Assessing the assessor - Chicago Reader

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Assessing the assessor - Chicago Reader
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Fritz Kaegi discusses his role in reforming an office known for patronage and favoritism. | _KellyGarcia__

The heated race for Cook County Assessor is a case study on Chicago-style politics. Fritz Kaegi, the reform-minded incumbent who was left with a mess to clean up by his predecessor, is facing a challenge by Kari Steele, a politically connected commissioner of the Metropolitan Water Reclamation District, which manages wastewater treatment and floodwater mitigation.

to talk about what changes he’s made since and to explain why Cook County voters should give him another chance.Kelly Garcia: What does the Cook County assessor do?It provides the way that we’ve split up the bill for the cost of government around here. In Chicago, there’s about somewhere between $7.25 and $7.5 billion of property taxes that have to be collected every year.

Residents from Pilsen and Little Village often tell me they’re facing a burden of higher property taxes, which is pricing them out of the community. How are you addressing this? Now, I think there’s another part that I have less control over that people might want to blame me for, which is when gentrification drives up the values of properties. And eventually the assessment system catches up if we’re doing our job, because you don’t want to systematically undervalue some properties because then you’d be passing on the tab to others, to people who live in neighborhoods where prices have not been going up.

[Editor’s note: one-third of properties in Cook County have their taxes reassessed each year; in 2021, properties in Chicago were that third.] We also replaced the 40-year-old computer program that was the backbone to our system. In 2020, we put in place an online appeals system and online exemptions system. In 2021, we replaced the backbone of the system; that has allowed other gains such as automatic renewal of the exemption for seniors.

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