The coronavirus (COVID-19) has taken a toll on the federal, state, and local economies and threatens to impair values in the real estate market. Local property taxes are the life blood of school district revenues. How property is assessed is crucial to the local tax base, and how taxes are collected is vital to the ability to fund educational services. In this episode, Ares Dalianis, Michael Hernandez, and Scott Metcalf discuss the property tax and school revenue issues facing Illinois school districts by addressing the following:

• State and Federal Funding
• Property Tax Collections
• Expectations for 2020 Assessments
• Assessment Trends
• Real Estate Market Overview
• Economic Development Incentives