Peoria Pundit Gets It!

Commenting on a Peoria Journal Star article, the Peoria Pundit reminds us of a few facts about our property taxes (emphases are our own):

. . . Time and again, I hear elected officials brag about how they’ve voted to maintain or even lower the property tax rate. They do this even though their consistently vote to raise the property tax levy as much as possible without trigging a dreaded increase in the property tax rate. The reason people get property tax bills that go up is because property is constantly being re-assessed at higher values.

It’s such a con job. Were someone to sit down and devise a means to tax real estate in a way that lets taxes go up, but lets politicians claim they didn’t raise taxes, it would look very much like what we have hear in Illinois.