:56,480
lease holds fall under this rule as well
because uh and leaseold is of course a

661
00:54:52,720 --> 00:55:00,720
legal term of art that uh is for certain
types of exempt property owners uh when

662
00:54:59,119 --> 00:55:06,079
they lease out space. So if the
University of Illinois leases out space

663
00:55:04,000 --> 00:55:11,839
on their property and they have an
exemption on that property that that

664
00:55:07,760 --> 00:55:17,359
that lease hold estate can be taxable.
It depends on the terms of the agreement

665
00:55:15,119 --> 00:55:24,240
between the University of Illinois in
this example that I'm using and the lei.

666
00:55:20,480 --> 00:55:29,599
Sometimes those terms will in fact uh
define um rather than a taxable lease

667
00:55:26,800 --> 00:55:36,000
hold a license to use which means it is
not taxable. So it's really important

668
00:55:31,839 --> 00:55:40,240
that you get us those leases um uh so
that we can review them and determine

669
00:55:37,760 --> 00:55:46,800
whether it's a taxable leaseold or a
non-t taxable license to use. Rule 24 is

670
00:55:44,640 --> 00:55:51,119
covers the fact that we do not do
re-reviews.

671
00:55:48,400 --> 00:55:54,799
Uh if you have an issue, um you can
always appeal of course to the board of

672
00:55:53,200 --> 00:55:58,240
review or if there's something really
glaring or egregious that you really

673
00:55:56,480 --> 00:56:04,640
feel like we got it wrong, you can reach
out to us. Rule 25 covers correction of

674
00:56:01,440 --> 00:56:09,040
factual errors and rule 26 covers the
property location errors. And of course

675
00:56:06,480 --> 00:56:14,160
those in that includes, you know, if you
think that the address for your property

676
00:56:11,119 --> 00:56:18,720
that we currently show as the the actual
address of the property, if it's showing

677
00:56:16,559 --> 00:56:25,640
incorrectly in our system, that's what
you follow rule 26 uh for in order to

678
00:56:21,520 --> 00:56:25,640
correct. Next slide.

679
00:56:28,240 --> 00:56:34,319
Certificates of error under rule 27.
These are for valuationbased

680
00:56:31,920 --> 00:56:37,839
certificates of error. So you cannot
these are this does not cover

681
00:56:36,240 --> 00:56:41,040
certificates of error for homestead
exemptions like the homeowner, senior

682
00:56:39,359 --> 00:56:44,720
citizen, senior freeze. Of course those
are separate from the valuationbased

683
00:56:42,559 --> 00:56:51,680
certificates of error. These types of
certificates of error can be filed um

684
00:56:48,079 --> 00:56:55,599
you know on online and they are these
are while CFVS that are intended to be a

685
00:56:53,760 --> 00:57:00,319
mechanism for the assessor to correct
their own errors in past tax years. Of

686
00:56:57,680 --> 00:57:03,760
course, it's grown into um a much more
robust system for taxpayers to address

687
00:57:02,160 --> 00:57:08,640
prior year issues that they have with
their valuations. You can request a CV

688
00:57:06,559 --> 00:57:15,200
in Cook County for any perceived error
or mistake uh under section 14-15 of the

689
00:57:12,640 --> 00:57:19,920
property tax code. Of course, the your
certificate of error requests are not do

690
00:57:17,280 --> 00:57:24,079
not guarantee you a reduction. Um
counties outside of Cook County uh are

691
00:57:22,480 --> 00:57:28,400
limited to certificates of error based
on factual errors only. But here in

692
00:57:25,839 --> 00:57:36,400
Cooko County, the statute says any error
or mistake. Next slide.

693
00:57:32,319 --> 00:57:39,920
Some tips for under rule 27.
I mentioned that CVS of course can be

694
00:57:38,400 --> 00:57:44,960
filed online and many of you already
know that. Um they can be filed with a

695
00:57:42,720 --> 00:57:49,839
current year appeal or as a standalone
filing. Rule 27 covers the filing

696
00:57:48,160 --> 00:57:53,760
instructions for this. If you're filing
your certificate of error with a current

697
00:57:51,599 --> 00:57:59,040
assess current year assessment appeal,
you can file both directly through our

698
00:57:56,480 --> 00:58:05,599
smart file application. If you're filing
CVs as a standalone COVE outside of the

699
00:58:02,000 --> 00:58:09,599
township window for um for appeals, you
have to email that to the email address

700
00:58:07,440 --> 00:58:14,319
that's indicated in rule 27.
Unfortunately, we don't have a

701
00:58:10,799 --> 00:58:20,000
standalone filing system. Uh but we can
upload those through our FOY team

702
00:58:17,680 --> 00:58:25,119
or our FOY team can upload them uh to
our system. Uh but we do strongly

703
00:58:22,960 --> 00:58:28,400
recommend that you do file your C CVs
with a current year appeal because it's

704
00:58:26,559 --> 00:58:32,480
really just a lot easier for our office
to track and to and to review the CVs at

705
00:58:31,280 --> 00:58:36,720
the same time that they're filing a
current year appeal or reviewing current

706
00:58:34,559 --> 00:58:39,920
year appeals. They should be submitted
with the same types of supporting

707
00:58:38,240 --> 00:58:44,400
documentation for appeals that you'll
find in rule covered in rules 12 through

708
00:58:42,000 --> 00:58:49,920
21 of the rules. If you file a
certificate of error without evidence,

709
00:58:46,799 --> 00:58:54,640
you're pretty unlikely to succeed.
Certificates of error, which are the

710
00:58:51,440 --> 00:59:00,160
same basic filing that um either the
cert uh assessor's office or the board

711
00:58:57,920 --> 00:59:04,880
of review has already no changed are
also unlikely to succeed. Certificates

712
00:59:03,200 --> 00:59:10,559
of error for tax years that are pending
at PTAB or the circuit court are also

713
00:59:08,480 --> 00:59:13,599
unlikely to succeed except in some
limited circumstances. And if you have

714
00:59:12,240 --> 00:59:18,319
questions about that, you can reach out
to us

715
00:59:15,760 --> 00:59:21,880
after the webinar.
And next slide.

716
00:59:23,280 --> 00:59:30,240
All right. Certificates of filing
deadlines. Um, section 14-15C

717
00:59:28,319 --> 00:59:35,760
of the property tax code governs the
deadlines for most valuationbased CVs.

718
00:59:33,119 --> 00:59:39,520
And this it's not just three years prior
to the current year. It's 3 years after

719
00:59:37,839 --> 00:59:45,040
the date on which the annual judgment
and order of sale for that tax year was

720
00:59:41,520 --> 00:59:50,960
first entered. Meaning so if you uh you
know for uh let's say the last tax sale

721
00:59:47,359 --> 00:59:58,000
that occurred was for the 2022 tax year
and that happened in December of 2024.

722
00:59:54,640 --> 01:00:03,520
So 3 years means includes those three
years after that date

723
01:00:00,960 --> 01:00:08,720
uh or prior that right after the sale
date. Um we met we tal I talked briefly

724
01:00:06,559 --> 01:00:15,119
earlier about common area that section
is governed by section 14-15D.

725
01:00:11,599 --> 01:00:19,119
Um, basically what you can file a
certificate of error for it goes it was

726
01:00:17,359 --> 01:00:24,160
a there was an amendment made last year
to section 14-15.

727
01:00:21,760 --> 01:00:28,480
I believe it was last year. Um, that
basically it's basically about 20 years

728
01:00:26,559 --> 01:00:31,920
um and of course there are certain
things you know requirements that you

729
01:00:30,079 --> 01:00:36,400
have to meet to satisfy that to get the
common area for the 20 years prior but

730
01:00:34,400 --> 01:00:41,520
um tax generally taxes that are older
than 20 years are not collectible.

731
01:00:39,200 --> 01:00:46,160
Uh, exempt properties are governed under
section 14-25A.

732
01:00:44,000 --> 01:00:50,079
Um, it's three years prior to the date
of the Idor determinations. When you get

733
01:00:48,160 --> 01:00:54,880
an a letter from the Illinois Department
of Revenue, it will say it will identify

734
01:00:52,640 --> 01:01:01,680
an assessment year in that letter. If
so, if the assessment year in the letter

735
01:00:56,640 --> 01:01:05,359
is 2025, it's three years prior to 2025.
Um, and you'd file a certificate of

736
01:01:03,280 --> 01:01:11,920
error for those three prior years. If we
get the letter after 2025 and 26, we

737
01:01:08,400 --> 01:01:15,920
would apply it um on in 2026 and going
forward. Um and then we could also

738
01:01:13,839 --> 01:01:21,280
correct for 25 and then any prior years
prior to 2025. Again, if you have

739
01:01:18,559 --> 01:01:25,359
questions about it, let me know. And
then I'm going to turn it over to Gina

740
01:01:22,960 --> 01:01:29,200
to or no, um Tasha had a few things she
wanted to say first before Gina finishes

741
01:01:27,760 --> 01:01:32,640
up for us.
>> This will be brief. I know we've covered

742
01:01:30,960 --> 01:01:37,280
a lot of material, but I know that
there's questions uh surrounding the

743
01:01:34,880 --> 01:01:44,480
valuation CVs and perhaps even exemption
CVES, but um we are working uh speedily

744
01:01:42,000 --> 01:01:48,559
on those. There there was a number there
were a number of months where we simply

745
01:01:46,400 --> 01:01:53,839
could not process the certificate of
errors while transitioning from the

746
01:01:50,880 --> 01:01:58,079
mainframe and 400 system to is world for
CVs. I mean it was a longer period than

747
01:01:55,920 --> 01:02:02,319
we had hoped, but as soon as that
process was available, of course, you

748
01:02:00,000 --> 01:02:07,680
know, making sure testing and then
starting to work um with it in December

749
01:02:05,839 --> 01:02:13,359
of 2025.
Um it's been where staff has been

750
01:02:10,400 --> 01:02:19,520
trained and they are working uh very
efficiently to get as many CVs worked

751
01:02:16,480 --> 01:02:26,240
and decided as possible. We are focused
on 2020s in particular because there was

752
01:02:22,799 --> 01:02:29,680
actually a deadline in November of 2025
based on what Christina just reviewed

753
01:02:28,240 --> 01:02:34,160
about the statute and the tax sale
timing. But because of this problem that

754
01:02:32,400 --> 01:02:37,920
we were prohibited from being able to
work the CVs, um we sought the

755
01:02:36,480 --> 01:02:43,839
assistance of the state's attorney's
office and the court and got a reprieve

756
01:02:40,480 --> 01:02:48,079
a tolling basically of that time period.
um use something that was familiar from

757
01:02:45,760 --> 01:02:52,240
the state's attorney's days to seek a
tolling so that we could have time once

758
01:02:50,319 --> 01:02:58,079
the process was available to work those
2020 CVs. We are very close with that

759
01:02:55,599 --> 01:03:02,960
deadline approaching and are almost
caught up on those 2020s. That said,

760
01:03:01,119 --> 01:03:08,000
you're probably thinking, well, where's
my refund? So, there is the part that we

761
01:03:05,599 --> 01:03:12,880
do to initially approve and issue the
COVID. Um some of them do require the

762
01:03:10,799 --> 01:03:17,359
board and court approval. As you know,
those that don't still are certified to

763
01:03:14,880 --> 01:03:22,799
the treasurer and then the treasurer is
responsible for processing those

764
01:03:19,520 --> 01:03:29,280
refunds. As you know, um there have been
some delays in both receiving and uh

765
01:03:25,839 --> 01:03:36,720
refunding um payments unfortunately. So
what we know at this point is that the

766
01:03:32,000 --> 01:03:41,839
treasur is focused on 2024 exemption CVs
being processed right now and working on

767
01:03:39,359 --> 01:03:48,160
some prior years getting that where the
testing works and they produce the right

768
01:03:44,960 --> 01:03:52,240
refunds and then they will return to the
valuation COVID refunds. What I

769
01:03:50,640 --> 01:03:56,079
understand is there were some errors
when they attempted to do some refunds

770
01:03:54,319 --> 01:04:00,799
um to refund some of those certificate
of errors on valuation issues that we

771
01:03:58,559 --> 01:04:04,000
had sent through and so they need to
make sure that they're processed

772
01:04:02,319 --> 01:04:08,319
correctly. They're working through that
as quickly as possible too. I will not

773
01:04:05,839 --> 01:04:12,559
speak for the treasurer's office but I
thought we could at least provide that

774
01:04:10,000 --> 01:04:17,119
update and as soon as they are able then
they will be working um through those

775
01:04:14,480 --> 01:04:21,680
refunds. We will also um just shout out
to our valuations team and Brian Cibila

776
01:04:19,599 --> 01:04:26,880
in particular and Christina who have
been working to make sure that the CVs

777
01:04:24,160 --> 01:04:32,640
are staying on track to be processed and
then the 21 through the 24ths will be as

778
01:04:30,160 --> 01:04:36,880
well. And if we have multiple years on a
CV then of course they're looking at the

779
01:04:34,799 --> 01:04:40,480
multiple years when they're addressing
the CVs.

780
01:04:38,880 --> 01:04:44,079
uh may not be all the news that you
would like to hear, but that gives you

781
01:04:42,319 --> 01:04:48,880
an update and we're doing everything we
can to keep those moving and uh to get

782
01:04:46,880 --> 01:04:51,760
the refunds out that that are
forthcoming.

783
01:04:50,559 --> 01:04:55,599
And then you're welcome to follow up
with the treasur's office from their

784
01:04:53,119 --> 01:05:01,200
end. Thanks for that. And I'll let Gina
wrap up on some other points.

785
01:04:58,960 --> 01:05:05,520
All right. So, um there was a couple
questions about the location of the

786
01:05:02,640 --> 01:05:09,839
addestation form. I accidentally, um
clicked the wrong answer. Um, but

787
01:05:07,920 --> 01:05:14,079
anyway, um, our rules do have
references, um, links, direct links to

788
01:05:12,880 --> 01:05:17,839
some of the documents you need,
including the addestation form. So, I

789
01:05:15,920 --> 01:05:23,200
just wanted to say that since I goofed
up the, um, type answer. Anyway, um,

790
01:05:21,359 --> 01:05:26,720
just to sum up, taxpayers and
representative and their representatives

791
01:05:24,880 --> 01:05:31,119
must read the appeal rules prior to
filing assessment appeal. In fact, Smart

792
01:05:29,039 --> 01:05:35,680
File has a button that you have to click
that says, I have read the appeal rules.

793
01:05:33,839 --> 01:05:40,640
Um current assessment years have to be
filed timely and within the published

794
01:05:37,920 --> 01:05:46,400
appeal window. Um we cannot accept early
appeals and we cannot accept late

795
01:05:42,480 --> 01:05:51,920
appeals. Um except of course in the for
file outage. Um we tell we give you a

796
01:05:50,079 --> 01:05:55,680
road map to what type of evidence that
you need for each kind of appeal. So

797
01:05:53,440 --> 01:06:00,799
please just look through our rules and
also our website provides a lot of

798
01:05:58,079 --> 01:06:03,839
information. Um, we don't have every
last little thing, but you know, we're

799
01:06:02,400 --> 01:06:07,680
always working on getting more and more
information out there. And if after

800
01:06:06,160 --> 01:06:11,039
looking at our website, rules and
everything, if you still have questions,

801
01:06:09,039 --> 01:06:16,079
of course, reach out to us. And next
slide, please, because here's some

802
01:06:12,400 --> 01:06:19,720
helpful information for you.
Next slide, please.

803
01:06:20,160 --> 01:06:29,280
So, we have four locations,
um, downtown, Bridge View, Markhamm, and

804
01:06:25,119 --> 01:06:33,200
Skoi. Uh right now uh since uh exemption
homestead exemption applications have

805
01:06:31,039 --> 01:06:37,039
gone out uh the branch offices are
likely to be very crowded with people

806
01:06:35,200 --> 01:06:41,839
who are trying to get their homestead
exemption. So if you have evaluation ex

807
01:06:39,760 --> 01:06:46,240
you know related question I would
suggest you come downtown now. Um you

808
01:06:44,240 --> 01:06:49,839
can schedule an appointment. Please note
that these appointments are not really

809
01:06:47,680 --> 01:06:54,880
hearings but you can talk to many of our
qualified staff for various reasons.

810
01:06:51,839 --> 01:07:00,480
incentives, FOYA, um you know, our
taxpayer resolutions team, um our

811
01:06:58,000 --> 01:07:04,400
property tax exempt team. Um I'm sure
I'm missing a few. Um our homestead

812
01:07:02,480 --> 01:07:09,119
exemptions, you can submit a FOYA
request online. Um the appeal filing

813
01:07:07,200 --> 01:07:13,359
assistance, if you're having trouble
actually using Smart File to file an

814
01:07:11,200 --> 01:07:16,480
appeal, um instead of reaching out to
one of the attorneys or something, reach

815
01:07:14,880 --> 01:07:21,359
out to one of the experts. And that's
the email here, assessor online appeals.

816
01:07:18,880 --> 01:07:25,440
They can really help you. um the exempt
property team. Again, if you have

817
01:07:23,359 --> 01:07:30,559
questions on how do I get this church
exempt, uh reach out to the experts, our

818
01:07:27,920 --> 01:07:34,799
exempt our exempt team and taxpayer
resolutions. They're just they're good

819
01:07:32,160 --> 01:07:39,839
at a lot of different things and also um
finding information for you, especially

820
01:07:37,039 --> 01:07:45,039
helping with um square footage issues.
Um they they help with a lot of issues

821
01:07:42,640 --> 01:07:48,480
and that is a really good email for you
to have in your back pocket. So, I'm

822
01:07:46,720 --> 01:07:51,480
going to turn this back over to
Angelina.

823
01:07:54,079 --> 01:08:01,200
I'm not sure if I'm still having audio
issues. Can you guys hear me?

824
01:08:00,079 --> 01:08:04,960
» Yeah,
>> not very well.

825
01:08:02,400 --> 01:08:08,559
» Not not well, but yeah, we can.
>> Okay, so someone else is going to have

826
01:08:06,319 --> 01:08:12,559
to do the Q&A.
Um,

827
01:08:10,880 --> 01:08:16,319
you can't hear me. One of you take that
on.

828
01:08:14,559 --> 01:08:21,839
Can you see the bottom? Gina or
Christina?

829
01:08:18,400 --> 01:08:26,480
So I think in wrapup um we if if we did
not answer your question today feel free

830
01:08:23,839 --> 01:08:31,600
to send an email and followup and we'll
provide the information that you

831
01:08:28,319 --> 01:08:37,040
requested um if we have it and this
information including the video will be

832
01:08:33,839 --> 01:08:41,759
available online um the updated policies
will be on available online shortly as

833
01:08:39,279 --> 01:08:45,600
well. We thank everyone for their time
and did I cover it appropriately

834
01:08:43,759 --> 01:08:48,560
Angelina? Well, no. We were gonna answer
a few. I think

835
01:08:46,799 --> 01:08:52,880
» Oh, gotcha. Sorry about that. Okay.
>> Well, you guys can hear me, right?

836
01:08:51,279 --> 01:08:55,679
» Now, we can. Yes.
>> Okay. I was gonna do it real quick

837
01:08:54,159 --> 01:08:58,560
because there are some very easy ones I
think you guys can knock out. We're not

838
01:08:57,199 --> 01:09:02,719
going to answer all of them because we
have gone over time. We'll dedicate

839
01:09:00,560 --> 01:09:07,679
maybe five minutes. So, really quickly,
feel like most questions were about the

840
01:09:04,960 --> 01:09:13,759
photos, Gina, and then the certificate
of air. So, some easy ones. Um, some of

841
01:09:12,799 --> 01:09:17,920
these are not going to answer because
these are these are easy. You could

842
01:09:15,120 --> 01:09:20,920
easily look at our website. Um, all
right.

843
01:09:21,520 --> 01:09:28,159
Okay. Could you please clarify the CCAO
requirement to provide photographs of

844
01:09:26,159 --> 01:09:32,159
comparable properties dated no earlier
than January 1 of the current year? How

845
01:09:30,400 --> 01:09:36,480
are the law firms with hundreds of cases
expected to obtain these photos? Are

846
01:09:33,839 --> 01:09:40,839
there any official resources or sources
that CCO considers acceptable?

847
01:09:40,960 --> 01:09:47,520
Okay, so for photographs, you really
need to make sure that you have a

848
01:09:44,960 --> 01:09:52,400
current photograph of the property that
you are using in your appeal and also

849
01:09:49,759 --> 01:09:57,120
for all the comps you use. What we see
so often, specific, particularly in

850
01:09:55,120 --> 01:10:02,560
residential appeals um from
practitioners is that you're saying that

851
01:09:59,679 --> 01:10:08,880
the property is a two-story brick home
and then the picture submitted is one

852
01:10:05,199 --> 01:10:13,760
story in wood. So, be sure that you're
looking at what your appeal says and the

853
01:10:12,080 --> 01:10:16,880
document that and the photograph that
you're submitting and make sure it

854
01:10:15,199 --> 01:10:20,880
matches up. Now, we're not going to go
out and investigate every photo to make

855
01:10:19,040 --> 01:10:25,760
sure you know that it's destamped right
then and there, but it needs to be

856
01:10:22,960 --> 01:10:30,480
current. It needs to be a current photo.
So, hopefully that answers your many of

857
01:10:28,320 --> 01:10:33,520
these photo questions. Make sure it
matches the property. Make sure it's

858
01:10:32,239 --> 01:10:37,760
current.
>> Okay. Um, here's one that came up. A

859
01:10:36,080 --> 01:10:42,480
couple of things. How are certificate of
error evaluations decisions transmitted

860
01:10:40,320 --> 01:10:46,920
and how do they secure a copy of the
certificate of error evaluation

861
01:10:43,920 --> 01:10:46,920
decision?

862
01:10:49,280 --> 01:10:58,480
» Currently, sorry,
we're unable to currently uh print

863
01:10:55,440 --> 01:11:03,840
certificate of error valuation decisions
um

864
01:11:00,239 --> 01:11:07,679
um using this is world at this time. The
only ones that we're able to print

865
01:11:05,360 --> 01:11:13,840
currently are for properties that are
100% tax exempt because those results

866
01:11:10,800 --> 01:11:18,560
are zero. Um, so we're working through
some things there so that we can again

867
01:11:16,800 --> 01:11:23,840
be able to print the decisions
themselves. Um, and and the recommended

868
01:11:21,600 --> 01:11:28,480
tax bills as well.
>> And in the meantime, we will directly

869
01:11:25,920 --> 01:11:33,600
transmit the certification to the
treasur's office and are working through

870
01:11:30,560 --> 01:11:38,800
the ability to print those decisions.
Got it. Thank you. Can a homeowner

871
01:11:36,000 --> 01:11:43,600
request a factual characteristic error
through the website at any time? Oh,

872
01:11:42,080 --> 01:11:47,440
when a question comes through, it bumps
my other question. Anytime or only

873
01:11:45,840 --> 01:11:50,440
within the appeal window of that
township.

874
01:11:54,400 --> 01:12:02,080
So, we have uh rules that address when
this can be done and how it can be done.

875
01:11:59,520 --> 01:12:07,120
So I believe it's like um the last three
rules um talk about certificates of

876
01:12:04,800 --> 01:12:11,040
error and also factual um correction of
factual errors. So if you just look at

877
01:12:09,120 --> 01:12:15,920
those rules, they'll tell you exactly
the different ways in which you can get

878
01:12:13,280 --> 01:12:21,840
that information to us. Uh when you can
do it and um you know just I think that

879
01:12:20,159 --> 01:12:28,719
just looking at those rules will really
answer a lot of these questions.

880
01:12:24,480 --> 01:12:33,280
» Okay. Um let's see. What is the
projected process? Oh, I feel like you

881
01:12:30,159 --> 01:12:36,960
answered that one now. Um, let's see.
Oh, another about the photos. A lot of

882
01:12:35,280 --> 01:12:43,679
coming up again. Is it required for
practitioners to use date stamp photos

883
01:12:39,040 --> 01:12:46,080
of the comparables used in the appeal?
>> It is.

884
01:12:44,159 --> 01:12:48,239
» Those photos need to be correct.
>> Yeah.

885
01:12:46,480 --> 01:12:53,840
» Yes. Thank you, Mike.
>> Yeah. and and and really if you if you

886
01:12:51,040 --> 01:12:59,520
look at the rules that um reference
photos um you're a practitioner,

887
01:12:57,520 --> 01:13:06,400
what we're really answering is the
question is how do you best make your

888
01:13:03,360 --> 01:13:10,719
case? Okay, you can submit whatever you
want out of a magazine, but we're not

889
01:13:08,640 --> 01:13:17,280
going to consider it as strongly as we
would is if you submitted photos,

890
01:13:14,239 --> 01:13:21,520
timestamped photos of uh the comparable
properties just as you would the subject

891
01:13:19,120 --> 01:13:27,640
property.
>> Okay. Yeah, lots of those photo ones.

892
01:13:24,640 --> 01:13:27,640
Um,

893
01:13:32,880 --> 01:13:39,040
uh, maybe this one will be our last one.
Why a certificate of air related? Why

894
01:13:37,360 --> 01:13:43,040
isn't the cert certificate of air
decision letter directed to the attorney

895
01:13:40,880 --> 01:13:47,280
who was hired by the client to represent
them? Many of these homeowners no longer

896
01:13:45,040 --> 01:13:50,960
live at the property by the time the CV
is resolved, and then the treasurer

897
01:13:49,120 --> 01:13:54,840
sends a check to the address that no
longer belongs to the owner.

898
01:13:56,960 --> 01:14:05,440
I believe that stems from the treasur's
request based on the taxpayer of record,

899
01:14:02,000 --> 01:14:09,000
but um we can certainly uh have a
discussion about that.

900
01:14:10,080 --> 01:14:19,440
» Okay. Um
yeah, something about the homeowners

901
01:14:16,800 --> 01:14:23,199
uh some exemption questions. These are
all posted on our website when the due

902
01:14:21,520 --> 01:14:28,239
date. We don't have a due date right now
when they're finally when they're due.

903
01:14:26,719 --> 01:14:32,159
We have a cuto off date for the
exemption applications that'll be found

904
01:14:29,920 --> 01:14:37,040
out online. All the questions you have
relating to the order of townships and

905
01:14:34,640 --> 01:14:41,440
appeal deadlines also you can find
online. Once we have those, we post

906
01:14:39,120 --> 01:14:49,120
them. We don't post exact dates, but we
post um time frames like we'll put early

907
01:14:44,000 --> 01:14:55,040
May, um late May as an example. So, most
of this you can find online, but again,

908
01:14:51,600 --> 01:14:59,679
you can access this video.
Um, it'll be posted hopefully by

909
01:14:57,920 --> 01:15:04,640
tomorrow. It's just a big file. Takes a
little time to render and all that. Um,

910
01:15:02,719 --> 01:15:08,560
and we'll also post a copy of the
presentation and the appeal rules will

911
01:15:06,880 --> 01:15:11,840
be updated themselves. On the
presentation, you have all of our

912
01:15:09,920 --> 01:15:16,400
contact information if you have any more
questions. Okay. Thank you very much for

913
01:15:14,480 --> 01:15:19,400
joining us today and thank you to our
presenters.

914
01:15:19,520 --> 01:15:23,719
All right, signing off. Bye.