Thursday, May 9, 2013
Three other North Shore-based companies have also made the list, which includes a total of 32 Illinois companies.
Northbrook-based Allstate and three other North Shore-based companies have made the Fortune 500 list for 2013. Five Deerfield-based companies also made the list. See the list on Deerfield Patch. Fortune 500 companies are ranked by total revenues for their respective fiscal years. A total of 32 Illinois companies made the Fortune 500 list. Others include Abbott Labs at #70, Sears at #71, Allstate at #92, McDonald's at #111, CDW at #267 and Motorola at #304. At the top of the list is Walmart followed by Apple at #6 and General Motors at #7. See the full list here. Related Coverage
Friday, March 9, 2012
Community group films video in support of a $1.8 million property tax increase in West Northfield School District 31.
Friday, March 9, 2012
After last year’s property tax referendum failed by a 2-1 margin, the district made more than $1 million in cuts. Administrators say another $1 million in cuts could be necessary over the next two years if the property tax referendum does not pass in March. District 31’s situation is complicated by the fact that it has had to pay millions of dollars in property tax refunds to major district taxpayer Allstate Insurance over the past several years. Further property tax appeals are pending in court. Here, watch the pro-referrendum video created by Citizens for D31 member and district parent Susan Harrison. The video was released on the heels of a 300-person Valentine’s Day march aimed at encouraging community members to vote yes on the March…
Tuesday, January 31, 2012
81% of the 122 readers who voted said Allstate should help out the district.
After more than $1 million in cuts and one failed referendum to raise property taxes, some community members are taking a stab at a second attempt to bring funds back to West Northfield School District 31. Among the financial challenges in D31 are millions of dollars in property tax appeals from District 31’s biggest property tax payer, Allstate Insurance. The district is currently fighting a $7.4 million appeal from Allstate for the tax years 2004 - 2006, of which District 31’s share would be roughly $2.4 million. Another appeal for the tax years 2007- 2009 is on its way, Superintendent Alexendra Nicholson said at a recent board meeting. As part of pro-referendum efforts, Citizens for District 31's Political Action Committee have promoted…
Wednesday, January 25, 2012
Vote in our poll and then let us know why you feel that way in the comments section.
After more than $1 million in cuts and one failed referendum to raise property taxes, community members joined together Monday night to rally for pro-referendum efforts in a second attempt to bring funds back to West Northfield School District 31. “Everybody’s suffering from less state funds, everyone’s suffering from less federal funds, from house values going down,” Superintendent Alexendra Nicholson shared at a recent board meeting. “But there are things to District 31 that are unique to us that really are causing the most challenges.” Among those challenges are millions of dollars in property tax appeals from District 31’s biggest property tax payer, Allstate Insurance. The district is currently fighting a $7.4 million appeal from …
With rebates to the insurance giant draining the schools' finances, residents hope to shine light on the company and encourage a 're-gift' of revenue to District 31.
Top backers of a property tax increase referendum for West Northfield District 31 revved up support Monday night at the Northbrook Public Library. Aimed at galvanizing residents in hopes of persuading voters to back the March 20 referendum, Howard Hammersley suggested putting the focus on Northbrook-based Allstate, the insurance giant which is receiving millions of dollars annually in rebates from District 31 after its property had been over-assessed by Cook County. Parents like Hammersley hope to shine the light of glaring publicity on Allstate, which many feel is the root cause of the financially-strapped schools’ woes. “It’s a ‘David vs. Goliath’ story,” Hammersley told the 100 residents and referendum-promoting Citizens for District 31…
Tuesday, August 9, 2011
A group takes matters into its own hands in raising $100,000 to offset a budget shortfall.
After a referendum to raise property taxes failed in April, parents in West Northfield School District 31 took matters into their own hands this summer. The district had hoped to raise taxes to offset two $3.3 million tax appeals that covered the past four years of taxes from Allstate Insurance, which provides 22 percent of the district’s tax base. When the referendum failed by a 2-1 margin in April, district administrators announced they would need to consider $1 million in cuts. That’s when parents districtwide, including members of the Education Foundation and Parent Teacher Club, joined forces to make sure their children weren’t affected greatly. "It was really a matter of the parents stepping up to provide education for our kids," …
Wednesday, March 23, 2011
According to a group of Cook County assessors, ballot calculations of District 31's proposed tax increase do not accurately reflect the impact if the measure passes.
The figures on the ballot for West Northfield School District 31’s tax referendum are misleading, according to a group of Cook County assessors. That’s because, along with other school, fire protection and library districts with referenda on the April 5 ballot, District 31 did not estimate its proposed tax increase using a countywide multiplier that is ultimately applied to all taxpayer’s bills, according to Ali ElSaffar, president of the Cook County Township Assessors Association and Oak Park Township Assessor. Without the multiplier included in calculations, the ballot figures could be underestimated as much as 70 percent, he explained. “Personally, I’m not saying I’m in favor or against any of these referendums, but I do think people …
Friday, February 25, 2011
If approved, a referendum would generate an additional $2.2 million for the district, which is in financial trouble.
Voters will decide April 5 whether to authorize a tax increase expected to generate more than $2.2 million for West Northfield School District 31 after previous efforts to plug its budget gaps have failed. The district's board approved a $6 million bond issue last October, which officials were hoping would offset the cost of repeated property tax appeals by Allstate, delayed delivery of property taxes and the increasing price of student services. The district authorized $3 million of the $6 million to be used for operational costs and held the other $3 million, explained Superintendent Alexandra Nicholson. The remaining money would have been used for building safety and infrastructure maintenance, she said. "But at that point, we found out…
Monday, November 15, 2010
Districts 225 and 31 may have to give back $3.3. million each from already tight budgets if Allstate wins appeal in Cook County Circuit Court.
Two local school districts are still waiting to learn the outcome of a $10 million property tax appeal that could blow large holes in their tightly stretched budgets. Both districts have filed paperwork objecting to an appeal in Cook County Circuit Court by Allstate Insurance, one of the area's largest property taxpayers witht its corporate headquarters in Northbrook. Inside its tax boundaries are District 31, which includes an elementary school in Glenview and a middle school in Northbrook, and District 225, which incorporates Glenbrook North and Glenbrook South high schools. If the company gets the full refund it is seeking for the years of 2004 to 2006, each district would have $3.3 million docked from its property tax payments. "Having…
Saturday, October 9, 2010
Board passes measure to shore up cash flow as it faces delayed revenues, $3.3 million tax appeal.
Facing severely delayed property taxes this year and a potential $3.3 million tax challenge by Allstate, District 31 school board officials voted at a special meeting Thursday night to approve $6 million in bonds for its working cash fund. "That's going to go into our operating fund, so that we can pay our payroll and our vendor payments," said Superintendent Alexandra Nicholson. While the district voted to approve $6 million in bonds, it will only authorize $3 million now to cover its day to day operational costs. That $3 million includes the final $1.4 million payment coming due in December on a previous bond issue for an addition to Winkelman School. "The district needs $3 million but is asking for the right to $6 million," said board …