North Shore School District 112 now participates in tax assessment freeze program
January 31, 2018 – North Shore School District 112 (NSSD112) has opted to participate in the tax assessment freeze program. The decision gives the Lake County Clerk the ability to process requests that maintain the owner’s property tax assessment for 8-years after a qualified rehabilitation, lowering the financial commitment necessary to preserve a historic home. The policy change for NSSD 112 follows a similar action taken earlier this year by Township High School District 113, which filed exemption requests in 2015 and 2016. The recent decisions by Districts 112 and 113 put the institutions in the majority of taxing districts in the state. Read the NSSD112 press release on the news below.
(pictured: NSSD112 CFO Chris Wildman and District 113 Asst. Supt. for Finance Ali Mehanti join Landmarks Illinois officials and local community leaders in front of the Mary W. Adams House in Highland Park designed by Frank Lloyd Wright in 1905.)Read More