Legal Opinion
Lake County Board of Review v. Property Tax Appeal Board
Appellate Court of Illinois
Decided July 27, 1988No. 2-87-0973PublishedCited by 10 opinions
1Opinion of the CourtJustice Unverzagt
The Lake County Board of Review sought judicial review of an Illinois Property Tax Appeal Board (PTAB) decision which concluded that the method for computing the fair market value of government-subsidized rental property should use the market rent of the property. The trial court reversed the PTAB’s decision, finding that actual or contract rent should be used in computing the fair market value of government-subsidized rental property. On appeal, the PTAB contends that the trial court misapplied the guidelines set forth in Springfield Marine Bank v. Property Tax Appeal Board (1970), 44 Ill.…
2Cases cited15 opinions
- Springfield Marine Bank v. Property Tax Appeal BoardIllinois Supreme Court · 1970
- In Re Appeal of Johnstown AssociatesSupreme Court of Pennsylvania · 1981
- Commonwealth v. RomanSupreme Court of Pennsylvania · 1981
- People Ex Rel. McGaughey v. WilsonIllinois Supreme Court · 1937
- Community Dev. Gardner v. Bd. of Assessors of GardnerMassachusetts Supreme Judicial Court · 1979
10 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Meadowlanes Ltd. Dividend Housing Ass'n v. City of HollandMichigan Supreme Court · 1991
- Illini Country Club v. Property Tax Appeal BoardAppellate Court of Illinois · 1994
- Lake County Board of Review v. Property Tax Appeal BoardAppellate Court of Illinois · 1989
- Residential Real Estate Co. v. Illinois Property Tax Appeal BoardAppellate Court of Illinois · 1989
- Town of Cunningham v. Property Tax Appeal BoardAppellate Court of Illinois · 1992
5 more not listed; retrieve them via the Exa API.