Does the aggregate extension base value under the PTELL change from year to year?
Answer #341 -- ( Published 09/30/2005 11:50 AM | Updated 07/12/2017 10:40 AM )
Does the aggregate extension base value under the Property Tax Extension Limitation Law (PTELL) change from year to year?
The aggregate extension base is generally the prior year’s extension as defined in 35 ILCS 200/18-185
. This base changes from year to year.
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