Du Page Bank & Trust Co. v. Property Tax Appeal Board

PRESIDING JUSTICE NASH

delivered the opinion of the court:

Defendant, the Property Tax Appeal Board (PTAB) appeals from a judgment of the circuit court which, on administrative review, reversed a decision of the PTAB upholding the 1981 assessment of property held by the plaintiff, the Du Page Bank & Trust Company, as trustee. The PTAB contends the trial court erred in finding: (1) the assessment violated the constitutional requirement of uniformity of taxation and (2) that the subject property was entitled to a farmland classification.

The subject property is a 107-acre parcel consisting of two…