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Tax Guide
Real Estate Transfer Tax
$3 per $1,000 of value payable by the seller
(click here to down load Real Estate Transfer Tax Form)
Sales Tax
8.75% on general merchandise
7.0% on registered motor vehicles
Simplified Telecommunications Tax - 6%
Hotel/Motel Tax
3 1/2% for establishments of 349 rooms or less
6% for establishments of 350 rooms or more
Aggregate Property Tax Rates in Skokie
Shown by elementary school district.
(per $100 of equalized assessed valuation)
2006 Tax Levy
School District 68.0 - $ 7.193
School District 69.0 - $ 8.462
School District 72.0 - $ 6.731
School District 73.0 - $ 7.850
School District 73.5 - $ 9.338
School District 65.0 - $ 7.705
Average Tax Rate - $ 7.789
Village of Skokie 2006 Property Tax Levy (Payable in 2007) – Key Points
- Skokie ’s tax levy is the same as it was back in 1990 due to a self-imposed property tax freeze. Thus, the 2006 property tax levy was the same as it was back in 1990.
- Based on an average, the Village accounted for 8.15% of an average property tax bill for 2006.
- Over the sixeen years of the self-imposed property tax freeze, Skokie’s percent of an average taxpayer’s property tax bill has decreased from 15.2% in 1990 to 8.15% in 2006.
- Based on an average Skokie taxpayer’s property tax bill, school districts account for an average of 67.1% of the tax bill for 2006.
- Elementary schools averaged 38.4% and high schools averaged 28.7% for 2006.
- Resident’s individual taxes paid to the Village vary, however, on their individual level of assessment and the school districts in which they reside. The term "assessment" reflects the valuation of the property by the Cook County Assessor’s Office. Cook County reassesses properties every three years. The current tax bills are the second bills to be issued in the three-year assessment cycle.
- Depending of the level of the assessment for each property, any given resident’s Village of Skokie property tax line may show an increase/decrease or even remain somewhat constant. This is all a byproduct of the tax extension process over which Skokie does not have control.
To see detailed tax diagrams please click here.
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