A new report from Cook County leaders comes with a warning about expanding property tax breaks for homeowners: What seems good for one taxpayer can backfire on a whole town. Countywide, those exemptions remove $1.6 billion in annual tax revenue by lowering taxes for specific categories of homeowners. But the report found that in some municipalities, they don’t provide as much relief as people .
Homeowner exemptions raising some tax rates, undercutting savings chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.
University of Illinois Chicago names new head of government finance research center bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.