property tax increases

Data shows as the price tag of buying a house anywhere across the city continues to climb. In contrast to most other major cities, 81% of Chicago homeowners now agree that the cost of such a purchase is at least “somewhat too expensive." #voters #crime #chicago

With Illinois also being home to the most local taxing bodies, House Bill 3723 would also cap annual property tax increases at 1% for seniors and House Bill 3724 would cap all such increases for homeowners at 3%. #lawmakers #tax #legislation