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Gov

Trustee James Tinaglia Casts Only “No” Vote Against Property Tax Hike; Committe-of-Whole Approves, Forwards to Board Meeting Tonight

Tonight on the Village Board meeting agenda is the topic of a proposed Property Tax Levy. The village portion of the property tax bill increase would be $19 for the average taxpayer if a 1.84 […]

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Gov

Cook County Homeowners to Receive Tax Abatement From Metropolitan Water Reclamation District Of Greater Chicago

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 […]

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Biz

Heartland Institute Study: Cook County Property Taxes Increase Twice the Rate of Inflation — a Rate That Can’t Be Sustained

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 […] […]