Section 285.7065  Schedule G-12: Forecasted Property Taxes

a)         Provide information on the forecasted property taxes for the test year. If the information for the year immediately preceding the test year reflected on Schedule C-19 represents a combination of actual and forecasted data, provide information for the year preceding the test year also.

b)         Information provided shall include:

1)         Description of the methodology used to derive forecasted amounts reflected on Schedule C-19;

2)         Equalized assessed value by county; and

3)         Effective tax rate by county with the basis for the escalation rate used.

c)         Provide the amount of property tax recoveries obtained from any appeals process for each of the three most recent consecutive years preceding the test year for which actual data exist.

(Source:  Amended at 38 Ill. Reg. 7598, effective March 20, 2014)