Montgomery County notified some residents they will not be facing 1,400% property tax hikes as originally planned. The sticker shock stemmed from a 2007 law.
Residents in Central Illinois are feeling sticker shock from exponential property tax growth. One woman’s $756 property tax bill is skyrocketing to $10,000 in one year.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.