Public Accountability Report Public Accountability Report

2024 Correct Assessment Determination
Mission Statement It is the mission of the Property Tax Appeal Board to adjudicate real property assessment disputes between real property taxpayers, county boards of review, and local taxing districts in a timely, professional, and impartial manner.
Program Goals and Objectives
  1. Provide an informal forum, open to the public, for the speedy hearing of appeals.
    1. Resolve appeals in a timely fashion by issuing impartial decisions based on equity and the weight of the evidence.
      1. Establish clear, concise, accurate, and timely communications with the public.
        1. Maintain a workforce that demonstrates the highest standards of integrity, efficiency, and performance.
          Source of Funds Personal Property Tax Replacement Fund Statutory Authority 35 ILCS 200/Art. 7
          Fiscal Year 2025 Target/Projected Fiscal Year 2024 Actual Fiscal Year 2024 Target/Projected Fiscal Year 2023 Actual Fiscal Year 2022 Actual
          Input Indicators
          Total expenditures - all sources (in thousands) $ 10,321.3 $ 7,897.5 $ 9,108.4 $ 7,244.3 $ 6,435.7
          Total expenditures - state appropriated funds (in thousands) $ 10,321.3 $ 7,897.5 $ 9,108.4 $ 7,244.3 $ 6,435.7
          Average monthly full-time equivalents 40.0 36.0 44.0 39.0 40.0
          Output Indicators
          Number of open appeals at the beginning of the year 105,000 98,634 98,634 83,034 104,359
          Number of new appeals added 65,000 70,499 48,000 53,333 19,652
          Number of appeals closed 47,000 45,445 42,000 37,733 40,977
          Outcome Indicators
          Percentage of closed appeals vs. new appeals 70.00% 64.00% 87.00% 70.70% 209.00%
          Percentage of closed appeals vs. all appeals 28.00% 27.00% 29.00% 27.70% 33.00%

          Looking for more information?