Saturday, December 20, 2008
Friday, December 19, 2008
Talking Circus Dogs
Saturday, December 13, 2008
Thursday, December 11, 2008
Wednesday, December 10, 2008
Tuesday, December 09, 2008
Ready Another Cell For Another Illinois Governor
You know the rest. Blago seemed to think the vacant senate seat of Obama's is his personal chit. I think we now understand his and Durbin's "empathy" for Ryan and their support for a Bush pardon.
I can't help but remember 2002 when this joker was hailed by the Illinois left (teachers, unions, minorities, etc.) as the second coming. He even got nearly 55% of the vote! I'll bet you can't find 5 out of 10 of your friends that will admit to voting for him now.
Sound familiar?
Just remember - we've said all along - if you like Illinois you're going to LOVE Obama-Clinton.
Wednesday, November 12, 2008
Wet and Wild in Woodford
Meteorologist James Auten works at the weather service office in Lincoln. Illinois. He says rainfall on Tuesday pushed this year's rainfall to more than 51 inches. Auten says that beats the 1927 record of 50.8 inches.
These records have been kept since 1905.
Well, we warned you . . . the Illinois model taken national
Illinois (never looked at nor analyzed by the press during the election cycle) has been the "beneficiary" of an Obamaesque scenario for years now. One party holds the house, senate, and governor's mansion (although the Governor prefers to reside in Chicago rather than our capital in Springfield).
President-elect Obama was this party's wonderkind. Illinois is bancrupt. Illinois has no budget approved. Illinois bonds have been in the toilet for years now. The state is jumping on the blame Bush bandwagon but it had nothing to do with Bush. This is a Democrat executive and legislature and they can't agree amongst themselves which special interests they want to support more.
So we have gridlock.
Did anyone else across the country actually get to know what we're dealing with in Illinois regarding our annointed - Obama, Durbin, Emmanual, Daley, Blago, Rezco, the Madigans, the Jacksons, the Jones, et. al.?
Enjoy. Consider it our gift to the Nation. No thanks necessary.
Ohhh, by the way . . . anyone interested in buying a state lottery . . . cheap? See our E-Bay listing.
Sunday, November 09, 2008
Saturday, November 08, 2008
Wednesday, November 05, 2008
Guest Commentary
Don't Be Tempted [John J. Pitney Jr.]
Saturday, October 25, 2008
Take Some Time Off - Vote!
Talk About Your Marriage Penalties!
If "the rich" are now to be those earning over $200,000 per year and we must spread around more of their wealth, then shouldn't the married couple be deemed rich at the $400,000 level?
Where did this $250,000 for a family come from?
Talk about a marriage penalty! It could hold down the incidence of gay marriage.
It simply points out how ridiculous arbitrary tax brackets are and reminds us of their unintended consequences.
By the way, why is it that when the government wants money it's always indexed to inflation (via percentages of income) but the deductions/credits are always based on firm numbers?
Friday, October 24, 2008
Heads Up ! ! ! !
Monday, October 20, 2008
How are Illinois Property Tax Assessments Determined?
The goal is for each property -- or at least each residential property -- outside Cook County to be assessed at a figure equal to one-third of the price it would actually have brought if it had been sold on the open market during the previous three years. For example, a house that would sell for $300,000 in the real world theoretically should be assessed at a taxable value of $100,000.
Agricultural land is assessed differently, and much lower, based on a complicated formula judging how much it could earn when used for farming. Residential properties in Cook County supposedly are assessed at 16 percent of their market value.
The process of deciding how much each property owner should pay occurs in four steps:
The township - Under state law, township assessors must analyze every piece of property in their townships through a "general reassessment" at least once every four years. The last such quadrennial year was 2007. The next will be 2011. Township assessors may do this complete reexamination more often if they have the resources to do so.
The county - Each county's supervisor of assessments looks at specific pieces of land and compares what they sold for in 2005, 2006 and 2007 to what their township assessor had judged they were worth. If the township figures seem too low or too high, the county assigns a multiplier that is applied to every parcel in that township. The goal is to make sure that homeowners in one township don't pay higher taxes to their school district (for example) than people in the same school district who have similar property but whose property values were set by a different township’s assessor.
The state - Officials at the Illinois Department of Revenue also dive into sales-price ratios during the past three years to make sure each county is in the same ballpark. If discrepancies are found, the state assigns a multiplier to all properties within that county. Again, the object is to keep one county's taxpayers from getting an unfair advantage over another county's.
The tax - In late fall, each local governmental taxing body asks for, or "levies," an amount its board members think they need to operate. This is divided by the total assessed value of all properties served by the government to determine a tax rate. That tax rate then is multiplied by each owner's equalized assessed valuation to figure how much he must pay.
Counties under the state’s PTELL (Property Tax Extension Limitation Law) limit how much a levy can increase from one year to the next, and taxes are collected this year from whomever owned the land last year, based on its estimated sales value over the past three years, divided by three.
Those with eyes to see; Those with ears to hear . . .
These are critical times. There is the real possibility now that we will have a leftist president with leftist extreme majorities in the U.S. House and Senate. It may already be too late to stop some of the agendas already being primed and seeded. We think the most disturbing of these are the demise of publicly funded presidential campaigns and the much desired Democrat initiatives to end private voting for unionization drives and the "equal time" laws which are designed to silence "liberal" critics.
Do not lose faith in the face of these trends. Recognize that a Democrat "run" at the national level will engender great disappointment and disillusionment in the Obama maniacs. There is no way the promises can be kept.
One way or another, Americans will eventually face up to their destinies and do what they always have done, which is become more self reliant, industrious, and common sensical.
Let those with eyes to see - see; let those with ears to hear - hear.
All will be well.
This is not a time to hunker down. This is a time to stand up for truth, fact, and common sense. Act locally. Tell your school districts, library districts, county governments, and all other taxing authorities that you will not stand for more spending and more taxing. These folks have been riding on ever increasing property assessments. Those days are finished for several years to come. It's time to pull in the budgets and build reserves - not spend like the past.
We will reinvigorate this site to assist in the effort. We thank you for all of your past support.
Friday, May 30, 2008
Those Who Forget History . . .
from Quotes of the Day
"There's an old saying about those who forget history. I don't remember it, but it's good."
Wednesday, May 21, 2008
Monday, May 19, 2008
World Infant Mortality
Sunday, May 18, 2008
One Illinoisan's Perspective On Property Taxes
From a letter to the Northwest Herald, Crystal Lake, IL 60014: Outrageous property taxes
To the Editor:My wife and I moved into our Woodstock retirement home more than two years ago. Last year’s property taxes were $5,099. This year’s were a whopping $7,259. That represents a jump of more than 40 percent.
We had moved out of a huge, five-bedroom home in Arlington Heights because we couldn’t afford the $7,200 property taxes there.
We left an area with great amenities, including the Lake County Forest Preserve only two blocks away, a beautiful park just three blocks away, and loads of nearby shopping.
I’m 64 and disabled. I thought moving to McHenry County, with its much lower land values, would equate to lower taxes. (I was wrong.)
We live in the smallest, three-bedroom home, with a half basement, on the smallest lot in our development. Yet, our neighbors, with much larger homes, full basements, and on larger lots, pay less than we do. Does this make sense?
I’ve spoken to both the county treasurer’s office and the township office, and hear the same “excuses” that my tiny home is worth more.
What can I do?
All I can afford to do is move to a much less expensive area, such as western or southern Illinois, or Iowa.
William Bodzioch
Woodstock
Wednesday, May 14, 2008
If You Liked Elders, You'll Love Obama/Clinton
Elders said she looks at abstinence-only education as "almost child abuse". She says teens have feelings and hormones raging, and haven't been equipped with the tools to make good decisions.
Elders, former Surgeon General for the first Clinton administration, was born Minnie Lee Jones in Schaal, Arkansas. In college, she changed her name to Minnie Joycelyn Lee (later she used just Joycelyn).
Friday, May 09, 2008
Fat tax break for felon
Key Rezko witness Stuart Levine saved $351,000 on property taxes over 11 years
Stuart P. Levine, the star prosecution witness in Tony Rezko's corruption trial, might be an admitted drug user and felon. But he's savvy when it comes to his property taxes.
Levine found a way to save $351,715.12 over an 11-year span. And -- unlike many of the crooked deals Levine admitted to on the witness stand -- his tax break was perfectly legal.
Levine got his break through the Illinois Historic Preservation Agency's "property tax assessment freeze" program. The idea is to offer tax breaks to encourage people to renovate historic homes.
First, you make sure your home meets the state's criteria for "historic." Then, you do the construction work, making sure the project is up to state standards.
If the state agrees, you get a "certificate of rehabilitation." That freezes the assessed value of your home -- the figure your property taxes are based on -- for eight years. In the next four years after that, your assessment is gradually ramped back to normal.
Levine's house, on Deere Park Drive in Highland Park, is a good example of how lucrative the program can be.
Levine and his wife, Sheri, bought what's known as the E.C. Fucik house in the early 1990s for $1.8 million, Lake County property records show. It's a stone, English-manor-style structure that dates to the 1920s, overlooks Lake Michigan and has a private beach.
The Levines wanted more space, an updated kitchen and new windows, among other things. So they hired an architect to oversee plans for a two-story addition, plus interior work, records show.
Under historic-preservation rules, the addition and other work had to match the existing house. The Levines ended up spending $588,327 on their rehab project, which wrapped up in November 1995.
Then, they reaped the financial benefit. Between 1996 and 2007, the Levines paid $338,977.51 in property taxes (see chart). Had their house not been part of the state program, they would have paid more than double that amount in property taxes -- $690,692.63 -- during that time.
Now, the freeze has expired. And the Levines are moving out.
They put their house on the market Jan. 2, with an asking price of $4.95 million -- about double what they paid for it and spent on renovations.
The six-bedroom house -- with four fireplaces and a four-car garage -- went under contract in early March for an undisclosed amount. It has yet to close, according to property records.
Levine's home is among 3,158 houses and condos statewide allowed in the tax-freeze program since 1985. Preservationists credit the tax breaks with keeping historic buildings in good shape.
A downside: Other taxpayers pay a little more in taxes to make up for people who have the tax breaks. Exactly how much depends on the number of historic structures in various taxing districts.
Originally charged with money-laundering, attempted extortion, mail fraud and other crimes, Levine pleaded guilty to two of the 24 counts against him. He's expected to get 67 months in prison.
Chris Fusco
Friday, March 28, 2008
The Mill Is Big Business
March 28th, 2008 courtesy Bruno Behrend
Planned Parenthood Abortion Business Makes $1 Billion Profit for First Time
The report shows an increase in the number of provided abortions from 264,943 in 2005 to 289,650 in 2006.
Planned Parenthood reveals it has doubled “excess of revenue over expenses” funds from $55.7 million in 2005 to $112 million in 2006.
Of concern to pro-life groups, Planned Parenthood acknowledges the receipt of over $336 million in government grants and contracts from both state and federal governments. However, the abortion business provides no breakdown showing how much Planned Parenthood received from the federal government or specifics states.
Well, sure . . .
Monday, March 24, 2008
Bond Issues Finally Explained!
Tuesday, March 18, 2008
Sunday, March 16, 2008
Sub-Prime Losses By Company To Date
Saturday, March 15, 2008
1,100 Gallons per Gallon!
A study on bio fuels and water published by the Institute for Agriculture and Trade Policy (IATP) provides the following estimate:
For Iowa, in the heart of corn production in the U.S., the water use (associated with crop water requirement) for producing a gallon of ethanol has been calculated to be between 1081 and 1121 gallons of water. However in fully irrigated agriculture, crop water use increases substantially.
For example for corn grown in Southwestern part of Nebraska, where it is irrigated, the average water use (associated with crop water requirement) for producing a gallon of ethanol has been estimated to be about 1568 gallons of water.
Illinois Property Tax Primer
From Suburban Chicago, the Daily Herald reports:
As a homeowner, you have a lot of responsibilities. From mortgage payments to home improvements, finally calling a place "home" can be both exciting and overwhelming. This tax season, we take a look at property taxes, a local tax on homeowners based on the value of the property they own.
According to the Illinois Department of Revenue, homeowners should know some basic information about property taxes to ensure that their property is assessed fairly.
"Property taxes are used to finance the majority of services provided to citizens within a community," said Piero Orsi, president of the Realtor Association of NorthWest Chicagoland.
"There are about 6,900 local governments in Illinois that use property taxes to finance their budgets. That's why Realtors are tax watchdogs who protect your property rights. Consumers, too, should get educated about the property tax process so that they not only know where their money is allocated, but their rights as well."
The first step in getting your property value properly assessed is understanding the tax cycle. Typically, the property tax cycle in Illinois lasts two years. During the first year your home's value is estimated and reviewed. The second year you are billed for the taxes for the previous year, usually paid in two installments. For example, this year you would pay taxes on assessments made in 2007.
Your home is assessed based on its market value, or the amount that it would sell for in an open market. With the exception of Cook County, all Illinois counties are assessed at 33½ percent of this market value. To make sure these evaluations are done correctly, you can compare the assessed value given to you with similar homes in your neighborhood.
"Assessors try to keep values accurate within different areas, but as a homeowner it is your responsibility to make sure you obtain a fair assessment," said Orsi. "Local Realtors are familiar with the fair market values of other properties in your area and can help you find comparable assessments."
Here are some possible reasons property taxes may increase from information provided by www.YourlllinoisHome.com under "Financing" then "Property Taxes."
• Property values in the area are increasing.
• Improvements were made to the property (e.g. an addition added; extensive remodeling; a new deck or patio).
• The property was under-assessed in relation to other properties and this error has been corrected.
• The property has a homestead exemption that has been removed.
As a homeowner in Illinois, you may also qualify for a property tax exemption depending on your situation. Here are a few from the Illinois Department of Revenue:
General Homestead Exemption. You can qualify for this exemption if you occupy your property as primary residence on or before Jan. 1 of the tax year. You are eligible for up to $5,500 reduction in assessed valuation available for 2008. This amount rises to $6,000 in tax year 2009 and thereafter.
Senior Homestead Exemption. For those 65 years of age and older who own and occupy the property as a principal residence.
Senior Assessment Freeze. Seniors who are at least 65 years old and whose total household income is less than $55,000. This "freezes" your home's assessed value as long as you qualify for the exemption.
Homestead Improvement Exemption. Applies to those who add on to, remodel their property or rebuild after a catastrophic event. Exemption continues for four years after the remodeling or rebuilding is completed and occupied.
Disabled Persons' Exemption. For those who are disabled or become disabled within the assessment year. Participants may not claim both this and a Disabled Veterans' exemption.
Disabled Veterans' Standard Exemption. For housing owned and used by a disabled veteran or his or her unmarried surviving spouse. Determined by the Illinois Department of Veterans' Affairs.
Returning Veterans' Exemption. Applies to Illinois residents who served in the U.S. Armed Forces, Illinois National Guard, or U.S. Reserve Forces upon their return home. Participants can qualify in subsequent year if he or she returns to active duty.
"When you purchase a home, it is important that you find out the property tax amount that has recently been paid and if the previous owner's tax bill included any exemptions," said Orsi. "Some exemptions may apply to you as the new owner. Visit www.YourIllinoisHome.com, Financing, www.iltax.com/ for more information."
Friday, March 07, 2008
Obama's Illinois Rise From The Inside
Wednesday, March 05, 2008
Perfect Home For Eureka's New Pool!
All we would require is a small fee for a 'feasibility study'.
Sincerely,
WoodfordTaxFacts.Org
Tuesday, March 04, 2008
Eureka Budget Priorities?
The mayor's new salary is to be $5,000 per year and the clerk's new salary is to be $4,500 annually. So the pool study would pay the mayor and clerk for some 2 and 1/2 years.
The pool study cost is more than 3 times the monies budgeted for the town's sesquicentennial celebration this summer.
The pool study cost would pay for 3 years of 4th of July fireworks and attendant festivities.
The pool study cost is 2 1/2 times what is budgeted for downtown beautification.
Is the pool study cost worth it? To whom?
Wednesday, February 20, 2008
Smoke and Promises
They've been over promised.
They've been over promised.
Why are some folks in mortgage trouble from the past couple of years?
They've been over promised.
Why do they think it's up to someone else to bail them out?
They've been over promised.
Why is the State of Illinois (depending upon who's doing the estimates) $ 140 billions in debt?
They have over promised.
Why is Medicaid and Medicare unsustainable?
They have over promised.
Why are your property taxes more than your house payment?
They have over promised.
Why will all of this rhetoric about hope, change, and believing lead to further despair?
You guessed it.
What in the heavens does the President of the United States have to do with local education funding? Nothing.
What does the President of the United States have to do with teacher salaries? Nothing.
What does the President of the United States have to do with job creation? Nothing.
What does the President of the United States have to do with your health care insurance? Nothing.
We need leadership based in hope, faith, and 'the shining city on the hill'. No doubt. We need to inspire youth. No doubt. We need to make government more accountable. To be sure. Ronald Reagan epitomized this vision. However he, as did the Founders, believed that the hope, faith, inspiration, and foundation of the "city on the hill'', are the people. They believed that getting out of their way was the best hope for the brightest American future. That is why Reagan was a constitutionalist and this nonsense about President Bush and the current administration 'destroying' the Constitution and individual rights is just that - nonsense. The over riding theme of the document is the 'limitation' of government. Contrast Ronald Regan's themes with the same promises but based on one man, woman, or one federal administration 'giving' hope, faith, inspiration to the people by moving wealth around.
They over promise and they do it in a particularly objectionable way, and if they succeed in the bamboozlement you will see a disillusionment in this country that will make the 60's and 70' look like a tea party.
Pre-Barack Pride?
I know she's a little young to remember with appreciation Apollo 8 circling the moon Christmas eve of 1968.
I suppose she was not impressed with the way Americans responded in the wake of the 9-11 attacks.
I doubt she was proud when the United States unilaterally turned over essentially all of its Global Positioning Satellite technology to the world at large.
This country definitely has its problems. But I shudder at someone who has never been proud to be an American until her husband is put into politics. I think this country is a bit larger than Barack Obama.
I suppose she was ashamed of the "miracle" U.S. hockey team defeating the Soviets in the 1980 Olympics.
Sometimes it just takes a little bit of humility to be proud of your country.
Sunday, February 17, 2008
U.S. Senators as U.S. Presidents
Only two men were ever elected President directly from the U.S. Senate. The first was Warren G. Harding, who served in the Senate from March 4, 1915, until his resignation, effective January 13, 1921, having been elected President.
The other sitting Senator to ascend to the presidency was John F. Kennedy, who served in the Senate from January 3, 1953 to December 22, 1960, when he resigned to become President.
As was the practice until the Constitution was amended in 1913 to provide for direct election of U.S. Senators, the Ohio state legislature elected Garfield on January 13, 1880 to serve as a U.S. Senator. His Senate term was to have begun in March of the following year. Garfield never served in the Senate, however, having been elected U.S. President in the interim. On the day he would have started his Senate service, March 4, 1881, he was instead attending his inauguration as President.
We Just Love This Guy. Bookmark His Site!
OK, I guess I have to admit that there are two Americas: The one that no one wants to live in any more and the one where everyone is moving to.
Unfortunately, it appears that our next president will be from Illinois or New York, two of the eight states the local government has screwed up so bad that no one wants to do business there any more. I guess both Hillary and Obama can claim that their states have licked the immigration problem bay increasing taxes and regulation so much that no one wants to come to their states any more.
Friday, February 15, 2008
Thursday, February 14, 2008
The Past Is, Like, Sooo - Yesterday
Man, this is so Funny -
click here for the audio of a Rush Limbaugh's fake ad for Obama.
Tuesday, February 12, 2008
Quote Of The Day
Monday, February 11, 2008
And The (book sales) Votes Are In!
Another Prong In The Fork
Did the city of Eureka ever fix all of the water and sewer infrastructure problems which were plaguing the system a few years ago? It seems to us that there were over 5 miles of mains and pipes to be replaced at a cost of nearly $3 millions.
If not, perhaps that would be a better place to spend that money. If so, perhaps they could pay off those bonds before issuing more for a pool.
Then again, maybe they are planning to collect all of the water leaking out of the municipal water supply and fill the pool with it.
We understand that there are gambling tax revenues to be had from the suburban Chicago horse racing facilities with the formation of a "proper" park district. However, we wonder if creating another administrative tax district with its attendant salaries and pensions spread out upon the backs of the property tax payers in (what has always been discussed as the base for this) the District 140 wide area is the proper road for the city of Eureka.
Usually a fork has four prongs. We now have the ball fields and programs, the "dog park", and the pool. What is the final prong on this latest fork to be stuck into the property tax trough? Perhaps a nice Eureka Civic Center? We'll find out soon enough.
Friday, February 08, 2008
Castle or Yoke?
Guest Editorial: How can a man’s home be his castle, if a man’s house is a heavy yoke around his neck?
In his work, “Democracy in America,” Alexis de Tocqueville notes, “A democratic government is the only one in which those who vote for a tax can escape the obligation to pay it,” and he questions whether a free society can long survive that discovery. Obviously that discovery has been made, for many more are eligible to vote than are required to pay, and many who are required to pay are required to pay more than they can afford. Is this what the founders of this Democracy in America sacrificed their fortunes and lives to secure? I think not!
Now it is true that the descendents of the agents of old King George live on in Washington and Springfield, and they tax much more than tea.
But it is the reincarnations of those more notorious Tax collectors of Biblical fame who reside in our local seats of government. In like manner as those who confiscated in the name of Caesar and Herod, these publicans attach themselves not only to the current fruit of our labor, but they also have the audacity to lay claim to the essential roofs over our heads. Apparently, each June and September, these fellow citizens of ours have nothing better to do than enter our private dwellings and demand the silverware.
We have not yet been compelled to sell our sons and daughters into servitude to meet their annually increasing levies against our family homes. But, like the peasants of old in Palestine, many of us have had to mortgage our houses and lands to pay these taxes, and any of us who cannot pay the last farthing will shortly find our persons and kin thrown out into the street.
And what do they use these forcibly collected monies for? Some for services to the common good, too be sure. But much of it is used to built monuments to themselves; Civic Centers, airports, office buildings, and courthouses. And of course they must always be constructing bigger and better facilities in which to secularize our children, much as the Herods of old used the taxes from the Jewish people to forcibly Hellenize their culture.
The income taxes of the current King George, while not born by all, are at least only a one-time levy on our annual increase. The sales taxes of his vassal Rob are at least a levy on the consumption of all of us, (and on luxuries which are occasionally enjoyed by even the common citizen if he has a little something left over after paying his taxes.)
But the Real Estate Tax is Regressive and Oppressive. It is a tax, not on earnings but on principle. It is a tax not on spending but on savings. It is a tax, not on the peripherals of living but on the essential of family life. It is an ever recurring and increasing levy on false and inflated home values that has to be paid with the real sweat of real brows.
Presidential candidate Clinton has recently called for moratorium on foreclosures. What is needed is the abolition of one of the causes of these personal and family catastrophes – the Real Estate tax on private family homes.
Dennis W Dillard
Hanna City, IL
Wednesday, February 06, 2008
Monday, February 04, 2008
You Think That's Big?
The world’s largest wind turbine is now the Enercon E-126. This turbine has a rotor blade width of 413 feet. The E-126 is a more sophisticated version of the E-112, formerly the world’s largest wind turbine and rated at 6 megawatts.
This new turbine is officially rated at 6 megawatts too, but will mostly likely produce 7+ megawatts (or 20 million kilowatt hours per year). That’s enough to power about 1,775 American homes per year on one wind turbine.