The ongoing spike in inflation is likely to drive an increase in Chicago property taxes next year. Under a budget rule passed under Mayor Lori Lightfoot in 2020, property taxes are tied to inflation.
Related posts
-
Illinois governor moves to slash cover crop funds despite rising demand
Six years ago, Illinois became the second state in the nation to offer subsidies to farmers... -
Demonstrators protest Trump, Musk in Arlington Heights and other suburbs
Critics of President Donald Trump and adviser Elon Musk took to the streets in Arlington Heights... -
Chicago men accused of trafficking drugs through Lake County
Two Chicago men are facing drug charges following an investigation by a Lake County sheriff’s task...