One example of inequality is the property tax rate in predominantly white Winnetka being around 8% while in predominantly Black Harvey, it’s around 26%. #wealthgap
Task Force membership will include representatives from county, municipal, and township governments, non-municipal taxing districts, and affordable housing groups from across Cook County. #propertytaxes
The bill targets commercial and industrial properties that have shown a clear pattern of economic stagnation or decline of real estate taxes as a result of depressed conditions.
#southlandreactivationact
The Bridge Fund Program was launched at the beginning of August to offer local taxing jurisdictions a lower-cost borrowing option for local taxing bodies. Qualifying taxing bodies such as municipalities, park districts, schools, etc. have been able to apply for a short-term loan with the County.