Arlington Heights-area school districts reach agreement with Churchill Downs on racecourse property taxes — but deal with Bears still being sought mercurynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mercurynews.com Daily Mail and Mail on Sunday newspapers.
Local school districts and the former owner of Arlington International Racecourse have agreed on how large the property tax bill payable this year should be, but negotiations with the new owners the Chicago Bears are still ongoing.
Churchill Downs has reached an agreement with the Cook County Board of Review and several suburban school districts that reduces the 2022 property tax bill for Arlington Park by more than half.
Sticker shock? Residential valuations in five North and Northwest suburban townships are 15% higher for the 2022 tax year than in 2019, according to new data from the Board of Review.