| 2025 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 |
|
||||
| Source of Funds | Personal Property Tax Replacement Fund | Statutory Authority | 35 ILCS 200/Art. 7 | ||
| Fiscal Year 2026 Target/Projected | Fiscal Year 2025 Actual | Fiscal Year 2025 Target/Projected | Fiscal Year 2024 Actual | Fiscal Year 2023 Actual | |
|---|---|---|---|---|---|
| Input Indicators | |||||
| Total expenditures - all sources (in thousands) | $ 9,098.6 | $ 8,291.0 | $ 10,321.3 | $ 7,897.5 | $ 7,244.3 |
| Total expenditures - state appropriated funds (in thousands) | $ 9,098.6 | $ 8,291.0 | $ 10,321.3 | $ 7,897.5 | $ 7,244.3 |
| Average monthly full-time equivalents | 43.0 | 36.0 | 40.0 | 36.0 | 38.0 |
| Output Indicators | |||||
| Number of open appeals at the beginning of the year | 108,852 | 123,714 | 90,636 | 98,633 | 83,029 |
| Number of new appeals added | 47,177 | 45,222 | 50,371 | 70,499 | 53,333 |
| Number of appeals closed | 40,757 | 38,905 | 38,575 | 45,418 | 37,729 |
| Outcome Indicators | |||||
| Percentage of closed appeals vs. new appeals | 108.00% | 86.00% | 99.00% | 64.00% | 71.00% |
| Percentage of closed appeals vs. all appeals | 28.00% | 23.00% | 27.00% | 27.00% | 28.00% |