Public Finance & Taxation |
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Preserving and enhancing revenue is critical to providing vital public services. Our attorneys are knowledgeable about strategies for protecting and increasing revenues from property taxes and other sources. We counsel clients on issues regarding finance issues including Truth in Taxation procedures and other legal requirements relating to tax levies, interfund transfers, use of tort immunity funds, fiscal strategies in the tax cap era, and referendum requirements. RSNLT attorneys guide our public sector clients in complying with the applicable state laws so that their annual tax levies can be defended against challenges by tax rate objectors. We work with our clients to expand opportunities presented by intergovernmental collaboration through TIF districts, economic development zones and abatement incentives designed to promote the growth of the local tax base. We vigorously defend tax assessment challenges to protect the property tax base which helps to generate revenues upon which our clients rely. We also prepare developer-donation agreements and advise land/cash contribution ordinances. Our real property tax practice group attorneys work with tax appraisal experts to fend off unwarranted assessment reductions of commercial and industrial property to preserve property tax revenues, avoid financially debilitating refund liability and maintain
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| Chicago 55 West Monroe, Suite 800 Chicago, IL 60603-5144 312.332.7760 312.332.7768 fax |
Collinsville 510 Regency Centre Collinsville, IL 62234-4658 618.343.3540 618.343.3546 fax |
Decatur 132 South Water Street, Suite 420 Decatur, IL 62523-1332 217.428.2100 217.428.2186 fax |
Joliet 24 West Cass Street, 5th Floor Joliet, Illinois 60432-4116 815.722.6560 815.722.0450 fax |
