The Chicago suburb’s decision to raise the levy will result in a 3.1 percent hike in the city’s portion of property tax bills, marking the first such increase in four years.

Seeing rising pension costs, a decline in state assistance, and a new state tax-collection fee, in 2018 the village plans to raise the property tax levy 4.9 percent and make a 1.2 percent cut to the village’s budgeted revenues, in addition to a 1.7 percent spending cut.

A new investigation by the Chicago Tribune and ProPublica Illinois reveals the mismanagement of the Cook County property tax system, and the politically connected firms who profit from it.

A 2018 budget proposal for Elgin includes a new gas tax, an increase in water and sewer rates, and other tax hikes.

The city’s property tax levy would increase by nearly 12 percent, with most of the funding going toward police and fire pensions.

Owners of Danville property will pay fees of up to $1,020 a year just for local pensions, on top of rising property tax bills.

Palatine homeowners will see higher property tax bills in order to pay for higher local pension costs, as well as a dip in state funding.

The Town Council voted unanimously for a tax levy increase, which is expected to result in higher property taxes in 2018.