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Chicago’s higher property taxes hit March 2

Brad Weisenstein  |  March 2, 2021

By Brad Weisenstein, includes “… An extra $93.9 million in property taxes will be collected this year to support the city of Chicago. … Property taxes rose at nearly triple the rate of inflation across Cook County between 2000 and 2019, according to a study released in October by Cook County Treasurer Maria Pappas. … Former Mayor Rahm Emanuel oversaw the largest increase in city history in 2015 when he got the City Council to pass a $588 million property tax hike, largely for pensions and school construction.” 

Read the full article on: Illinois Policy Institute

 
 
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