One of the pitches made by House sponsors of the Megaproject PILOT bill just passed was property tax relief for hjomeowners.
Now comes the Governor’s office , according to the Chicago Sun-Times, that A”A analysis conducted by Pritzker’s office and shared with legislators found that from a hypothetical $20 million PILOT payment made for a large industrial development, a typical Illinois homeowner would see only $1.29 in relief.
I’m looking at the $600 million Lithium battery farm on ghe horizon in Prairie Grove, which iasin Crystal Lake High School District 155.
It will be sited, according to state law, and, assuming that is the case, local tax district should get the full tax benefits, not a fraction.
