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.
The Education Freedom Tax Credit, also known as the Federal Scholarship Tax Credit, will give Illinois students access to donor money if the state opts into the program.