DuPage County

When Illinois home values fall, but property taxes don’t

By Orphe Divounguy, Bryce Hill, Joe Tabor
02/12/2018
If an Illinois worker takes a pay cut during a recession, she knows the state isn’t going to take an even bigger chunk out of her paycheck. That’s because the state income tax rate stays the same. But if her home loses value, too, she could still see her property tax bill go up. Government...