The Cardinal

The Board of Commissioners of the Metropolitan Water Reclamation District of Greater Chicago (MWRD) has passed an ordinance directing the Cook County Clerk to reduce the tax levy for 2012 by $19.7 million. The MWRD is a government agency responsible for treating wastewater and providing stormwater management. The agency was created in 1889 to protect [...]

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The Village Board of Arlington Heights voted a smaller tax levy increase than proposed one week ago. A 1.2 percent increase for a home valued at $300,000, would bring a $12 increase to the 2013 property tax bill. The increase is about half the cost of the $20 increase trustees unanimously approved at the Committee [...]

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The economic recession that began in 2007 exposed and aggravated a government fiscal crisis that had been brewing for many years at the national, state, and municipal levels of the U.S. Slow or negative economic growth, falling housing values, rising government [...]

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Forbes has studied 200 cities with population 256,00 or greater while paying attention to home prices, home values, foreclosure rates, property taxes, political corruption, income taxes, weather, violent crimes, commute times, unemployment and pro sports team performance (sports, ludicrous?). Most Miserable: 1. Miami, Florida — 47% of homeowners sitting on underwater mortgages and 364,000 properties [...]

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